@matoa, please fill free to expand on as to why - or link me a good source material? i struggle to find good sourse on projecting the wave on fib levels etc. as i am beginner
matoa
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@macdizzle, wave 1 and wave 4 are overlapping. That means the structure failed. Simple rule of EW. Just google some info about basic rules of Elliot Waves or check Philakone's tutorials on Youtube. He explained it pretty well in the videos.
matoa
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I think you have it right. btc will go up soon (up to 8.9k) so during this upcoming bull run Ethos will reach its fifth wave. Then btc will go down again while Ethos retracing the 5 waves structure.