Post
Topic
Board Speculation
Merits 1 from 1 user
Re: 2019 Cryptocurrency (Elliott Wave)
by
Johnii
on 09/11/2019, 08:56:39 UTC
⭐ Merited by Febo (1)
Hi, I'm a big fan of Elliott waves and I just wonder if the last crash from 19800$ to 3180$ was wave 2 ABC correction of wave one that started in 23 May 2016 and peaked in 2017 December. Now according to my theory the wave 3 has already started in 17 December 2018 and will peak at around 300k mid 2021. I hope Elliott waves experts here have a look at my opinion.

It's difficult to comment without seeing your wave count. Could you show us a chart?

From the December 2018 low, the OP's preferred count puts us in a Primary Wave 5, not Wave 3. See here: https://bitcointalk.org/index.php?topic=5128394.msg52880531#msg52880531

Ok this is my chart. I counted since btc was 1$ then 5 waves ended with their ABC correction and consolidation mid 2016

https://i.ibb.co/FmZ9rw6/Screenshot-20191109-094930.png