Elliot

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Analysis based on Elliot waves. Worth a like?
$BTC
#Elliot

In the theory of #Elliot , the basic buoyant movement is formed by 5 waves. Waves 1, 3 and 5 are impulse waves and waves 2 and 4 are correction waves. In the most common method of happening, wave 2 is 1.618 times the length of wave 1. Wave 5 is most often the same size as wave 1. Fractals repeat in shorter chart times.

Corrective waves are usually ABC. With wave A and B completed, we can estimate likely wave C targets. This correction will be slow. But we will see many buying on a 10% dip because they believe XRP is on sale. But the most common in an Elliot top correction is the correct 0.5 to 0.618 Fibonacci correction

#Elliot wave one of the famous strategy for classic traders,but when we look at history or Elliot wave, many nations or systems like Incs and Egyptian people have lost their civilization because of they have reached their final point or wave 5 .Also many advanced civilizations have suffered from the same fate. I think we will experience the same fate in next 20 or 30 years.Recent downtrends,also employee rate have decreased in America that's why people losing their hope .Millionaires such as Waren Buffet and Elon Musk started selling their stocks and buying attractive healthy places from nature or started to live in Mars.What do you think great nation .Share your thoughts .

#SUI #Wyckoff upsloping #distribution idea and #elliot wave #Expanded flat idea
#alts #bullrun #DIP

After #ETF✅ , let's look at the chart. $BTC It broke all the EMAs downwards, only the remaining EMA 200 stands at 57.000 #USDT I hope it does not break down. Ema 200 Levels indicate the beginning or end of the trend.
The triple peak is so strong that if it cannot be crossed it will break incredibly low. That's exactly what's happening these days. It's actually a quintet, not a triple top.
$ETH #DEFİ #wallet Whatever the reason or name, the secondary correction of the #elliot wave seems to have started.
What does this mean? I hope we do not see the initial resistance of 44,000.
If the opposite happens, that is, if an upward change begins, it seems like a big TOBO will emerge. $FIL

Doge points to his support 🔴
INPUT:0.12795
Take profit: 0.11690

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#elliot $DOGE