|
Title: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 01, 2022, 06:06:10 PM 2022 Elliott Wave
Speculatively forecasting the price of Bitcoin via subjectively using the Elliott Wave principle. Analysis is conjecture with sporadic fortnightly to monthly updates. Previous thread: 2021 Elliott Wave (https://bitcointalk.org/index.php?topic=5300627.0) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 01, 2022, 06:17:14 PM BTC/USD
https://12345abcdewxyz.files.wordpress.com/2022/01/20220101-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220101-bncblx.png) https://12345abcdewxyz.files.wordpress.com/2022/01/20220101-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220101-btcusd.png) PRIMARY degree waves... Code: PRIMARY Wave [1]: The first bull market wave 2010-2013 (1148 days) Magnitude of bull market impulsive waves which progress the trend... Code: PRIMARY Wave [1] = 1178 points, 3666017% Fibonacci-based projection target zones for PRIMARY[5] wave, using BLX:BNC pricing... Code: $136,152 : PRIMARY[5] = PRIMARY[3] * 0.786% Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 01, 2022, 06:29:20 PM ETH/USD
https://12345abcdewxyz.files.wordpress.com/2022/01/20220101-ethusd.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220101-ethusd.png) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 01, 2022, 06:34:36 PM DJIA 30
https://12345abcdewxyz.files.wordpress.com/2021/12/20211224-w-djia30.png (https://12345abcdewxyz.files.wordpress.com/2021/12/20211224-w-djia30.png) https://12345abcdewxyz.files.wordpress.com/2021/12/20211224-m-djia30.png (https://12345abcdewxyz.files.wordpress.com/2021/12/20211224-m-djia30.png) Title: Re: 2022 Elliott Wave Post by: josegines on January 02, 2022, 05:23:25 PM ETH/USD why is ETH an ABC? shouldn't it start with a 12345 impulse?Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 02, 2022, 06:00:52 PM why is ETH an ABC? shouldn't it start with a 12345 impulse? Insufficient historical data. Appears to be just three waves since 2015 launch. Either wave-5 or wave-C uptrend is underway from the 2018 low.Title: Re: 2022 Elliott Wave Post by: sedactoo+04 on January 03, 2022, 11:45:04 AM Been waiting for this awesome thread, thank you Steve.
Do you keep the bull scenario more likely due to eth's strong hold? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 03, 2022, 12:09:15 PM Been waiting for this awesome thread, thank you Steve. Keeping the bull scenario simply because there appears to be insufficient waves to complete the waveset.Do you keep the bull scenario more likely due to eth's strong hold? Title: Re: 2022 Elliott Wave Post by: josegines on January 05, 2022, 09:45:30 AM What if the November high was the beginning of the bear cycle? It is not impossible.
If we see a new maximum in the coming months, this cycle would have been significantly longer than the previous ones, also leaving much less time for the subsequent bearish cycle before the next halving of 2024. That is, if we expect a PRIMARY [5] to culminate CYCLE I, the subsequent CYCLE II would have a very short duration relative to the impulse it corrects. CYCLE I ---> 11 years CYCLE II ---> <2 years It's not what anyone wants to read, not even me. I'm not short, far from it. It is that the times would not fit. Title: Re: 2022 Elliott Wave Post by: tertius993 on January 05, 2022, 10:11:00 AM Or could it be that it simply doesn’t follow a wave cycle?
How did last year’s thread/prediction play out? “If” I’m reading it correctly it forecast $200k for December 2021. I love reading these predictions (and would definitely be delighted if they came true) but really … ? … does anyone ever go back and say “This is what it forecast, X; this is what we saw, Y”? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 05, 2022, 10:28:25 AM What if the November high was the beginning of the bear cycle? It is not impossible. If we see a new maximum in the coming months, this cycle would have been significantly longer than the previous ones, also leaving much less time for the subsequent bearish cycle before the next halving of 2024. That is, if we expect a PRIMARY [5] to culminate CYCLE I, the subsequent CYCLE II would have a very short duration relative to the impulse it corrects. CYCLE I ---> 11 years CYCLE II ---> <2 years It's not what anyone wants to read, not even me. I'm not short, far from it. It is that the times would not fit. If the price of BTC drops to the 21-SEP-2021 low of 40K, it would imply an ongoing wave-(4) pullback is still underway and heading back to the JUN-2021 low of 28K. Market cycles don't necessarily have to equal a balance of time; e.g. see DJIA30 chart here: https://12345abcdewxyz.files.wordpress.com/2021/12/20211224-m-djia30.png —From the 1932 low to the 2007 high, the DJIA30 index had a 75 year SUPERCYCLE-(I) bull market, consisting of five CYCLE degree waves. —From the 2007 high to 2009 low, a SUPERCYCLE-(II) bear market halved the bull market (i.e. a -55% decline, approx equal to other historical declines). —A 75 year SUPERCYCLE bull market, corrected by a 2 year SUPERCYCLE bear market. After BTC completes its first bull market CYCLE, a bear market CYCLE shall follow (i.e. up to a -90% decline, approx equal to other historical declines). Afterwards, whether a new bull market CYCLE starts again, is anybody's guess..? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 05, 2022, 10:43:37 AM Or could it be that it simply doesn’t follow a wave cycle? How did last year’s thread/prediction play out? “If” I’m reading it correctly it forecast $200k for December 2021. I love reading these predictions (and would definitely be delighted if they came true) but really … ? … does anyone ever go back and say “This is what it forecast, X; this is what we saw, Y”? No change to the outlook yet, still expecting a top at either one of the following initial zones... Code: Fibonacci-based projection target zones for PRIMARY[5] wave, using BLX:BNC pricing... Waves can subdivide and extend in price and time, or truncate. Hence, unpredictable "delays and detours" may occur to the roadmap. As and when the waves unfold, price and time projections are revised. However, thus far the "destination" hasn't changed as of yet. The Elliott Wave model is indicative of price & structure, not time. Title: Re: 2022 Elliott Wave Post by: josegines on January 05, 2022, 12:17:12 PM What if the November high was the beginning of the bear cycle? It is not impossible. If we see a new maximum in the coming months, this cycle would have been significantly longer than the previous ones, also leaving much less time for the subsequent bearish cycle before the next halving of 2024. That is, if we expect a PRIMARY [5] to culminate CYCLE I, the subsequent CYCLE II would have a very short duration relative to the impulse it corrects. CYCLE I ---> 11 years CYCLE II ---> <2 years It's not what anyone wants to read, not even me. I'm not short, far from it. It is that the times would not fit. If the price of BTC drops to the 21-SEP-2021 low of 40K, it would imply an ongoing wave-(4) pullback is still underway and heading back to the JUN-2021 low of 28K. Market cycles don't necessarily have to equal a balance of time; e.g. see DJIA30 chart here: https://12345abcdewxyz.files.wordpress.com/2021/12/20211224-m-djia30.png —From the 1932 low to the 2007 high, the DJIA30 index had a 75 year SUPERCYCLE-(I) bull market, consisting of five CYCLE degree waves. —From the 2007 high to 2009 low, a SUPERCYCLE-(II) bear market halved the bull market (i.e. a -55% decline, approx equal to other historical declines). —A 75 year SUPERCYCLE bull market, corrected by a 2 year SUPERCYCLE bear market. After BTC completes its first bull market CYCLE, a bear market CYCLE shall follow (i.e. up to a -90% decline, approx equal to other historical declines). Afterwards, whether a new bull market CYCLE starts again, is anybody's guess..? Okay, I try to fit the different forecasts out there. -If BTC makes a new high in 2022, it could equate to the end of CYCLE I -If after the halving of 2024 we see a new ATH, it could occur in 2025-2026 -between the maximum assumption of 2022 and the halving of 2024 should be the minimum of CYCLE II, then it would have a duration of less than 2 years. in your opinion: -the duration of CYCLE II could perfectly fit Elliot's Wave Theory and be followed by a CYCLE III (which would be mind-blowing) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 05, 2022, 08:23:18 PM Okay, I try to fit the different forecasts out there. -If BTC makes a new high in 2022, it could equate to the end of CYCLE I -If after the halving of 2024 we see a new ATH, it could occur in 2025-2026 -between the maximum assumption of 2022 and the halving of 2024 should be the minimum of CYCLE II, then it would have a duration of less than 2 years. in your opinion: -the duration of CYCLE II could perfectly fit Elliot's Wave Theory and be followed by a CYCLE III (which would be mind-blowing) Yes, that is correct. A new CYCLE III bull market, if it does commence, may look like a perpetual market, as illustrated in the following post: https://bitcointalk.org/index.php?topic=5300627.msg58211127#msg58211127 Title: Re: 2022 Elliott Wave Post by: CookieFactory on January 08, 2022, 02:23:19 PM Okay, I try to fit the different forecasts out there. -If BTC makes a new high in 2022, it could equate to the end of CYCLE I -If after the halving of 2024 we see a new ATH, it could occur in 2025-2026 -between the maximum assumption of 2022 and the halving of 2024 should be the minimum of CYCLE II, then it would have a duration of less than 2 years. in your opinion: -the duration of CYCLE II could perfectly fit Elliot's Wave Theory and be followed by a CYCLE III (which would be mind-blowing) Yes, that is correct. A new CYCLE III bull market, if it does commence, may look like a perpetual market, as illustrated in the following post: https://bitcointalk.org/index.php?topic=5300627.msg58211127#msg58211127 Just to confirm, the "perpetual market" is essentially the "end of cycles" hypothesis that's currently making the rounds? Per EW theory cycles are inherent in the rhythms of man's life rather than something specific to bitcoin (or any other asset for that matter). It's only from being "man-made" and subject to man's whims that bitcoin inherits cycle behavior so how do we reconcile the end of cycles despite still existing within the realm of man's behavior? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 08, 2022, 02:46:38 PM Just to confirm, the "perpetual market" is essentially the "end of cycles" hypothesis that's currently making the rounds? Per EW theory cycles are inherent in the rhythms of man's life rather than something specific to bitcoin (or any other asset for that matter). It's only from being "man-made" and subject to man's whims that bitcoin inherits cycle behavior so how do we reconcile the end of cycles despite still existing within the realm of man's behavior? "Perpetual" in the sense that Bitcoin has survived its first CYCLE degree bear market crash, and commences a new decade plus secular (i.e. long-term) CYCLE bull market, but continues to behave in a volatile fashion with -90% cyclical (i.e. short-term) bear markets.Title: Re: 2022 Elliott Wave Post by: CookieFactory on January 08, 2022, 04:56:33 PM Just to confirm, the "perpetual market" is essentially the "end of cycles" hypothesis that's currently making the rounds? Per EW theory cycles are inherent in the rhythms of man's life rather than something specific to bitcoin (or any other asset for that matter). It's only from being "man-made" and subject to man's whims that bitcoin inherits cycle behavior so how do we reconcile the end of cycles despite still existing within the realm of man's behavior? "Perpetual" in the sense that Bitcoin has survived its first CYCLE degree bear market crash, and commences a new decade plus secular (i.e. long-term) CYCLE bull market, but continues to behave in a volatile fashion with -90% cyclical (i.e. short-term) bear markets.Gotcha, thanks for the clarification. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 10, 2022, 06:45:10 PM https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png) Title: Re: 2022 Elliott Wave Post by: drays on January 11, 2022, 02:45:21 PM If this is the 4-th correcting wave of the primary [5], then its wave C should drop lower than the wave A did, right?
Why do you expect it to bounce off around the same level as A did? Wouldn't it be more natural if it bounces off Fibonacci 0.382 (19640)? Or would such scenario break some structures? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 11, 2022, 08:34:46 PM If this is the 4-th correcting wave of the primary [5], then its wave C should drop lower than the wave A did, right? Why do you expect it to bounce off around the same level as A did? Wouldn't it be more natural if it bounces off Fibonacci 0.382 (19640)? Or would such scenario break some structures? Since wave-B exceeded the high of wave-A (i.e. an Irregular B-wave), albeit very trivially; here are the potential wave-4 pullback scenarios to consider, in order of elimination... 1. If wave-C fails to decline to the wave-A low, then either i. a bullish Running Flat; or, ii. a bullish Ascending Triangle. 2. If wave-C declines to the wave-A low, then a bullish Regular Flat. 3. If wave-C exceeds the wave-A low, then either i. a bullish Expanded Flat; or, ii. a bullish Expanding Triangle. Flat: https://i.ibb.co/C0NFQPD/EW-Flat.png Triangle: https://i.ibb.co/0y0ZZff/EW-Triangle.jpg Scenario 2 is the median of all scenarios, and hence is depicted on the charts for now. Title: Re: 2022 Elliott Wave Post by: LFC_Bitcoin on January 11, 2022, 09:06:14 PM I’m doubtful the prices predicted by the OP can happen in 2022 but wow, if we get even close to the prices mentioned some of us will be very rich. Like I said, I’m doubtful but would love to be wrong. I think this bull cycoe is over & we have to wait until after the next halving to see over $100,000.
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 11, 2022, 09:10:21 PM I’m doubtful the prices predicted by the OP can happen in 2022 but wow, if we get even close to the prices mentioned some of us will be very rich. Like I said, I’m doubtful but would love to be wrong. I think this bull cycoe is over & we have to wait until after the next halving to see over $100,000. The Elliott Wave model and projections are indicative of price & structure, not time. As stated, here are initial Fibonacci-based projection target zones for PRIMARY[5] wave; i.e. where the bull market could end, using BLX:BNC pricing... Code: $136,152 : PRIMARY[5] = PRIMARY[3] * 0.786% Title: Re: 2022 Elliott Wave Post by: ImThour on January 26, 2022, 11:31:42 AM I’m doubtful the prices predicted by the OP can happen in 2022 but wow, if we get even close to the prices mentioned some of us will be very rich. Like I said, I’m doubtful but would love to be wrong. I think this bull cycoe is over & we have to wait until after the next halving to see over $100,000. This is exactly what I am predicting to happen. We won't see us crossing $100k before the next halving.My current analysis: Halving 1: 8300% Up after First Halving - Took 335 Days 80% Down in 426 days Halving 2: 2300% Up after Second Halving - Took 487 Days 75% Down in 396 days Halving 3: 570% Up after Third Halving - Took 487 Days Prediction: 70% Down in 426 days https://i.imgur.com/rQXwzXp.png Title: Re: 2022 Elliott Wave Post by: coolcoinz on January 26, 2022, 02:36:43 PM https://www.newsbtc.com/wp-content/uploads/2020/08/bitcoin-btcusd-lengthening-cycles-860x422.png
