Hi guys, quick tutorial here on the Elliott Wave trading pattern & the psychology behind buyers & sellers for this formation to happen.
For this video I use the chart for Bitcoin (BCH) vs USDT one hour candles from Bittrex.
Follow me on steemit: https://steemit.com/@dobe4ever
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Thank you. Please keep the videos coming. I’m very new to this and these tutorials really give me a direction on what I need to learn
Hi guys, it’s important that you guys read the comments on my youtube videos & steemit post for extra info. I talked about this possible Elliott Wave in my comments section yesterday, of course nothing is confirmed but it’s always something to consider.
I also called for the $920 as a target well in advance to consider taking profits & not buying back in again.
Reading comments & participating can give you a lot of info not only from me but from other users who know a lot as well.
Check it out: https://steemit.com/bitcoin/@dobe4ever/bitcoin-cash-technical-analysis-elliott-wave-tutorial-trading-psychology
Hi Dobi. Great work as always. Just a quick question. How can one predict if a peak retraces back to 38.2% or 61.8%?
Thanks for the video, what happens past point C?
Thanks!
i would accumulate maybe if it consolidates at the level of wave 4 – good vid again
thanks
I don’t want to scare you… but you could probably make top five on youtube for doing this.
Good one! I noticed NEO has similar pattern and appears to have completed the ABC correction wave and starting to go up again. What do you think?
If we consider waves of Eliton this was the third wave and now there is a correction (wave 4) You claim that the correction will end at point C but the wave 4 is usually long, And the adjustment will be perhaps much deeper. The levels Fibbonaci 0,618. What do You think about that?
Trading is always a losing game. Only 5% make money if any.
Head and shoulders pattern at the top…
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Very helpful, once again big thank you for another insightful video
Right on, thank you! Sold my in time at B level.
You’re so smart! I’m just getting in to crypto (bitcoin) with 10k+ in disposable funds. Your videos help me a lot in understanding the market x
I bought near the 3rd peak, I am such a noob.
I hadn’t noticed the Elliot wave forming, but I could see the volume drying up so I elected not to get involved in the last trade. It is so good to have your tutorials to bolster my knowledge, I feel like I’m starting to get the knack of this, and this is largely thanks to you. I look forward to every new video of yours.
Tone Vays hates eliot wave and says anybody who uses it should be fired :/
but is there a way to short bitcoin cash that you know of?