Topic: 2021 Elliott Wave - page 3. (Read 3688 times)
thanks for the update!!.
I see you give a time forecast for the end of PRIMARY [5], on Dec/21 or March/22.
Could you indicate how those dates come out? Thanks.
Which of the two options you see more possible, a maximum in March/22 would mean a 3-month slower rise.
I see you give a time forecast for the end of PRIMARY [5], on Dec/21 or March/22.
Could you indicate how those dates come out? Thanks.
Which of the two options you see more possible, a maximum in March/22 would mean a 3-month slower rise.
Time length of the PRIMARY degree waves...
Code:
🡥 Wave 1: The first bull market wave 2010-2013 (1148 days)
🡦 Wave 2: The first bear market wave 2013-2015 (413 days)
🡥 Wave 3: The second bull market wave 2015-2018 (1064 days)
🡦 Wave 4: The second bear market wave 2018-2019 (364 days)
🡥 Wave 5: The third and final bull market wave 2019-Present
🡦 Wave 2: The first bear market wave 2013-2015 (413 days)
🡥 Wave 3: The second bull market wave 2015-2018 (1064 days)
🡦 Wave 4: The second bear market wave 2018-2019 (364 days)
🡥 Wave 5: The third and final bull market wave 2019-Present
The average length of the bull market waves is 1106 days.
This would project the current bull market wave which started in 2019 to complete around DEC 2021.
In the event of an extended subdividing fifth wave, an arbitrary quarter appended to this projection leads into MAR 2022.
Primary 5 looks like a more than acceptable outcome to me 
How likely do you think it is that we resume the bull run & reach new highs this year? Worrying times at the moment, would love to see what you think.
How likely do you think it is that we resume the bull run & reach new highs this year? Worrying times at the moment, would love to see what you think.
Can't rule out a revisit to the 27K zone just yet, but a move beyond the 15-JUN-2021 high of 40K ought to confirm the the bull market has resumed.
Barring a truncation, PRIMARY[5] at the very least ought to match the high of INTERMEDIATE(3) set on 12-APR-2021.
So at a minimum, back to 65K is expected before 2022 —which is a 100% gain from here.
Fibonacci-based targets for PRIMARY[5] as follows, perhaps either by DEC 2021 or MAR 2022 (BNC:BLX pricing)...
Code:
$136,152 : PRIMARY[5] = PRIMARY[3] * 0.786%
$219,866 : PRIMARY[5] = PRIMARY[3] * 0.886%
$379,693 : PRIMARY[5] = PRIMARY[3] * 1.000%
$219,866 : PRIMARY[5] = PRIMARY[3] * 0.886%
$379,693 : PRIMARY[5] = PRIMARY[3] * 1.000%
thanks for the update!!.
I see you give a time forecast for the end of PRIMARY [5], on Dec/21 or March/22.
Could you indicate how those dates come out? Thanks.
Which of the two options you see more possible, a maximum in March/22 would mean a 3-month slower rise.
Primary 5 looks like a more than acceptable outcome to me
How likely do you think it is that we resume the bull run & reach new highs this year? Worrying times at the moment, would love to see what you think.
How likely do you think it is that we resume the bull run & reach new highs this year? Worrying times at the moment, would love to see what you think.
Can't rule out a revisit to the 27K zone just yet, but a move beyond the 15-JUN-2021 high of 40K ought to confirm the the bull market has resumed.
Barring a truncation, PRIMARY[5] at the very least ought to match the high of INTERMEDIATE(3) set on 12-APR-2021.
So at a minimum, back to 65K is expected before 2022 —which is a 100% gain from here.
Fibonacci-based targets for PRIMARY[5] as follows, perhaps either by DEC 2021 or MAR 2022 (BNC:BLX pricing)...
Code:
$136,152 : PRIMARY[5] = PRIMARY[3] * 0.786%
$219,866 : PRIMARY[5] = PRIMARY[3] * 0.886%
$379,693 : PRIMARY[5] = PRIMARY[3] * 1.000%
$219,866 : PRIMARY[5] = PRIMARY[3] * 0.886%
$379,693 : PRIMARY[5] = PRIMARY[3] * 1.000%
Primary 5 looks like a more than acceptable outcome to me
How likely do you think it is that we resume the bull run & reach new highs this year? Worrying times at the moment, would love to see what you think.
How likely do you think it is that we resume the bull run & reach new highs this year? Worrying times at the moment, would love to see what you think.
I hope that we are on the price to be able to ride this wave because that pattern is pretty convincing. Although, I am not in a rush for bitcoin to go up, might as well accumulate some bitcoin here and there before that wave happens.
Still together hoping for a new cycle of beginnings for bitcoin. The month is the month of new waves that make the market like every year. 
A daily close above 40K is required at this stage to switch momentum back into the favour of the bulls.
A daily close below 34K opens the possibility to revisit the 27K-30K zone, where the bull market would still remain intact.
Still together hoping for a new cycle of beginnings for bitcoin. The month is the month of new waves that make the market like every year.
I hope that we are on the price to be able to ride this wave because that pattern is pretty convincing. Although, I am not in a rush for bitcoin to go up, might as well accumulate some bitcoin here and there before that wave happens.
What the final wave 1/2/3/4 price range/numbers?
Assuming that Bitcoin bottomed on 19-MAY-2021, the chart below illustrates Fibonacci-derived upcoming resistance levels, based on BraveNewCoin (BLC:BLX) price...
$133,889 and $136,151 and $137,332 —are a confluence of Fibonacci zones, with the average being $135,791. This price zone may be where "PRIMARY [5] → INTERMEDIATE (5) → MINOR 3" terminates..?
In your opinion, are we still on track to satisfy Elliott Wave Theory? That is still a bull market...
Yes, still within the parameters of a bull market. But a daily close below 27K would be precarious. What the final wave 1/2/3/4 price range/numbers?
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