If you count from the bull market lows, every consecutive cycle was longer. In the model above, if you count from the halving, the first cycle doesn't follow the pattern, you can clearly see that it was much shorter than the second one. There's completely no reason to estimate that if the first bottom was -75% and the second -70 the next one will be again lower by 5% it's a very far fetched prediction, pretty much like throwing the dice twice and scoring 6 on the first throw, 5 on the second, and putting the next bet on 4, because it's beginning to look like a pattern. While I agree that counting bars from the day of halving can give you some idea of what might happen next, expecting every correction to be at -5%, just because it happened once is completely random. Title: Re: 2022 Elliott Wave Post by: josegines on January 26, 2022, 11:00:46 PM https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png) Or do you see any new signs of where this [c] might end? >30000 30000 <30000 As for time, the end of PRIMARY [5] could be May-June/22? https://i.imgur.com/ECJMQ15.jpg On the other hand, what are the chances of seeing this triangle? https://i.imgur.com/1dt2dpV.jpg Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 08, 2022, 06:02:05 AM https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png) Or do you see any new signs of where this [c] might end? >30000 30000 <30000 As for time, the end of PRIMARY [5] could be May-June/22? https://i.imgur.com/ECJMQ15.jpg On the other hand, what are the chances of seeing this triangle? https://i.imgur.com/1dt2dpV.jpg Yes, a Triangle is possible, as described here: https://bitcointalk.org/index.php?topic=5379463.msg58964069#msg58964069 However, five impulsive waves up to new all-time highs would eliminate the Triangle scenario. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 08, 2022, 06:02:51 AM https://12345abcdewxyz.files.wordpress.com/2022/02/20220208-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220208-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/02/20220208-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220208-btcusd.png) Title: Re: 2022 Elliott Wave Post by: josegines on February 08, 2022, 09:46:09 AM https://12345abcdewxyz.files.wordpress.com/2022/02/20220208-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220208-btcusd.png) didn't think it was right that (b) could be above MINOR B In other words, it seems clear that the maximum was point (b) and from there the corrective wave would begin. Is it totally ruled out that this rise in recent days is a wave D and there is still a last wave E to end the correction? The low of January 24 was not accompanied by a large volume of capitulation, which could indicate that either it is not the definitive low, or we are in that great triangle that we have commented on. It's been almost a month since we've seen you update, we already missed you. :) https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/01/20220110-btcusd-1.png) Or do you see any new signs of where this [c] might end? >30000 30000 <30000 As for time, the end of PRIMARY [5] could be May-June/22? https://i.imgur.com/ECJMQ15.jpg On the other hand, what are the chances of seeing this triangle? https://i.imgur.com/1dt2dpV.jpg Yes, a Triangle is possible, as described here: https://bitcointalk.org/index.php?topic=5379463.msg58964069#msg58964069 However, five impulsive waves up to new all-time highs would eliminate the Triangle scenario. That's right, thanks for reminding me. Since wave-B exceeded the high of wave-A (i.e. an Irregular B-wave), albeit very trivially; here are the potential wave-4 pullback scenarios to consider, in order of elimination... 1. If wave-C fails to decline to the wave-A low, then either i. a bullish Running Flat; or, ii. a bullish Ascending Triangle. 2. If wave-C declines to the wave-A low, then a bullish Regular Flat. 3. If wave-C exceeds the wave-A low, then either i. a bullish Expanded Flat; or, ii. a bullish Expanding Triangle. Flat: https://i.ibb.co/C0NFQPD/EW-Flat.png Triangle: https://i.ibb.co/0y0ZZff/EW-Triangle.jpg Scenario 2 is the median of all scenarios, and hence is depicted on the charts for now. [moderator's note: consecutive posts merged] Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 08, 2022, 03:47:28 PM didn't think it was right that (b) could be above MINOR B In other words, it seems clear that the maximum was point (b) and from there the corrective wave would begin. Is it totally ruled out that this rise in recent days is a wave D and there is still a last wave E to end the correction? The low of January 24 was not accompanied by a large volume of capitulation, which could indicate that either it is not the definitive low, or we are in that great triangle that we have commented on. It's been almost a month since we've seen you update, we already missed you. :) Technically speaking, a wave-D of a possible Triangle cannot be ruled-out unless new all-time highs occur. Consider the following timescales... PRIMARY[5]→INTERMEDIATE(2) pullback was 261 days. PRIMARY[5]→INTERMEDIATE(4) pullback was 285 days (if now complete). PRIMARY[4] pullback was 364 days. Would not expect PRIMARY[5]→INTERMEDIATE(4) pullback to last longer than PRIMARY[4] pullback, and so must complete by mid-April 2022 if its a Triangle —fairly tight timelines and so a Triangle is probably unlikely. There was no potential trend change in Bitcoin over the last month, so had nothing to update..! :) Title: Re: 2022 Elliott Wave Post by: josegines on February 08, 2022, 07:15:06 PM Considering the flat pattern, I was referring to this, a new low, accompanied by a large volume of capitulation, probably below $30k. The idea is that we could then go looking for a new ATH, after we've cleared out a few longs.
Quote 3. If wave-C exceeds the wave-A low, then either i. a bullish Expanded Flat; or, ii. a bullish Expanding Triangle. https://i.imgur.com/rIR0Img.jpg Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 08, 2022, 09:42:09 PM Considering the flat pattern, I was referring to this, a new low, accompanied by a large volume of capitulation, probably below $30k. The idea is that we could then go looking for a new ATH, after we've cleared out a few longs. Quote 3. If wave-C exceeds the wave-A low, then either i. a bullish Expanded Flat; or, ii. a bullish Expanding Triangle. https://i.imgur.com/rIR0Img.jpg This scenario comes into play if price drops to the 03-FEB-2022 low, before five impulsive waves occur. At this moment, three/four waves appear: https://i.ibb.co/dJzmYJx/btcusd.png Title: Re: 2022 Elliott Wave Post by: josegines on February 10, 2022, 07:57:30 AM which Elliot's theory allows this?
I have always thought that the origin of a correction was necessarily the highest of all. https://i.imgur.com/alplQMS.jpg Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 10, 2022, 08:32:16 AM which Elliot's theory allows this? I have always thought that the origin of a correction was necessarily the highest of all. https://i.imgur.com/alplQMS.jpg It's an irregular B-wave. The topping process in 2021 created two irregular B-waves: https://i.ibb.co/vckfGsv/b-wave.png Waves can truncate or be irregular, and hence create orthodox or unorthodox tops and bottoms, see page 31: https://www.investmenttheory.org/uploads/3/4/8/2/34825752/elliott-wave-principle.pdf The entire structure; i.e. a short wave-A, an irregular wave-B, and long wave-C, is known as an Elongated Flat: https://blog.hycmlab.com/elliott-waves-other-flat-patterns/ Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 26, 2022, 09:53:47 PM https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-bncblx-1.png)
https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-btcusd-1.png) Title: Re: 2022 Elliott Wave Post by: ImThour on February 26, 2022, 10:07:21 PM https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-bncblx-1.png) Rule of Elliot Wave: the third wave cannot be shorter than wave one, three, and five.https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/02/20220226-btcusd-1.png) In this case, 3rd is shorter than 5th. What do you say? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 26, 2022, 10:22:51 PM Rule of Elliot Wave: the third wave cannot be shorter than wave one, three, and five. In this case, 3rd is shorter than 5th. What do you say? Rule: Wave 3 can't be the shortest in terms of points; therefore... —if Wave 1 is the largest, then Wave 3 must be larger than Wave 5; or, —if Wave 5 is the largest, then Wave 3 must be larger than Wave 1. https://i.ibb.co/t2b1bd7/ew.gif Title: Re: 2022 Elliott Wave Post by: drays on February 27, 2022, 06:56:26 PM Rule: Wave 3 can't be the shortest in terms of points; therefore... "in terms of points" means "in terms of of percentage gain", right? So suppose the time is not a factor here. Do I understand it correctly? One other question, if you don't mind... https://elliottwaveplus.com/guide-2-wave-notes-an-outline-of-the-wave-principle/ says regarding extension of impulsive waves: Quote Extension: in impulses, usually just one of waves 1, 3 or 5 extend. Wave 3 is the most likely to extend. Rarely, both 3 and 5 extend. Extensions can occur within extensions. For instance 3 of 3. Sometimes, at the end of an impulse in which one of the waves extended, there are 9 total waves, and it is difficult to determine which wave extended. There also can be extensions within extensions. 