I notice most other EW analysts are in for a lower low in Bitcoin, but I think it is done, or in a triangle not giving any lower lows. Here is my two main alternatives on this bullish BTC Elliot Waves analysis.
If you have another view on this your welcome to discuss and post your charts in the comments.
Comments are highly appreciated, and if you profit from this chart, or enjoy my post, please upvote, resteem and follow!
I have learned this profitable EW charting by @haejin btw!
These charts are done at Hitbtc exchange
If you feel like buying me a beer:
ETH: 0x478c06b33f2b03892dcbb03cd353defba356bc26
LTC: LQ3Jc2bq46Dc8FBkdDoDKtAtYp6mNdLDSa
BTC: 1NXnrq9WcF2BoL2dwAgNg85MZ2qiwN5e1j
BCH: 1GTzQYiTn2EqNt3YVp9LoCbzVvouHiHJAD
Hey @thedolphin ...I'm liking your work and appreciate you speaking your own mind.
What are your thoughts on NXT? It looks to me that it is finishing off a bullish triangle and maybe volume is lowering slowly. Thoughts?
Thanks again!
Thanks :)
I chart to learn it properly myself, and part of learning you got to make your own mistakes, and that is sort of what I'm doing here. But bitcoin is jerking around this price just to not let me know if I'm right or wrong...
I am quite bullish about NXT, and have been buying the dips the last week. I'll try to chart it out tomorrow if I got some spare time.
At Hitbtc the volume was pretty high yesterday, but going down now so you might be correct.
nice graph :) i think btc going to up :)
I am now most comfortable with it way up for sure :)
Coins mentioned in post:
@coin.info Hope not anyone buy waves based on this post :D
Sure hope thats the case then ETH should also go back up :)
Better not for my ETH chart to be correct :)