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What is Corrective Wave in Elliott Wave Theory?
Corrective waves counteract the direction of the primary trend and are composed of three sub-waves, labeled A, B, and C. These corrections can take various forms, including zigzags, flats, and triangles, each with distinct characteristics and patterns
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#elliottwave #elliott #elliottcorrective
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#elliottwave #elliott #elliottcorrective
š¤DO YOU AGREE?
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$BNB
It seems like a case of stopping volume. And in terms of Elliott waves, this should be the beginning of a B wave.
Since A looked pretty steep, C should resemble more of a sideways movement.
After the rebound of wave B, the price should reach and maintain the $500 level for a while.
#BNBAnalysis #bnb #elliottcorrective #CommunityVoice #ElliottWaveTheory
What do you think?
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$BNB
It seems like a case of stopping volume. And in terms of Elliott waves, this should be the beginning of a B wave.
Since A looked pretty steep, C should resemble more of a sideways movement.
After the rebound of wave B, the price should reach and maintain the $500 level for a while.
#BNBAnalysis #bnb #elliottcorrective #CommunityVoice #ElliottWaveTheory
What do you think?
$BTC we have reached the level for complƩtion of #elliottcorrective wave. we are in a good zone of support at the moment... if we can hold the support , next we will rise over 70k , else we will break the 50k support area which will lead us to 30k.
we nearly completing our second wave till aro7nd 52k - 54k as good support for Ć rallye wave up till 85k - 90k , this upcoming month of September .
#BTC500K #elliottcorrective then #ElliottImpulsive .
#BTC500K #elliottcorrective then #ElliottImpulsive .
giving more emphasis on the Green price range for Ć big pump till 90k. if we Dell under 49k then . we will surely go for ride to 30k. #BTC500K #elliottcorrective
$BTC Detailed view of the art. in Favor forte price in Yellow which means going for an extended flat as #elliottcorrective till the 1.618 level.
Comment if you want to learn about Elliot Wave Theory.
Comment if you want to learn about Elliot Wave Theory.