jjbuttersnaps

here is some basic principles to discern between Corrective and Impulse. For corrective waves, it helps contextually to have a wave prior to measure the timing and retracement to. A simple way to tell the two apart is their retracements either do or do not intersect each other. A trending impulse wave will never have wave 4 enter wave 1's territory, and never surpasses 2. Otherwise the wave count is incorrect.The left-most corrective waves (ABC) are generally classed as 2nd wave structures, and the corrective waves on the right (ABCDE) are generally wave 4s. important to actually do the homework and chart the waves, and the waves within the waves. With many revisions, will notice that waves in whole are congruent within the structures within, and so forth. aka fractals.

Target: $34 Current Price: $2.72+1400%Modified Elliott Wave Fibonacci Analysis. Originally published in April 2021.

Everything is lining up beautifully with this count. Looking for scalp entries at wave 4 and swing entries at wave 5.

I chart using a modified elliott wave theory. I chart to the rules and nothing more. These targets are on the assumption the the entirety of the wave is yet to complete. No valid reversal I can see at this point. down we go, but here are some crucial buy levels. Never make a trade without a stop loss!

Here is a scenario I think is most likely to play out. 69,000 is laughable, and a nice round number to call it done. After the Elliott 160k Scenario broke down and invalidated a few rules with these new lows, it is responsible to consider this cycle's low is inbound. There will be two lows put in: Wave-A and Wave-C. Wave C will be the best discount you may ever get on BTC again. this is a cold storage entry level.I do not think A has printed yet. another low time-frame low is inbound, me thinks.

long term high time frame analysis. The ATH is most likely it, and cycle high is over at the 382 fib time as is the trend historically.

Multi year outlook under Elliott Wave Theory Rules, Fibonacci Extensions, and the BTC Cycle.

Elliott wave targets. Just charting to the textbook, and this is what it looks like.

If youve been following this stock to flow/ elliott wave chart, then you know its been spot on for months. I just chart to the textbook, and this is what it is saying.

Refer to previous charts. Im using Stock to Flow model, Elliott Wave, and basic Fibonacci.