ELIXIR (ELIX) Technical Analysis: A sizable A,B,C three wave correction approaches. Price Target as low as $0.10 probable
bitcoin·@haejin·
0.000 HBDELIXIR (ELIX) Technical Analysis: A sizable A,B,C three wave correction approaches. Price Target as low as $0.10 probable
<center></center> -- ELIXIR (ELIX) completed five waves (1,2,3,4,5 black) as can be seen in the below chart. After Five waves are complete, Elliott Waves states that there is a requisite three wave retracement. The a,b,c, (red) are drawn in to reflect this corrective pathway that has already started. The retrace is usually to the level of prior wave IV levels. Then, after the a,b,c, (red) correction is complete, the primary trend resumes and prices are expected to rise. The price target is around $0.17 to $0.10 or so.  -- -- </center> If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer: BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36 LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36</center> **Legal Mumbo Jumbo**: 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. </center>