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RE: We still have not reached the bottom! Elliott Wave Analysis of the STEEM-BTC market action of last 3 days.

in #money8 years ago (edited)

Just out of curiosity...

Does your elliot wave analysis take into account the 280+% increase of steem in the next 12 months. The dynamics of a market that has less than 5% free float of coins?

Not to burst a bubble here but elliot wave and the majority of technical analysis here isn't very useful. There are so many fundamental factors and mechanics to take into account.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 60457.50
ETH 2430.71
USDT 1.00
SBD 2.51