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BeingCryptic
2022년 12월 28일 오후 2시 1분

Fetch A.i: 5 Wave analysis  

Fetch.AI / TetherUSBinance

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Notice Fetch A.I follows Elliot wave theory for each bear and bull cycle.
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ofcoursebutmaybe
impressive if it works.
it should however ALWAYS show multiple scenarios...

For example the blue 4,5... could also be a 1,2 initial impulse wave down. and that, could be part of the first A wave down.

do you program FETCH?
BeingCryptic
@ofcoursebutmaybe,

If you look at Elliot wave theory, a fifth wave can also be a double top, it doesn't have to go beyond the third wave.
ofcoursebutmaybe
@BeingCryptic, do you get my point though?
BeingCryptic
@ofcoursebutmaybe,

Yes it's always good to show multiple scenerio's sure, however this wasn't so much a price target prediction as it was an Elliott wave structure prediction.
ofcoursebutmaybe
@BeingCryptic, to be honest I thought you were coding something haha. ie, thats what fetch a.i. is for in some respects.

But yeah nice analysis. Will have to see how it plays out.
Always do the multiple scenarios thing. No point in pointing out one scenario, as Elliott is a risk management tool. Not a predictor of prices as you allured to.
BeingCryptic
@ofcoursebutmaybe, No I wasn't coding anything, I drew the lines on here to show the different waves. So far it looks like I called the bottom.
ofcoursebutmaybe
@BeingCryptic, are you sure consecutive impulse waves are possible in Elliott theory? I thought that is was always 1-5, then ABC.
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