5 in extension manifests itself as 9, 13, 17, etc. 3 in extension can appear as a 7, 11, 15, etc. If neither wave 1 or 3 is extended, expect wave 5 to extend, especially if volume is greater in the 5th than the 3rd. I am unsure here - was any of the major waves extended up to this point (wave 1 or 3)? Thanks for your time and for sharing your knowledge. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on February 27, 2022, 10:24:05 PM Rule: Wave 3 can't be the shortest in terms of points; therefore... "in terms of points" means "in terms of of percentage gain", right? So suppose the time is not a factor here. Do I understand it correctly? One other question, if you don't mind... https://elliottwaveplus.com/guide-2-wave-notes-an-outline-of-the-wave-principle/ says regarding extension of impulsive waves: Quote Extension: in impulses, usually just one of waves 1, 3 or 5 extend. Wave 3 is the most likely to extend. Rarely, both 3 and 5 extend. Extensions can occur within extensions. For instance 3 of 3. Sometimes, at the end of an impulse in which one of the waves extended, there are 9 total waves, and it is difficult to determine which wave extended. There also can be extensions within extensions. 5 in extension manifests itself as 9, 13, 17, etc. 3 in extension can appear as a 7, 11, 15, etc. If neither wave 1 or 3 is extended, expect wave 5 to extend, especially if volume is greater in the 5th than the 3rd. I am unsure here - was any of the major waves extended up to this point (wave 1 or 3)? Thanks for your time and for sharing your knowledge. Waves are measured in number of points, not percentages. These are two very different measurements. On log charts, percentages can actually be larger than points. However, the waves are measured in terms of points. Code: PRIMARY[1] (2010-2013) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on March 28, 2022, 07:47:45 PM https://12345abcdewxyz.files.wordpress.com/2022/03/20220328-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/03/20220328-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/03/20220328-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/03/20220328-btcusd-1.png) Title: Re: 2022 Elliott Wave Post by: josegines on March 28, 2022, 09:03:57 PM Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on March 28, 2022, 09:16:07 PM ATH in 2023? https://i.imgur.com/lNzxBl8.png PRIMARY degree bull markets in Bitcoin have so far topped in December or thereabouts, so expecting the current bull market to do the same, but just guesswork... Code: PRIMARY[1] bull market: 30-NOV-2013 Code: PRIMARY[2] bear market: 14-JAN-2015 Both bull & bear markets of PRIMARY degree tend to start & end around December. Title: Re: 2022 Elliott Wave Post by: josegines on March 29, 2022, 12:43:44 PM ATH in 2023? https://i.imgur.com/lNzxBl8.png PRIMARY degree bull markets in Bitcoin have so far topped in December or thereabouts, so expecting the current bull market to do the same, but just guesswork... Code: PRIMARY[1] bull market: 30-NOV-2013 Code: PRIMARY[2] bear market: 14-JAN-2015 Both bull & bear markets of PRIMARY degree tend to start & end around December. yes, but the rallies usually last about two months, that means, that if we are already in a rally, we could have a new ATH for May-June, and end of the rise. We won't really know until it happens, however, the steeper the climb, the more likely it will be the last climb, and chances are it will end in May-June. Correct, in 2013 it was 2 months, but in 2017 it was more. Who knows how it will be now, if we break maximums. Simply in May-June a cycle appears (281 days), which can be maximum or minimum. But cycles change. https://i.imgur.com/79863PW.jpg Title: Re: 2022 Elliott Wave Post by: bill gator on March 29, 2022, 12:57:56 PM One of our users did a great write-up that has gone largely unnoticed on the subject.
The thread can be found here: https://bitcointalk.org/index.php?topic=5274213.0 , by Husires, in case anybody would like a little overview/education on the concept. I find that these predictive models always breakdown at a certain point, but more power to you if you're able to successfully predict the markets using it. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on March 29, 2022, 02:58:28 PM yes, but the rallies usually last about two months, that means, that if we are already in a rally, we could have a new ATH for May-June, and end of the rise. We won't really know until it happens, however, the steeper the climb, the more likely it will be the last climb, and chances are it will end in May-June. Correct, in 2013 it was 2 months, but in 2017 it was more. Who knows how it will be now, if we break maximums. Simply in May-June a cycle appears (281 days), which can be maximum or minimum. But cycles change. The PRIMARY degree bull markets in regard to time have been as follows: Code: PRIMARY[1]: The 1st bull market wave 2010-2013 (1148 days) PRIMARY[5] is already the longest bull market in the cycle in regard to time, and if it completes by 31-DEC-2022, it will have elapsed 1482 days. Title: Re: 2022 Elliott Wave Post by: tygeade on March 30, 2022, 08:25:41 AM the rallies usually last about two months, The crashes happen in a few days though, they stay for months but they happen quickly. It is usually like 100 bucks to 200 bucks in 2 months, then back to 100 bucks in 2 days, stay at 100 bucks for the other 58 days, then again to 200 bucks in 2 months. So, when the crash happens it happens very quickly and then it stays there because people are afraid to buy back.that means, that if we are already in a rally, we could have a new ATH for May-June, and end of the rise. We won't really know until it happens, however, the steeper the climb, the more likely it will be the last climb, and chances are it will end in May-June. Correct, in 2013 it was 2 months, but in 2017 it was more. Who knows how it will be now, if we break maximums. Simply in May-June a cycle appears (281 days), which can be maximum or minimum. But cycles change. This means that either we are going to go high for 2 more months and reach maybe even a new ATH who knows? Or maybe we could drop to a lower and lower level and be a lot worse than we should, maybe even under 35k levels again. I am not sure which one will happen, but that is usually the path we take. Title: Re: 2022 Elliott Wave Post by: SoniBTC on April 10, 2022, 11:04:18 AM the authors of these charts note waves and cycles, as if a person has the same length of arms and legs, think about it
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on April 19, 2022, 02:31:19 PM https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-bncblx-1.png)
https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-btcusd.png) Title: Re: 2022 Elliott Wave Post by: SoniBTC on April 22, 2022, 02:45:09 PM https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-bncblx-1.png) https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/04/20220419-btcusd.png) https://i.imgur.com/tf3uBCl.png (https://i.imgur.com/tf3uBCl.png) u have completely wrong corrective wave Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on April 22, 2022, 02:56:02 PM https://i.imgur.com/tf3uBCl.png][img]https://i.imgur.com/tf3uBCl.png u have completely wrong corrective wave Counting the Flat correction from MAR-2021 to JAN-2022 as a Double Three, which may be labelled as W-X-Y waves: https://i.ibb.co/LC67MPw/wxy.png Title: Re: 2022 Elliott Wave Post by: SoniBTC on April 22, 2022, 04:11:21 PM https://i.imgur.com/tf3uBCl.png][img]https://i.imgur.com/tf3uBCl.png u have completely wrong corrective wave Counting the Flat correction from MAR-2021 to JAN-2022 as a Double Three, which may be labelled as W-X-Y waves: https://i.ibb.co/LC67MPw/wxy.png you are moving away from the classic version to an innovation, your corrective waves are all wrong, the 2nd wave is more than 4, the 1st and 3rd waves are almost the same, which is also wrong, everything you noted is similar