Flat = Zigzag + Combination + Ending Diagonal Telegram Teoria Das Ondas de Elliott
the Wave Theory requires a mentality divergent from the norm. To accurately call market turning points demands you buck the crowd precisely at the time the majority is most convinced an event will occur (you may possibly even be ridiculed for your beliefs, one of the most reliable signs your analysis is correct). Extreme self-confidence is a must
Bump and run it's a known pattern. The resistance line must be broken and you can buy in the retest of the same line.
There is a possible triangle in the daily chart, which may possibly be of a complex Triple Three correction, which is apparently coming to an end. We observed a pattern of Fibonacci that has been repeating itself within this possible triangle in D1. It's retracing exactly 61.8% of each previous lower movement and also repeating in the extension, values between 50%...
it seems that we have here a possible formation of a wolfe wave, keep an eye. we can see a dump of approximately -7%.
the current scenario shows a Flat extended C correction, which can reach levels above 123.6%, in this case 161.8% of the wave A movement, also confluent with the 50% retraction level of the low movement since the 7400.
Double three since the beginning of correction at 17,5k. WXY with the Y = triple three WXYXZ Plus a Wolfe Wave that with the ETA and EPA show us that Bitcoin could reach 12k till feb or march of 2019.