Post
Topic
Board Speculation
Merits 41 from 2 users
Re: 2019 Cryptocurrency (Elliott Wave)
by
xxxx123abcxxxx
on 02/07/2019, 23:45:11 UTC
⭐ Merited by prophetx (40) ,LeGaulois (1)
Please Help Me to under stand Elite Wave in BITCOIN..? Huh Huh Huh Huh Huh Huh Huh
" as per your previous Elite Wave theory you show me how bear market will continuance for 2 year cycle and you also mention "
as off no i really look like struggle for how to understand market behavior..? and i can't able to understand elite wave theory currently.
i am not able to apply formula on bitcoin chart, are we in ABC corrections Or WXY Wave ..? Please Help Me to under stand Elite Wave in BITCOIN

The last post of the 2018 Cryptocurrency Crash (Elliott Wave) thread mentioned the following:

At this stage, the market would have to exceed $5890 BITFINEX to confirm a new bull market.
Exceeding $5178 BITFINEX would provide an early signal to consider a potential change of trend.

Since 05-APR-2019, the following two Elliott Wave scenarios are currently under consideration; either:

1. The current 2019 bull market is a wave-5 of Primary degree heading towards new all-time highs; or,
2. The current 2019 bull market is a wave-X of Primary degree as part of an all overall bearish W-X-Y structure.

The aforementioned scenarios have thus far been tracked in the following posts:

      05-APR-2019 Cryptocurrency (Elliott Wave): Bull Market…?
      https://bitcointalk.org/index.php?topic=5128394.msg50467456#msg50467456
 
      20-APR-2019 Cryptocurrency (Elliott Wave): Easter Update
      https://bitcointalk.org/index.php?topic=5128394.msg50681435#msg50681435

      12-MAY-2019 Cryptocurrency (Elliott Wave): Sell In May And Go Away?
      https://bitcointalk.org/index.php?topic=5128394.msg51017295#msg51017295

      17-JUN-2019 Cryptocurrency (Elliott Wave): Solstice Update
      https://bitcointalk.org/index.php?topic=5128394.msg51505513#msg51505513

The following book is a recommendation to understand Elliott Wave theory:

      Elliott Wave Principle: Key To Market Behavior
      by A.J. Frost, Robert R. Prechter (ISBN: 9780471988496)
      https://ufile.io/a2zr6ofv (78MB) [expires 01-AUG-2019]

The following guesswork summarizes the preferred Elliott Wave model of this thread thus far (indicative of price/structure, not time):



Hope the above answers your questions.