SUMMARY
With the Segwit2x coming up, the below chart shows past, current and projected Elliott Wave counts. The black 1,2,3,4,5 shows clear impulse and abides all EW rules for labeling. Elliott Waves also states that after five waves, there is a requisite three wave retracement. This is shown by the a,b,c waves. I've also added the subwaves for the red c wave and it clearly shows that the last red wave v is being worked on. So, one more lower low. Then What? The black roman numerals project the price pathway. Soon, once the red wave v of red wave c of the a,b,c correction is complete, price is expected to turn up in an impulse. Target is $3,200 or higher.
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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.**
I did like to See this fail. I hate the fact that every banker and minner with lots of bitcoin just come out and fork bitcoin. Apparently they aren't changing anything. All this bitcoin 🍴 forks should just be called altcoins as usual.
We still using banks and sometimes we even wait hours to get our money out.
I disagree. I'd like to see this be the new Bitcoin.
Need to get that S2X and get ready to sell.
This is what confuses the shit out of me. How the f are they trading b2x already when fork hasn't even taken place. I mean some unreal crap that happens in crypto!
Happens in main stream exchanges as well. Futures trading! Pretty standard.
Wow! thats almost 100%.
Thank you very much sir.
so Haejin, The C wave on a correction usually comes with a 5 wave count? does this have a name? a repulsive 5 waves? or what?
Thanks!
C waves in a flat or zig zag always have five waves. Gettig the book willhelp!
I got the books. Steep learning curve. But great recommendation hyung
i got it lol, im reading now, sorry just had a urgent question.
another question. whats out with the golden ration and fib stuff?
I see you use it not often at all.
does it not apply to charts very often?
its extremely interesting to read about in this book.
The golden ratio and fib stuff applies, always. Haejin is so adept, he can eyeball his lines. Very impressive, indeed. Watch more videos. I recommend his recent Dash post for some mind blowing insights.
ok, thank you very very much !
Hey @haejin can you do PoSToken please?