Correction in an expanding market

30 ก.ย. 2017

Correction in an expanding market observing basic bubble principle and wave theory, returning to expansion sustainable trend.
I didnt put too much time counting waves or setting support and resistance levels. This is just a general feeling and observing of the market. Blockchain technology is great and promising but 2017 boom is hardly sustainable considering all the risks and premature state of the technology and it's implementation.

30 ก.ย. 2017

บันทึก

Here's a dive into Elliot wave analisis of this correction.
Hope you enjoy.