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RE: Bitcoin (BTC) Morning Update: One more lower low probable

in #bitcoin7 years ago

xantos Actually the rules of Elliott do give price and time when combined with Fibonacci.

Wave 3 must be a minimum 100% the price and time traveled in wave one. Generally however, wave 3 is 161.8% of Wave 1, up to 200% as upper target. You can conduct Fibonacci time projections 1 vs 3 to create a target. Happy trading.