Bitcoin, Ethereum, EOS: How "Truncations" Alert You to Big Trend Changes
by Tony Carrion
Updated: September 12, 2019
You know the basic Elliott wave pattern: 5 waves in the direction of the trend followed by 3 waves against it.
But sometimes, wave 5 is so weak that it doesn't move beyond the end of wave 3. It's called a "truncation," and it warns you of trend reversals.
Log in below -- or sign up free -- to watch our Cryptocurrency Pro Service editor show you examples of recent truncations: in Bitcoin, Ethereum and EOS.
Bonus: You'll also discover what's likely next for EOS.
Don't have an EWI Login?
No worries! Join Club EWI, our free Elliott wave educational community, and gain free access to this resource plus a full catalog of other valuable lessons. Plus, we'll keep you updated with new resources, exclusive invitations, and deals.
Also available on these platforms