SUMMARY
Time New Bank (TNB) has completed an a,b,c correction which was a zig zag (5,3,5) type. The earliest sign of a trend reversal is a set of impulse waves 1,2,3,4,5. The subwaves are labeled accordingly. The blue Elliott Waves show the trend reversal and the target is $0.275. This is with the caveat that Bitcoin (BTC) behaves itself white this target is hit!
I almost didn't show the TNB/BTC pair as it is quite similar to the TNB/USD pair. The target is 2071 Satoshi once the imulse waves complete the 5th.
Legal Disclaimer: 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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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