ABC Corrective Wave down then... TEST $10K

2019년 5월 12일

We can clearly see our 5 waves motive wave up which has been long awaited and warmly welcomed. We will now enter into the corrective phase of Elliot Wave theory in the form of a Zigzag correction which will be harsh on some and an opportunity for others. The final corrective wave looks to come to an end in one of three indicated areas; 1) The green box indicative of 61.8% of the entire motive wave, 2) The bottom of wave 4 of the motive which is roughly 61.8% of the move, or 3) The bottom of white box which is the 161.8% level of wave A of Corrective wave. BTC has completely smashed classical technical analysis resistance/support areas, the markets are unpredictable but people are not, the euphoria from this parabolic move will catch many new and greedy people out with the whales capitalizing on their greed predicted move down toward $4900/4700 range. Looking to take an aggressive long once the corrective phase is over most likely at 61.8% retracement level. With an equal move to the upside takes us just shy of $9500, however if the move is aggressive from the offset with greater volume $10000<BTC Price