to an innovation, and far from the classic version, initially you need follow the standard option, only then switch to another if it does not work Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on April 22, 2022, 05:08:20 PM https://i.imgur.com/tf3uBCl.png][img]https://i.imgur.com/tf3uBCl.png u have completely wrong corrective wave Counting the Flat correction from MAR-2021 to JAN-2022 as a Double Three, which may be labelled as W-X-Y waves: https://i.ibb.co/LC67MPw/wxy.png you are moving away from the classic version to an innovation, your corrective waves are all wrong, the 2nd wave is more than 4, the 1st and 3rd waves are almost the same, which is also wrong, everything you noted is similar to an innovation, and far from the classic version, initially you need follow the standard option, only then switch to another if it does not work No "classic" or "innovation" interpretations have been used; all Elliott Wave analysis has been based on the following book... Elliott Wave Principle - Key to Market Behavior by Robert R Prechter Jr and A.J. Frost https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html (https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html) —Page 53 illustrates the Double Three W-X-Y structure The current bull market which started at the low of 2019 has had two corrections so far: Wave-2 pullback was a 3-3-5 Zig Zag and Wave-4 pullback a 3-3-3 Running Flat. This portrays the "rule of alternation" and both corrections have been almost equal in time: https://i.ibb.co/174CNWn/20220422-BTCUSD.png Title: Re: 2022 Elliott Wave Post by: sparkl3t on April 24, 2022, 03:10:59 PM Certainly the labelling is not appropriate
MINOR A of INTERMEDIATE(4), then labelled as W: [c] can't be into an (a) (b) (c) Still possible to make a W for that wave, but not like that. BTW, what do you think about this hypothesis? https://ibb.co/F02XdLL Consider that a running flat (for what I observed in BTC) has usually a fast "restart", 3 months from the end of Jan, same as your wave Y, seems too long to me. I know this is not a written in stone rule for the standard theory, but I would still take it into consideration. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on April 24, 2022, 04:31:38 PM Certainly the labelling is not appropriate MINOR A of INTERMEDIATE(4), then labelled as W: [c] can't be into an (a) (b) (c) Still possible to make a W for that wave, but not like that. BTW, what do you think about this hypothesis? https://ibb.co/F02XdLL Consider that a running flat (for what I observed in BTC) has usually a fast "restart", 3 months from the end of Jan, same as your wave Y, seems too long to me. I know this is not a written in stone rule for the standard theory, but I would still take it into consideration. As per Page 53 of the following reference... Elliott Wave Principle - Key to Market Behavior by Robert R Prechter Jr and A.J. Frost https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html (https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html) —A-B-C Flat is a 3-3-5 structure. —W-X-Y Flat is a 3-3-3 structure. Technically speaking, in an A-B-C structure, only the final fifth within the wave-C is required to be five waves; i.e. A(a-b-c) B(a-b-c) C(1-2-3-4-5) OR C(a-b-c(1-2-3-4-5)) Thus far, it appears the correction from JAN-2021 to MAR-2022 is 3-3-3 structure; and hence can still be considered as an A-B-C —just nomenclature. Consider the following timescales... PRIMARY[5]→INTERMEDIATE(2) pullback was 261 days. PRIMARY[5]→INTERMEDIATE(4) pullback was 285 days (if now complete). PRIMARY[4] pullback was 364 days. Would not expect PRIMARY[5]→INTERMEDIATE(4) pullback to last longer than PRIMARY[4] pullback, and so ought to complete by mid-April 2022; and hence would not expect an ongoing sideways correction. Title: Re: 2022 Elliott Wave Post by: sparkl3t on April 24, 2022, 06:44:43 PM As per Page 53 of the following reference... Elliott Wave Principle - Key to Market Behavior by Robert R Prechter Jr and A.J. Frost https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html (https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html) —A-B-C Flat is a 3-3-5 structure. —W-X-Y Flat is a 3-3-3 structure. Ok, you missed W-X-Y could also be a 3-3-5, with Y triangle Technically speaking, in an A-B-C structure, only the final fifth within the wave-C is required to be five waves; i.e. A(a-b-c) B(a-b-c) C(1-2-3-4-5) OR C(a-b-c(1-2-3-4-5)) and hence can still be considered as an A-B-C —just nomenclature. No mate, not "just nomenclature", this is crucial. A wave C can't be in 3, only Y (as 2nd impulse of a structure) can be in 3, at the same way as 1/3/5 waves can't be in 3. W/X/Y = a-b-c/a-b-c/a-b-c OR a-b-c/a-b-c/a-b-c-d-e OR a-b-c/w-x-y/a-b-c OR a-b-c/w-x-y/a-b-c-d-e. That's all. A/B/C = a-b-c/a-b-c/1-2-3-4-5 OR w-x-y/a-b-c/1-2-3-4-5 OR w-x-y/w-x-y/1-2-3-4-5. Final 1-2-3-4-5 can be changed with a-b-c-d-e. That's all. Did you read in the book a C wave can be in a-b-c? Thus far, it appears the correction from JAN-2021 to MAR-2022 is 3-3-3 structure; ???I mean this https://ibb.co/1ZzG3M4 You see this part as a 3-3-3, waves here can be named only w-x-y (double three). Unless you can find a way of counting a 3-3-5, than it would be ok for an a-b-c (also w-x-y, if y triangle). Assuming this part is a 3-3-3=w-x-y (= A only, not W), after a following B we need a 5 wave pattern. But the second impulse 20 Oct '21 to 24 Jan '22 is counted in 3. There is something wrong here. Consider the following timescales... PRIMARY[5]→INTERMEDIATE(2) pullback was 261 days. PRIMARY[5]→INTERMEDIATE(4) pullback was 285 days (if now complete). PRIMARY[4] pullback was 364 days. Would not expect PRIMARY[5]→INTERMEDIATE(4) pullback to last longer than PRIMARY[4] pullback, and so ought to complete by mid-April 2022; and hence would not expect an ongoing sideways correction. Previously you said: Quote The Elliott Wave model and projections are indicative of price & structure, not time. Indeed we don't have fixed laws for the time variable (e.g. "a 3 wave can't be the smallest" is a fixed law), time is quite an "accomodating" concept in the theory. Being 2 an 4 equal in time is not eligible to be a good sign of correct labelling, in my opinion. See page 230, 217 (II and IV of (III))... However I think there is something, probably related to the "right look" concept. But that's another story. Thanks for your efforts and sharing your interpretation :) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on April 24, 2022, 07:28:24 PM As per Page 53 of the following reference... Elliott Wave Principle - Key to Market Behavior by Robert R Prechter Jr and A.J. Frost https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html (https://cupdf.com/document/elliott-wave-principle-key-to-market-behavior-by-frost-and-prechter.html) —A-B-C Flat is a 3-3-5 structure. —W-X-Y Flat is a 3-3-3 structure. Ok, you missed W-X-Y could also be a 3-3-5, with Y triangle Technically speaking, in an A-B-C structure, only the final fifth within the wave-C is required to be five waves; i.e. A(a-b-c) B(a-b-c) C(1-2-3-4-5) OR C(a-b-c(1-2-3-4-5)) and hence can still be considered as an A-B-C —just nomenclature. No mate, not "just nomenclature", this is crucial. A wave C can't be in 3, only Y (as 2nd impulse of a structure) can be in 3, at the same way as 1/3/5 waves can't be in 3. W/X/Y = a-b-c/a-b-c/a-b-c OR a-b-c/a-b-c/a-b-c-d-e OR a-b-c/w-x-y/a-b-c OR a-b-c/w-x-y/a-b-c-d-e. That's all. A/B/C = a-b-c/a-b-c/1-2-3-4-5 OR w-x-y/a-b-c/1-2-3-4-5 OR w-x-y/w-x-y/1-2-3-4-5. Final 1-2-3-4-5 can be changed with a-b-c-d-e. That's all. Did you read in the book a C wave can be in a-b-c? Thus far, it appears the correction from JAN-2021 to MAR-2022 is 3-3-3 structure; ???I mean this https://ibb.co/1ZzG3M4 You see this part as a 3-3-3, waves here can be named only w-x-y (double three). Unless you can find a way of counting a 3-3-5, than it would be ok for an a-b-c (also w-x-y, if y triangle). Assuming this part is a 3-3-3=w-x-y (= A only, not W), after a following B we need a 5 wave pattern. But the second impulse 20 Oct '21 to 24 Jan '22 is counted in 3. There is something wrong here. Consider the following timescales... PRIMARY[5]→INTERMEDIATE(2) pullback was 261 