Three rules of Elliot Wave:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
The five wave graph of Bitcoin Gold, obeys the rules of Elliot Wave theory by bouncing back form the upward trend line.
Therefore, our targets for this trade are:
1. 0.008787 BTC
2. 0.010535 BTC
3. 0.0116 BTC
Buy-in price: 0.0078-0.0082 BTC
Stop-loss: 0.0070 BTC
Ashanti!
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
The five wave graph of Bitcoin Gold, obeys the rules of Elliot Wave theory by bouncing back form the upward trend line.
Therefore, our targets for this trade are:
1. 0.008787 BTC
2. 0.010535 BTC
3. 0.0116 BTC
Buy-in price: 0.0078-0.0082 BTC
Stop-loss: 0.0070 BTC
Ashanti!