BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Hello all. I've been crunching my way through some big picture Elliott wave analysis. My current play (which *will* be revised in due course as I discover structural non-compliance) is that we are in wave 2 of 3 of 3. This is based upon the depth of retracement after last two major rallies (in 2014 and 2017) and the compliance of the latter to a single channel (on a log plot) which is typically indicative of a nesting 1-2,1-2 pattern preceding a highly impulsive 3-wave . If this is the case then the party hasn't even begun yet from a price point of view (the 3-3-3 should see us cross above the Blue channel highlighted in the last picture). This EW big picture is an ongoing project so I'll 'bug-fix' it regularly. Happy trading (or spectating)! All critique encouraged (as always).


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out