SUMMARY

On April 9, a fractal analsis of GAS/BTC was posted using the below chart. The price contours were clearly showing a rounded price formation which would be a close fractal to the first one (white). Like any rounded formation, there left wall was complete and it seemed like GAS was enterin the basin phase while the impulse waves outlined the right wall build.

The current price shows that since the April 9th recommendation, GAS has logged a 45.65% in profit! Not too shabby. The rounded formation has also be updated to be more narrow than thought. The impulse wave also should occur in a shorter time frame. The basin phase is likely complete and so wave 3,4,5 should complete the right wall building. Wave 5 target is 0.00772 BTC.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
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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