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RE: Bitcoin (BTC) Morning Update: Price is Still Above the Support
are you using the fib extension to see how low they will go?
what are those first two fib tools? Extension or retracement?
it looks like you clicked the top of wave 0 then bottom of wave 1 then top of wave 2... you can use the extension on a 1-2-3-4-5 going down?
Why not use retracemnt tool?
I got a lot to learn lol
Trend-Based Fib Extension
wave 3 is 1.27 x wave 1
wave 5 is 1.27 x wave 3
Can you explain this?
Start here
https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin
https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves
BCH/USD
thank you