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RE: BTS Summary since new year

in #bitshares7 years ago

Biggest mistake people make when learning Elliot Wave is to try and do the counts on low time frames. Always start on the daily time frame and use the lower time frames to confirm your count.

Her is the BTS chart on the daily time frame.

[url=https://imgur.com/cOZaLjQ][img][/img][/url]

Still need to finish waves D and E to complete the correction

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Thanks for your opinion.

Usually i use 4h Chart for greater waves.
I have tried to do it on 1D Chart

Am i right if I say you can only locate major corrections on the 1D-Chart?
Because in the beginning of this correction it looked like it was just a small correction

Do you have experience at short time trading using elliot waves?

great evening

i looked at the chart from januari first until just now. I see a big triangle and ABCD and E finished! BTS/BTC Poloniex.