WAVES Coin is making Waves....the Elliot Wave kind. Bullish or Bearish? Read more here....steemCreated with Sketch.

in #bitcoin7 years ago

I love Elliot Waves....once you spot a beautiful abc and then establish the prior past five waves, it's game time! This chart shows that the impulse up is well under way with wave iii complete or near complete but hell, wave v is due!

What happens after wave v? Remember, with every five wave impulse, there is a three wave abc correction in the opposite direction. So, post the wave v, prices will correct as shown by red lines.

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.

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Nice! Recently bought a lot of Waves... Do you have a target price in the medium term?

Interesting. Where would you suggest setting our buy levels (in BTC) for the dip?

Wave IV is projecting around $2600 to $2000. I'll post updates on setting up a laddered buy levels when the correction ensues.

Could you do a WAVES vs Bitcoin chart reading as most of us trade against bitcoin due to the legal hurdles with dollar trading?

interesting topic

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