days. PRIMARY[5]→INTERMEDIATE(4) pullback was 285 days (if now complete). PRIMARY[4] pullback was 364 days. Would not expect PRIMARY[5]→INTERMEDIATE(4) pullback to last longer than PRIMARY[4] pullback, and so ought to complete by mid-April 2022; and hence would not expect an ongoing sideways correction. Previously you said: Quote The Elliott Wave model and projections are indicative of price & structure, not time. Indeed we don't have fixed laws for the time variable (e.g. "a 3 wave can't be the smallest" is a fixed law), time is quite an "accomodating" concept in the theory. Being 2 an 4 equal in time is not eligible to be a good sign of correct labelling, in my opinion. See page 230, 217 (II and IV of (III))... However I think there is something, probably related to the "right look" concept. But that's another story. Thanks for your efforts and sharing your interpretation :) See sections 5.2 and 5.3 of the following: https://phantran.net/elliott-wave-theory-ewt/ The sideways move from APR-2021 to JAN-2022 is simply considered as a W-X-Y (a 3-3-3 Flat structure), called a Double. It does not require to be followed by another combinatory structure (i.e. making it a Triple), or be followed by a Triangle. In regard to a A-B-C structure, only the final fifth within the wave-C is required to be five waves; i.e. A(a-b-c) B(a-b-c) C(1-2-3-4-5) OR C(a-b-c(1-2-3-4-5)) If the latter option of C unfolds, then the structure may be considered as W-X-Y instead. This is commonly unknown, and usually occurs in commodity and forex markets. Can't recall where this was exactly discussed, but following reference may assist... R.N. Elliott's Masterworks: The Definitive Collection https://www.elliottwave.com/Book/RN-Elliotts-Masterworks In regard to your illustration (i.e. https://ibb.co/1ZzG3M4): The entire structure; i.e. a short wave-A, an irregular wave-B, and long wave-C, is known as an Elongated Flat (see https://blog.hycmlab.com/elliott-waves-other-flat-patterns/). In regard to metrics, the relationship is a perfect (C = A * 2.618) Fibonacci extension: https://i.ibb.co/LPXXBzy/elongatedflat.png In regard to the projections provided and speculated upon, indeed the illustrations portray structure and not time. Would not expect a lower degree correction to elapse longer in time than a higher degree correction. Hence would expect the sideways Flat correction from APR-2021 to JAN-2022 to have already completed, unless of course another scenario is underway. Title: Re: 2022 Elliott Wave Post by: sparkl3t on April 25, 2022, 02:56:42 PM See sections 5.2 and 5.3 of the following: https://phantran.net/elliott-wave-theory-ewt/ The sideways move from APR-2021 to JAN-2022 is simply considered as a W-X-Y (a 3-3-3 Flat structure), called a Double. It does not require to be followed by another combinatory structure (i.e. making it a Triple), or be followed by a Triangle. Got it, W until June 2021. A W is an a-b-c structure. In regard to a A-B-C structure, only the final fifth within the wave-C is required to be five waves; i.e. A(a-b-c) B(a-b-c) C(1-2-3-4-5) OR C(a-b-c(1-2-3-4-5)) If the latter option of C unfolds, then the structure may be considered as W-X-Y instead. This is commonly unknown, and usually occurs in commodity and forex markets. Can't recall where this was exactly discussed, but following reference may assist... Wrong, there are no hybrid structures like ABY or WXC. W and Y are complexes, A and C are not. Wave C is only impulse (5 waves) or diagonal, unless in a triangle but this is not the case. It's clearly written in the book, please check page 89. Counting a C in 3 is going against the rules. You count that W as a flat, so C should have 5 waves and no other options are allowed. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on April 25, 2022, 04:31:15 PM See sections 5.2 and 5.3 of the following: https://phantran.net/elliott-wave-theory-ewt/ The sideways move from APR-2021 to JAN-2022 is simply considered as a W-X-Y (a 3-3-3 Flat structure), called a Double. It does not require to be followed by another combinatory structure (i.e. making it a Triple), or be followed by a Triangle. Got it, W until June 2021. A W is an a-b-c structure. In regard to a A-B-C structure, only the final fifth within the wave-C is required to be five waves; i.e. A(a-b-c) B(a-b-c) C(1-2-3-4-5) OR C(a-b-c(1-2-3-4-5)) If the latter option of C unfolds, then the structure may be considered as W-X-Y instead. This is commonly unknown, and usually occurs in commodity and forex markets. Can't recall where this was exactly discussed, but following reference may assist... Wrong, there are no hybrid structures like ABY or WXC. W and Y are complexes, A and C are not. Wave C is only impulse (5 waves) or diagonal, unless in a triangle but this is not the case. It's clearly written in the book, please check page 89. Counting a C in 3 is going against the rules. You count that W as a flat, so C should have 5 waves and no other options are allowed. The rules which are in discussion here are based on the Elliott Wave principle as interpreted by Robert Prechter and A.J. Frost. However, in the original writings of Ralph Nelson Elliott, here are examples of commonly unknown observations and nuances... —Parts of a wave-4 can actually overlap a wave-1, but the final leg of the wave-4 (i.e. wave-c in a Flat/Zigzag or wave-E in a Triangle) must not. —Commonly in commodity and forex markets (perhaps crypto markets too?), a wave-4 wick can overlap a wave-1 wick, but candle bodies must not. —In a Leading Diagonal or Ending Diagonal, wave-3 can actually be the shortest. —In a Leading Diagonal or Ending Diagonal, wave-4 isn't required to overlap wave-1. —In a Flat/ZigZag the final wave-C can actually be a three wave structure, but in this case, the final wave in wave-C must be five waves, and the overall structure labelled as a W-X-Y or A-B-C. The above are such examples which are considered as blasphemy rule-breakers and are not discussed in the interpretations of Robert Prechter and A.J. Frost. However, are discussed in the early works and original writings of Ralph Nelson Elliott, and often observed in 24hr markets like forex and commodities, and by extension perhaps crypto markets too. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 10, 2022, 04:53:40 AM https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-btcusd.png) Title: Re: 2022 Elliott Wave Post by: ImThour on May 10, 2022, 06:05:36 AM What's the point of changing the chart everyday? Last post says Uptrend starts from $42k and now this post says the price to come to 0.618 i.e. $25k.
This ain't Elliot if you changing it every month lol. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 10, 2022, 06:37:39 AM What's the point of changing the chart everyday? Last post says Uptrend starts from $42k and now this post says the price to come to 0.618 i.e. $25k. This ain't Elliot if you changing it every month lol. Impossible to predict the future entirely. If one could, then there would be no free will..! No forecast is omnipotent, omniscient and omnipresent. As new data arrives and events unfold, the situation is required to be reassessed and revised. Elliott Wave provides potentialities based on current and historical metrics. And based on those metrics, the most probable scenarios are anticipated within a theory of rules. A roadmap is devised, but the route and journey can take many twists & turns, be delayed or hurried. And of course, one's interpretation of the theory of rules could be flawed. The current long-term anticipation is expecting the bull market to resume imminently, unfold in five waves, and perhaps conclude by 2023, with a price target of either $136K, $220K or $380K. As and when the waves develop, either extend or truncate, revisions are required. The current short-term anticipation is expecting the market to have already bottomed around $30K, or decline further to $28K or $25K zones —all based on Fibonacci derivations as illustrated on the second chart. Sub $25K starts to require a reassessment of the entire long-term roadmap. Title: Re: 2022 Elliott Wave Post by: drays on May 10, 2022, 03:35:12 PM @xxxx123abcxxxx: do you see any valid EW count where APR-2021 (or NOV 2021) could be the top of the PRIMARY[5] wave?
