SUMMARY
Here are the same markings for the Bitcoin (BTC) freehand projected pathway which was made using abc and fibonacci zones. The adherence of price to this pathway is not too shabby. I only draw it freehand because the available tools don't allow small enough incremental turns. The Right Shoulder of the IHS pattern could still be in the works.
The downward wedge is also uncanny and the red abc shows to be complete with the c wave's five subwaves also fully placed. The only thing is that price is a bit distant from the apex.
The longer term remains towards the direction of putting in the bule wave D.
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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