Hmm fits very well I think. My count was slightly off.
Think i thought we had done 5 & was doing an ABC now (part of your blue 2 wave) & ready to pop up for your blue 3.
Although I am quite sure you're much better than I at TA, still learning!
So could go about .17 for top of white 5, then down to about .07 for bottom of blue 2? Hope I am reading it correctly, then up for blue 3 to about .40.
in couple hours they are apparently announcing a large partnership, so perhaps fits well.
Do you see the white 3/4/5 playing out in a possible short time to fit this, and the blue would be slightly longer term, or do you think its possible the blue could happen quicker to fit. I know time is hard in Elliot wave..
And thank you kindly, for helping my ever so green self through this, and possibly profiting. Not that its anyone's decision except mine. I sold 2/3rd already and kept 1/3 encase it rally's from announcement. Would ideally love to buy back in a low after and keep some longer term..
Yes. This could all happen faster than shown in the picture. White wave 3 could also still go higher. And if we start to see bigger daily movements in altcoins this could accelerate the process of reaching blue wave1 and 2 a lot.
I cannot tell for sure which chart you posted, but is this is the $ chart, the bottom of white 4 overlaps with top of white 1. I have it a little different. Thoughts?
Your version is also possible. But if this correction goes any deeper (which it likely will in wave c) it hints at the completion of a wave 1 rather than 3.
Thanks, I appreciate the feedback. As someone who is new to this, it is particularly helpful to get some insight into the reason you lean one way over another, so thanks again.
Would you have any update for XVG, I m having trouble with the chart now and if its heading back up or this is part of a larger correction first from its recent high..with much gratitude.
Now forgive my ignorance I have only just started reading the frost/prechter book and so much to learn about EW! , the x2 & 2 2's etc have me slightly confused.
This chart is saying still on a downtrend and from here should drop to .065, then possible of .05 as lowest before another trend upwards?
Hmm fits very well I think. My count was slightly off.
Think i thought we had done 5 & was doing an ABC now (part of your blue 2 wave) & ready to pop up for your blue 3.
Although I am quite sure you're much better than I at TA, still learning!
So could go about .17 for top of white 5, then down to about .07 for bottom of blue 2? Hope I am reading it correctly, then up for blue 3 to about .40.
in couple hours they are apparently announcing a large partnership, so perhaps fits well.
Do you see the white 3/4/5 playing out in a possible short time to fit this, and the blue would be slightly longer term, or do you think its possible the blue could happen quicker to fit. I know time is hard in Elliot wave..
And thank you kindly, for helping my ever so green self through this, and possibly profiting. Not that its anyone's decision except mine. I sold 2/3rd already and kept 1/3 encase it rally's from announcement. Would ideally love to buy back in a low after and keep some longer term..
Yes. This could all happen faster than shown in the picture. White wave 3 could also still go higher. And if we start to see bigger daily movements in altcoins this could accelerate the process of reaching blue wave1 and 2 a lot.
I must be way off, thought we had finished white 4 and were starting white 5
with this recent crash it seems like blue wave 1 is already done:
Awesome, you've been so much help!!! I sold all last 3rd near the top, now hoping to buy some back in bottom of C (or close to)
I hope I can go to sleep now for few hours and come back before it turns upwards again :)
I cannot tell for sure which chart you posted, but is this is the $ chart, the bottom of white 4 overlaps with top of white 1. I have it a little different. Thoughts?
Your version is also possible. But if this correction goes any deeper (which it likely will in wave c) it hints at the completion of a wave 1 rather than 3.
It doesnt matter much. Only time will tell.
Thanks, I appreciate the feedback. As someone who is new to this, it is particularly helpful to get some insight into the reason you lean one way over another, so thanks again.
Would you have any update for XVG, I m having trouble with the chart now and if its heading back up or this is part of a larger correction first from its recent high..with much gratitude.
Orange being the lowest probable.
Thank you.
Now forgive my ignorance I have only just started reading the frost/prechter book and so much to learn about EW! , the x2 & 2 2's etc have me slightly confused.
This chart is saying still on a downtrend and from here should drop to .065, then possible of .05 as lowest before another trend upwards?
Thank you again!