tchat
Long

Pfork scaffolded Fib extension w/ 3-drives in ABCD

BITTREX:QTUMBTC   Qtum / Bitcoin
For this chart to be valid, I think we'd have to see another BTG-driven debacle after QTUM's next peak. This one simply cloned the evident 3-drives pattern flowing in to Elliott Correction wave off of the previous peak onto the next pitchfork /Fib-extrapolated Elliott wave peak and tacking the corrective waves on the end of the 2nd 3-drives pattern to yield an ABCD extension. In actuality, I don't think that 3-drives section will play into the correction next time, but I'm going to put the chart up for posterity just to see how over-reliance on an aesthetic ideal works out. Not well, I imagine, but I'll post another version for the sake of later comparison.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out