If it does exist, do you think it is less probable than the count you are considering currently? Thank you for your time and input. Title: Re: 2022 Elliott Wave Post by: Marrianadmii on May 10, 2022, 06:18:26 PM What's the point of changing the chart everyday? Last post says Uptrend starts from $42k and now this post says the price to come to 0.618 i.e. $25k. If you check Bitcoin chart on CME there is a huge gap to be filled between 24/25k. So going down very quickly I mean a scam wick to that level then back up again to start the uptrendThis ain't Elliot if you changing it every month lol. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 10, 2022, 06:59:21 PM @xxxx123abcxxxx: do you see a viable EW count where APR-2021 (or NOV 2021) could be considered the top of the PRIMARY[5] wave? If it does exist, do you think it is less probable than the count you are considering currently? Thanks for your input. The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40... https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png) https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-gbtc-2.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-gbtc-2.png) Title: Re: 2022 Elliott Wave Post by: Marrianadmii on May 10, 2022, 09:39:21 PM @xxxx123abcxxxx: do you see a viable EW count where APR-2021 (or NOV 2021) could be considered the top of the PRIMARY[5] wave? If it does exist, do you think it is less probable than the count you are considering currently? Thanks for your input. The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40... https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png) https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-gbtc-2.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-gbtc-2.png) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 10, 2022, 10:22:17 PM I would like you to analyze the total crypto marketcap better than looking only at btc. If you check the Total cap chart it's so obvious that the first wave starts in 2015 at around 4 billions and for this reason the end of the first cycle wave 1 will end around 2026 with market cap around 33 trillions. Sorry I can't post charts to show you Actually, the Total Crypto Marketcap chart may suggest the doomsday Elliott Wave count. The final fifth wave (JUN-2021 to NOV-2021) clearly unfolded in a 1-2-3-4-5 impulsive structure which isn't so apparent or present on BTC/GBTC charts... Total Crypto Marketcap: https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-total.png Title: Re: 2022 Elliott Wave Post by: josegines on May 12, 2022, 03:38:50 PM @xxxx123abcxxxx: do you see a viable EW count where APR-2021 (or NOV 2021) could be considered the top of the PRIMARY[5] wave? If it does exist, do you think it is less probable than the count you are considering currently? Thanks for your input. The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40... [ why do you draw CICLE II for $1700, when in another post you talked about -90%, what is +7000$? https://bitcointalk.org/index.php?topic=5379463.msg58906541#msg58906541 Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 12, 2022, 04:00:14 PM why do you draw CICLE II for $1700, when in another post you talked about -90%, what is +7000$? https://bitcointalk.org/index.php?topic=5379463.msg58906541#msg58906541 In the Elliott Wave model, a complete market cycle sees a higher degree Wave-2 retrace back to the prior lower degree Wave-4, see here: https://i.ibb.co/7bsCnph/ew.png In regards to Bitcoin, the prior degree Wave-4 is PRIMARY[4] low around $3100. Also, the Fibonacci 23.6% retracement of the entire cycle is around $1680. Title: Re: 2022 Elliott Wave Post by: CookieFactory on May 16, 2022, 05:04:17 PM Seems like this week will be an inflection point in traditional markets and as it were, transitively for Bitcoin. I personally believe there will be a trend reversal and am targeting 4200 (+/- 50) on the S&P by EOD Friday. Let's see.
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 16, 2022, 05:16:09 PM Seems like this week will be an inflection point in traditional markets and as it were, transitively for Bitcoin. I personally believe there will be a trend reversal and am targeting 4200 (+/- 50) on the S&P by EOD Friday. Let's see. Yes, it does appear that the equity indices may have bottomed; latest Elliott Wave counts here: https://12345abcdewxyz.wordpress.com/2022/05/14/2022-may-14/ Title: Re: 2022 Elliott Wave Post by: CookieFactory on May 16, 2022, 09:07:34 PM Seems like this week will be an inflection point in traditional markets and as it were, transitively for Bitcoin. I personally believe there will be a trend reversal and am targeting 4200 (+/- 50) on the S&P by EOD Friday. Let's see. Yes, it does appear that the equity indices may have bottomed; latest Elliott Wave counts here: https://12345abcdewxyz.wordpress.com/2022/05/14/2022-may-14/ Ah interesting indeed. My (wholly unscientific) pulse on investor sentiment and expectations are that some ~45% believe we'll see a bear market rally (aka dead cat bounce / bull trap) followed by new lows, 45% think we're going directly to new lows, and ~10% expect a trend reversal eventually onto new highs. From your EW count it seems you are part of this 3rd (highly contrarian) group - is that accurate? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 16, 2022, 09:37:24 PM Ah interesting indeed. My (wholly unscientific) pulse on investor sentiment and expectations are that some ~45% believe we'll see a bear market rally (aka dead cat bounce / bull trap) followed by new lows, 45% think we're going directly to new lows, and ~10% expect a trend reversal eventually onto new highs. From your EW count it seems you are part of this 3rd (highly contrarian) group - is that accurate? Yes correct, currently expecting the equity indices to resume the bull market and head towards all-time highs by the US elections in Nov, perhaps sooner. Will revise and reconsider expectations if the S&P500 declines to 3500 zone. Title: Re: 2022 Elliott Wave Post by: MinMan on May 19, 2022, 08:58:52 AM Thankfully it didn't reach that 25k levels, nor anything under as far as I have seen anywhere. I know it is not a terrible deal if it reached there, but it is certainly not ideal to be there neither. Which is why I do not think that all those "doomsday" scenarios will not happen.
We already see a shot back above 30k very easily, didn't take long to do that, and I am not guessing anything marginal will happen neither, it will be quite boring to be fair. It will just slowly go back to 40k from here, or at least that's what I hope. With all the movements in the last days, with the prices hitting back to great levels, what does elliot wave say about the future? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 19, 2022, 10:31:58 AM Thankfully it didn't reach that 25k levels, nor anything under as far as I have seen anywhere. I know it is not a terrible deal if it reached there, but it is certainly not ideal to be there neither. Which is why I do not think that all those "doomsday" scenarios will not happen. We already see a shot back above 30k very easily, didn't take long to do that, and I am not guessing anything marginal will happen neither, it will be quite boring to be fair. It will just slowly go back to 40k from here, or at least that's what I hope. With all the movements in the last days, with the prices hitting back to great levels, what does elliot wave say about the future? The current short-term expectation is the market may have already bottomed around $30K, or may revisit the $30K zone again as a double-bottom, or decline further to $28K or $25K zones. Sub $25K starts to require a reassessment of the entire long-term roadmap. The most optimistic short-term Elliott Wave count at the moment would be as follows: https://i.ibb.co/4fRzPHJ/btc.png Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 30, 2022, 12:06:58 PM https://12345abcdewxyz.files.wordpress.com/2022/05/20220530-ethusd.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220530-ethusd.png)
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on May 30, 2022, 05:43:30 PM https://12345abcdewxyz.files.wordpress.com/2022/05/20220530-gold-1.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220530-gold-1.png)
Title: Re: 2022 Elliott Wave Post by: CookieFactory on June 02, 2022, 07:47:07 PM Very interesting outlook on gold. Curious if you have a corresponding fundamentals thesis or is this strictly based on wave counts? Thanks.
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on June 02, 2022, 09:03:39 PM Very interesting outlook on gold. Curious if you have a corresponding fundamentals thesis or is this strictly based on wave counts? Thanks. Gold is strongly influenced by monetary policy... 1970-1980: USA abandoned gold standard, 1970s Great Inflation driven by a large increase in money supply, the first real gold secular bull market of the 20th century, equities bear market. 1980-2000: Period of increasing interest rates, decrease in money supply, equities bull market, gold secular bear market. 2000-2022: Dotcom Crash, 9/11, Great Financial Crises, COVID-19. Period of decreasing interest rates and QE, increase in money supply, equities bear market, gold secular bull market. 2022-20XX: Period of increasing interest rates and QT, decrease in money supply, equities bull market, gold secular bear market. Elliott Wave... 1980-2000: 'Zigzag' structure bear market 2011-20XX: 'Flat' structure bear market Title: Re: 2022 Elliott Wave Post by: SoniBTC on June 14, 2022, 12:57:16 PM the authors of these charts note waves and cycles, as if a person has the same length of arms and legs, think about it just read it again Title: Re: 2022 Elliott Wave Post by: josegines on June 16, 2022, 10:56:23 AM Simply in May-June a cycle appears (281 days), which can be maximum or minimum. But cycles change. https://i.imgur.com/79863PW.jpg Sorry for the off topic. Just a little update. Finally it was Bottom, impossible to know if the next one, marked within a year, will be ATH or not. https://i.imgur.com/nFlr9sw.jpg Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on June 16, 2022, 11:10:40 AM Bitcoin upcoming Fibonacci-derived support zones...
