Elliott Wave Theory describes human psychology in terms of price movements.
People think in terms of returns and percentages.
So why are so many long-term Elliott analyses based on a linear scale that shows absolute points rather than percentage changes?
My advice when you see a line chart. Don't trust him.
#Elliottwave
The good old days when I predicted that $NIO would hit its top at $8 last September.
After that, the price dropped by 45% and we shared our entries with you.
Right now, we're in the green with our investments and there's a lot coming up for #NIO.
To make sure you don't miss out on anything else, follow us and feel free to show your support!
It's a win-win. 🤝
$NIO hat die zweite Zielbox erreicht ✅
Das Top für die Welle 5 sieht abgeschlossen aus und die große Korrektur in der Welle 2 steht an...
Unsere nächsten Einstiege findet ihr auf unserem YT Kanal und demnächst hier auf X..!
#NIO#StockMarket#Aktien
$PLTR has surprisingly broken out of its downward trend channel.
However, the reaction at the 0.5 fib level looked very strong and Wave X could be coming to an end here.
The correction should continue nonetheless...
@XForceGlobal I appreciate your work, but this count won't work out and the probability is getting lower and lower. There's only one way and it leads us toward $50,000. ✌️
https://t.co/yNK5vT2UHJ
$BTC has crashed by nearly 20% in less than 30 days since the top we identified.
There are still plenty of beginners who are bullish.
Let's all thank them, otherwise this wouldn't be possible. 😅
$QBTS is the correction over?
It's still hard to say at this point, but we've reached the target for wave 4 and another high in wave 5 is possible here.
I also think that a new low would be a good buying opportunity in wave 4.
#Elliottwave#Stocks
$COIN comes as no surprise to us!
As mentioned in the post from a week ago, we've seen the next price drop.
I think there is still further downside potential here...
#Coinbase#Elliottwave#Stocks
$COIN looks similar to bitcoin:native.
I'd be very surprised if we didn't see another low here.
The rally in w ave 4 clearly looks corrective and the 0.5 fib retracement of wave 2 starts at $117.
This #stock chart is one of the more difficult ones to count, but we are very confident that the correction isn't over yet.
#Coinbase #Elliottwave
$ONDS has shown crazy price action over the past few days.
At the moment, this is still the last chance for further correction.
Wave X has shown a reaction at the final fib target, specifically at 0.887.
If we break through the high at $15.28, this scenario will most likely be invalidated and I was wrong.
#stocks #Elliottwave