ETHEREUM Bullish Correction (Neo Wave Analysis) Learn NEO WAVES
Hi Again Everyone,
Anyone familiar with the modern Elliot Wave Theory. Its called Neo Wave and involves a reflection of the market data that better reflects todays modern markets rather then the 80's stock markets which better fit with Ralph Nelson Elliot's Elliot Wave Theory. It adds a more scientific approach to market price movements. Have you noticed the wave counts in todays time are harder to decipher when compared to charts from say 20-40 years ago?
This above picture I have wave counted for ETH/USDT applies some concepts that Glenn Neely (Founder of Neo Wave) depicts in the modern day markets where wave B exceeds the commencing price point of wave A. Typically this can be seen as the "impulsive" strength of the larger fractal. Indicating that we are about to see an incredibly bullish impulse from ETH once the correction is complete. This potential wave count will give the trader the best chance of catching the bottom of a correction if your homework has been completed correctly. This to me looks valid and waiting for confirmation to take an entry on verifying Wave C completion. I have just witnessed this and executed a trade in EOS/USDTPERP which netted me a 150% gain with leverage in just 3 hours. Take a look at EOS/USDT and I urge you to take a look at the correction that occurred before the most recent bullish move upwards to the $5.40 USD (14/02/2021) and see how modern day corrections are changing the way we treat Elliot Wave Theory. Wave C even finishes above the start of Wave A on EOS/USDT. That's how Bullish EOS is at the moment.
Please note this is not Financial Advice and DYOR as usual.
Thanks,
Husky
Anyone familiar with the modern Elliot Wave Theory. Its called Neo Wave and involves a reflection of the market data that better reflects todays modern markets rather then the 80's stock markets which better fit with Ralph Nelson Elliot's Elliot Wave Theory. It adds a more scientific approach to market price movements. Have you noticed the wave counts in todays time are harder to decipher when compared to charts from say 20-40 years ago?
This above picture I have wave counted for ETH/USDT applies some concepts that Glenn Neely (Founder of Neo Wave) depicts in the modern day markets where wave B exceeds the commencing price point of wave A. Typically this can be seen as the "impulsive" strength of the larger fractal. Indicating that we are about to see an incredibly bullish impulse from ETH once the correction is complete. This potential wave count will give the trader the best chance of catching the bottom of a correction if your homework has been completed correctly. This to me looks valid and waiting for confirmation to take an entry on verifying Wave C completion. I have just witnessed this and executed a trade in EOS/USDTPERP which netted me a 150% gain with leverage in just 3 hours. Take a look at EOS/USDT and I urge you to take a look at the correction that occurred before the most recent bullish move upwards to the $5.40 USD (14/02/2021) and see how modern day corrections are changing the way we treat Elliot Wave Theory. Wave C even finishes above the start of Wave A on EOS/USDT. That's how Bullish EOS is at the moment.
Please note this is not Financial Advice and DYOR as usual.
Thanks,
Husky