JamesBrown
Sun Jul 07 2024
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7 answers
929
Are two daily Elliott wave counts valid for bitcoin?
Could you elaborate on whether conducting two separate daily Elliott wave counts for Bitcoin is a valid approach? Given the volatile and complex nature of the cryptocurrency market, does it make sense to apply this technical analysis tool twice in a single trading day? Could the results provide conflicting signals or enhanced insights? Additionally, how does this method compare to conducting a single daily Elliott wave count? Are there any specific considerations or caveats that traders should be aware of when employing this strategy?
