Elliot Wave Theory - Looking at higher lows down to Wave 4, finishing up in Summer 2022, then running up to $85-100k ATH for Wave 5. If we assume an ascending channel from the 2017 and 2021 all time highs, we can see the elliot wave locations at the bottom and tops of the channel.
Elliot Wave Theory, Road to $1. The recent rise to $0.50 and correction to $0.26 completes wave 1 and 2. Looking for Wave 3 at $0.75, dip to wave 4 at $0.55, and final push up to $1 for wave 5. Hitting the Fibonacci levels on the money so far.
Is there a better way of looking at this in terms of elliot impulse waves? This would suggest a series of correction waves to follow before transitioning into a new impulse wave
