What did I tell you guys😅. Wave 4 within the 4th wave has acted perfectly and has follow the trajectory I expected. Now all we have to do is wait. Hopefully the wave will reach the trend line like expected and consolidate. Then it will be time to buy
Nothing like what you said lol i love elliot wave its hilarious entertainment
ASA2001
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@EraHCS I made a change to the trendline and it still fits the rules of elliot wave. I may be wrong sometimes, I cannot predict the way the market runs, but I have never told anyone to invest in bitcoin in the last few weeks. My advice has been to wait until the 5th wave has completed. It doesnt matter how it completes as long as it does and follows all the rules. From what I see we are on the 5th wave, so elliot wave has been right, just my short term analysis (which is close to impossible to be perfect) has been wrong. These posts are only to comfort people on the long term trend of bitcoin. I hope they help you in the long term, but I will warn you that I can never be correct in the short term. Sorry if I have not met expectations.
EraHCS
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@ASA2001, of course you made changes, thats how elliot wave works when it doesnt go right, you can constantly keep moving the goal post. you should scrap elliot wave and start using basic things such as price action, volume, support/resistance, it would serve you much better
ASA2001
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@EraHCS There are many different ways to analyse a market. You can use yours, I can use mine. You arent understanding my point. If I was telling people to invest at certain times in the past, you would be absolutely right, because I would be telling them fairy tales. My words have been clear from the start. Wait for the structure to form, and then we will see. What happens in that structure has no difference to me or to anyone who is following my advice. As long is can be explained, thats fine by me. That is how elliot wave works. I will wait for this 5th wave to form, and invest accordingly. This structure I have been going on about is only to reinforce when I should buy, not my buying plan. It seems to me that you are a day trader, because of your use of resistance lines, support lines etc, so the way you look at things is too narrow for my explanations. I am looking to hold things for the longer term. Little movements that I am wrong about that you have capitalised on, dont affect me in the slightest. This is the last time I will be replying to your message. I wish you all the best, with whatever methods you may choose to use