The chart seems to be keeping to the Elliot waves. Could be the start of wave 3 if these levels hold. What do other people think?
Elliot wave theory:
1.Wave 2 never moves beyond the start of wave 1;
2.Wave 3 is never the shortest wave;
3.Wave 4 never enters the price territory of wave
Typically:
Wave 2 is typically 50%, 61.8%, 78.6%, or 88.2% of wave 1
Wave 3 is typically 161.8% of wave 1
Wave 4 is typically 14.6%, 23.6%, or
38.2% of wave 3
Wave 5 is typically:
-inverse 1.236 – 1.618% of wave 4,
-equal to wave 1 or
-61.8% of wave 1+3
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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0.9¢ | 5762396 | 10 |
View Market Depth
No. | Vol. | Price($) |
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19 | 11744430 | 0.007 |
22 | 11176992 | 0.006 |
20 | 15232589 | 0.005 |
9 | 6700001 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5762396 | 10 |
0.010 | 7532706 | 13 |
0.011 | 5400645 | 12 |
0.012 | 9320756 | 9 |
0.013 | 8500000 | 6 |
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