tecknit

Using Elliot Wave Theory and Fibonacci I believe correction over

Long
tecknit Updated   
COINBASE:BTCUSD   Bitcoin
The only anomaly is that the Wave Y sub-wave B has a sub-wave of impulsive 12345 instead of ABC. Other than that, this looks very clean.
Comment:
One mistake - the 4,700 - 4,800 is actually still in play. In any case, we are very near the end of the correction
Comment:
Someone pointed out to me a mistake I made on the Wave X having 5 fives and also the Wave Y sub-wave B.
Corrected these here. Still makes sense using Fib extension


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.