LINKEUR Elliott wave 5 correction

Elliot doesn't give us when or how much, but we know which way its movement is going.

¨°o.O - taking into account that wave 5 has to stay below wave 3 it can be predicted that there is a probability that the price will go to 1 digit at the end of this wave 5.
¨°o.O - taking into account that after wave 5 will make ABC go up because we are using inverted elliott in a bearish channel, I will make an entry at the end of wave 5 and an exit at C.
¨°o.O - the chart is at 9Hs, it gives you plenty of time to do your own analysis, however BTC and coins in general are doing something similar.
¨°o.O - I'm not saying that after wave 5 it will start a run to the top and I expect a continuation down after the elliott 5+ABC takes place,
but at a certain point the market after a C wave will make 12345 not going down but up until then we are analyzing daily and taking advantage of these small rises in the bear market which is a good way to earn between 10 to 30% even in a falling market.
¨°o.O - leave your like and leave your opinion if you want.

this is a conservative analysis because wave 5 as I said has to be below wave 3 but in a bear market it can even go below the white lines I drew

Kommentera:

the elliott wave doesn't say when or how much it just says in which direction it goes, the target was not hit at the current chart point but it should certainly be hit in the next moves

Kommentera:

I updated my target in this currency and I even hope it drops much more, you can see the forecast in the most recent forecasts