Cryptos are so interesting! I find patterns in cryptos that are not so common in stocks! The extended fifth waves are more common in commodities than stocks and cryptos just love this wave extension. The expanded flat abc corrections is popping up more and more in cryptos! So, to that note, here is a variation of a count that could result in an expanded flat; also called irregular flat.
Regardless, I believe the Wave III top is placed and Wave IV start has matured.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Love your analysis. Hope you get more of a following soon. You deserve it.
me too! The folower accruel is very slow.
This is very interesting!
Thanks for sharing this, I honestly dont know too much about elliot waves and such. I am happy to follow along!
Stocks have less volatility... and news influence more in crypto world that in stocks, although are behaving pretty the same way
In crypto we can see more common people involved so more emotions, more panic buy/sell, that in stocks. Also, we will see more common people ruined by crypto than by stocks because it's easier to buy btc than oil and lose money in corrections
Also, no central banks and their manipulations
But there are wales dumping prices sometimes.
Yes, I agree, big whales manipulate a lot the market
This translates to one more up I guess.
Very interesting.
I guess cryptos behave in a more complex fashion then anyone can imagine. At least until the markets are more mature.
how far down you think we go before we go back up ?
obviously your opinion ..thanks
This post would give the best big picture:
https://steemit.com/bitcoin/@haejin/bitcoin-btc-update-the-big-picture