BTC Buying strategy for when the drop happens - An Elliot Wave analysis

in #money7 years ago

I've managed to internalize the sub waves of the 5th wave. There's no theoretical reason for this not to happen. It's just a case of whether it does or not

I think this projection should happen, Ill most likely buy some new BTC incrementally at these levels.

A firth wave extension is very common in crypto.

tvbtc.png

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I didn't do an EW analysis, but my prediction to where the price could develop support is similar to yours! Wave 5 should end up at 5800, around the area you indicated as well. Followed you since I do crypto TA updates as well!

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