Elliott Wave Analysis
What Elliott Wave analysis provides
An automated wave count for crypto and equity markets: impulse and corrective sequences, the levels that define each wave, and the points where a count would be invalidated. It applies the standard rules rather than fitting a narrative to the chart.
Which rules are enforced
The non-negotiable ones: wave 2 never retraces all of wave 1, wave 3 is never the shortest of the three impulse waves, and wave 4 does not overlap wave 1's territory in a standard impulse. A count breaking any of these is invalid regardless of how convincing it looks.
How to use a wave count
As a framework for where you are in a sequence, with an explicit invalidation level. The practical value is knowing what would prove the count wrong, which gives a natural place for a stop. Counts are provisional and get revised as new price action arrives.
Why do analysts disagree on counts?
Because the rules permit more than one valid count on the same chart, especially mid-correction. This is a genuine limitation of the method, not a defect of the tool. Alternate counts are worth holding in mind, and a count that requires ignoring a rule to work should be discarded.