Crypto-Swing

Crypto-Swing

COINBASE:BTCUSD www.patreon.com The long count is over. 8 days from bottom of $6,201 at point 1 on the above chart, to the peak at point 5. Now, another 8 days has completed from the peak at 5 to the bottom at (c), arriving at $6,237. BTCUSD has fulfilled all the criteria of my Elliott Wave correction, and now looks set to begin its climb to $6,823.

Crypto-Swing

BITFINEX:XLMUSD Looks like the correction in XLM will extend down to $0.244, at the 0.618 Fibonacci retracement level. A Head and Shoulders pattern had completed in the last few hours, projecting weakness equivalent to the height of the "head".