wicksell

Elliott wave pattern

Long
wicksell Updated   
BITMEX:XBTUSD.P   Bitcoin
We conclude wave 1 and wave 2.
Wave 2 = 0.618 x wave 1
Wave 3 = 1.618 x wave 1
Wave 4 = 0.382 x wave 3
Wave 5 = wave 1

After we can not get a new bottom, and a break of the last highest low, we start a new cycle, a reversal has completed wave 1 and wave 2, and will start the biggest wave of this movement.
Comment:
This is Invalid, becouse start wave 5 this dump, target 2879
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