Which cryptocurrencies have shown strong correlation with the Elliott Wave indicator on TradingView?

5 answers

• Maneesh BSNAug 07, 2024 · a year ago
  Certainly! The Elliott Wave indicator on TradingView has shown a strong correlation with several cryptocurrencies. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are among the cryptocurrencies that have displayed consistent patterns and trends in accordance with the Elliott Wave theory. These cryptocurrencies have often followed the wave patterns outlined by the indicator, making it a valuable tool for traders who utilize the Elliott Wave theory in their analysis.
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• josepharopMar 11, 2021 · 5 years ago
  Yes, there are several cryptocurrencies that have shown a strong correlation with the Elliott Wave indicator on TradingView. Some notable examples include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have exhibited patterns and trends that align with the wave patterns identified by the indicator. Traders who use the Elliott Wave theory can leverage this correlation to make more informed trading decisions.
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• Guvanch GaryagdyyevAug 01, 2022 · 3 years ago
  Based on my experience at BYDFi, I have observed that Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) have demonstrated a strong correlation with the Elliott Wave indicator on TradingView. Traders who rely on the Elliott Wave theory can use this indicator to identify potential trading opportunities in these cryptocurrencies. It's important to note that correlation does not guarantee future performance, but it can provide valuable insights for traders.
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• kma2018Jan 30, 2023 · 3 years ago
  The Elliott Wave indicator on TradingView has shown a strong correlation with various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies have often exhibited patterns that align with the wave patterns identified by the indicator. Traders who incorporate the Elliott Wave theory into their analysis can use this correlation to identify potential entry and exit points in the market.
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• NikolaMay 28, 2025 · 6 months ago
  Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are among the cryptocurrencies that have demonstrated a strong correlation with the Elliott Wave indicator on TradingView. These cryptocurrencies have shown consistent patterns and trends that align with the wave patterns outlined by the indicator. Traders who utilize the Elliott Wave theory can use this correlation to enhance their analysis and potentially improve their trading strategies.
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