XLM/BTC Elliott Wave Analysis - Breakout?

22 พ.ย. 2020

Hello all,

I've counted this with many different sequences and feel that a Double Three (WXY) combination is what has likely been printed here.

It's possible that it continues to correct further to three corrective structures and forms a Triple Three (WXYXZ).

I'm looking for a set of five impulsive and composed waves to rule this out and signal a change in the direction of the trend at one larger degree. Follow me for further updates.

Elliotticians your input will be kindly received, please leave a comment and feel free to share your opinion.

Thanks for looking,
Beyond Edge



Disclaimer

This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.

Do not trade or speculate based solely on the information provided.

Trust your own analysis.
Beyond Edge

24 พ.ย. 2020

การซื้อขายยังคงดำเนินอยู่

XLMBTC has broken out of the zigzag. Looking for impulsive waves here upwards to indicate a reversal. Let's see how this plays out.