Figure 2. Bitcoin’s long-term Elliott Wave count since December 2017, with halving dates. Figure 2 shows that the green W-1 of the red W-iii was approximately $49K, while the green W-3 was about $60K, ...
From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Crypto Waves Founder Ryan Wilday discusses his Bitcoin thesis and preference for BITO over GBTC. Wilday emphasizes the importance of cash management and diversification in investment portfolios, ...
Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...
Short-term Elliott Wave count for the SPX since October. In a textbook five-wave impulse move, the third wave commonly reaches the 161.8% extension, the fourth wave hits the 100.0%, and the fifth wave ...