https://12345abcdewxyz.files.wordpress.com/2022/06/20220616_btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/06/20220616_btcusd.png) Title: Re: 2022 Elliott Wave Post by: josegines on June 16, 2022, 12:21:19 PM Bitcoin upcoming Fibonacci-derived support zones... Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction? Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on June 16, 2022, 12:25:11 PM Bitcoin upcoming Fibonacci-derived support zones... Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction?Title: Re: 2022 Elliott Wave Post by: josegines on June 16, 2022, 12:35:19 PM Bitcoin upcoming Fibonacci-derived support zones... Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction?you mean your count, in which it seems that there is only one possible option, that of irregular correction from the maximum of 3. Not only do I see a zig-zag since Nov/21, but ETH made a failure of 5th on the same date, and is doing the same zig-zag. Of course, I warn that I am no specialist. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on June 16, 2022, 12:55:35 PM you mean your count, in which it seems that there is only one possible option, that of irregular correction from the maximum of 3. Not only do I see a zig-zag since Nov/21, but ETH made a failure of 5th on the same date, and is doing the same zig-zag. Of course, I warn that I am no specialist. Current EW interpretation of Ethereum —personally not a specialist either! https://12345abcdewxyz.files.wordpress.com/2022/06/20220616_ethusd.png Title: Re: 2022 Elliott Wave Post by: SoniBTC on July 01, 2022, 06:01:50 PM Bitcoin upcoming Fibonacci-derived support zones... Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction?you mean your count, in which it seems that there is only one possible option, that of irregular correction from the maximum of 3. Not only do I see a zig-zag since Nov/21, but ETH made a failure of 5th on the same date, and is doing the same zig-zag. Of course, I warn that I am no specialist. no one sees that the 3rd wave has ended, because they did not understand the essence of the waves Title: Re: 2022 Elliott Wave Post by: josegines on July 01, 2022, 10:17:50 PM Bitcoin upcoming Fibonacci-derived support zones... Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction?you mean your count, in which it seems that there is only one possible option, that of irregular correction from the maximum of 3. Not only do I see a zig-zag since Nov/21, but ETH made a failure of 5th on the same date, and is doing the same zig-zag. Of course, I warn that I am no specialist. no one sees that the 3rd wave has ended, because they did not understand the essence of the waves I don't know which third wave you mean, is it the impulse wave or the correction wave? Title: Re: 2022 Elliott Wave Post by: josegines on July 01, 2022, 10:20:35 PM what happened to this scenario? you commented that it would activate below 25k$
Would we be in CYCLE II? The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40... https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on July 02, 2022, 11:30:58 AM what happened to this scenario? you commented that it would activate below 25k$ Would we be in CYCLE II? The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40... (https://12345abcdewxyz.files.wordpress.com/2022/05/20220510-bncblx-1.png) Yes, it is now possible that CYCLE II bear market is underway, and price is heading back to the DEC-2018 low (i.e. around 3K or lower). A decline below the JUN-2019 high (i.e. sub 14K) ought to provide confirmation. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on July 02, 2022, 11:31:38 AM https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bear.png (https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bear.png)
https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bull.png (https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bull.png) Title: Re: 2022 Elliott Wave Post by: laredo7mm on July 02, 2022, 12:36:49 PM From my experience, I can say these indicators can not give an accurate signal for crypto markets. Those may work for forex or stock but for crypto most of them are inaccurate. Even the most popular indicator like SMA, and RSI signals won't work most of the time. In RSI indicators BTC market is in an oversold position for longer than expected and still, the price keeps falling.
Title: Re: 2022 Elliott Wave Post by: Marrianadmii on July 02, 2022, 01:38:14 PM https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bear.png (https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bear.png) What I think is that btc is forming megaphone pattern. So bottom this year 17k then ath end of 2022 at around 75k then real crash sub 10k. After that bull startshttps://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bull.png (https://12345abcdewxyz.files.wordpress.com/2022/07/20220702-btcusd_bull.png) https://ibb.co/mHTB40k Title: Re: 2022 Elliott Wave Post by: SoniBTC on July 02, 2022, 05:57:55 PM From my experience, I can say these indicators can not give an accurate signal for crypto markets. Those may work for forex or stock but for crypto most of them are inaccurate. Even the most popular indicator like SMA, and RSI signals won't work most of the time. In RSI indicators BTC market is in an oversold position for longer than expected and still, the price keeps falling. bullshit, the indicators themselves have never worked, they are only used to confirm other global analyzes Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on July 28, 2022, 06:15:57 PM https://12345abcdewxyz.files.wordpress.com/2022/07/20220728-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/07/20220728-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/07/20220728-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/07/20220728-btcusd.png) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on September 11, 2022, 12:27:00 AM https://12345abcdewxyz.files.wordpress.com/2022/09/20220910-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/09/20220910-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/09/20220910-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/09/20220910-btcusd.png) Title: Re: 2022 Elliott Wave Post by: dragonvslinux on September 11, 2022, 12:40:55 AM This is proper "breaking the 4-year cycle style analysis", but I like it, despite lack of interest in Elliot Waves. I already feel like the 4-year cycle is breaking from a few different perspectives based on price as well as fundamental analysis. I'm not convinced by some $200K price target for next year, but starting to realise how price could reach around $75K to $80K before correcting back down into the consolidation zone around $30K to $40K for another bull trap, rather than simply a somewhat predictable lower high around $50K sometime in the near future before likely dropping in half back to the 200 Week MA.
Title: Re: 2022 Elliott Wave Post by: CookieFactory on September 22, 2022, 04:01:11 PM Snooze mode until October.
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on September 22, 2022, 04:04:47 PM Snooze mode until October. It appears the markets are heading towards new lows for the year, going into the November US election, and then perhaps begin bouncing from thereafter.Title: Re: 2022 Elliott Wave Post by: ImThour on September 30, 2022, 12:25:42 AM It appears the markets are heading towards new lows for the year, going into the November US election, and then perhaps begin bouncing from thereafter. I would love to see elliot update for this :D Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on October 01, 2022, 06:47:32 PM It appears the markets are heading towards new lows for the year, going into the November US election, and then perhaps begin bouncing from thereafter. I would love to see elliot update for this :D https://12345abcdewxyz.files.wordpress.com/2022/10/20221001-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/10/20221001-btcusd.png) Title: Re: 2022 Elliott Wave Post by: CookieFactory on October 22, 2022, 01:10:37 PM I would expect a pretty substantial bounce from here, something more than one's typical bear market rally or at least the start of such. There's a myriad of reasons - sentiment is far too negative, buy-back blackout period ending, Federal Reserve dovish hints, earnings will be better than expected, DXY rolling over, negative divergence on 2 year yields, seasonality, etc etc. I think we need S&P ~4000 before general risk appetite returns and results in a Bitcoin breakout.
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on October 22, 2022, 01:44:48 PM I would expect a pretty substantial bounce from here, something more than one's typical bear market rally or at least the start of such. There's a myriad of reasons - sentiment is far too negative, buy-back blackout period ending, Federal Reserve dovish hints, earnings will be better than expected, DXY rolling over, negative divergence on 2 year yields, seasonality, etc etc. I think we need S&P ~4000 before general risk appetite returns and results in a Bitcoin breakout. The US mid-term elections are two weeks away and it does appear the global markets may have bottomed. A move beyond the 04-OCT high of ~$20,500 in BTC/USD ought to begin momentum favouring the bulls. https://12345abcdewxyz.files.wordpress.com/2022/10/20221022-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/10/20221022-btcusd.png) Title: Re: 2022 Elliott Wave Post by: CookieFactory on October 24, 2022, 07:37:47 PM I honestly believe indicators are useless in crypto market. They could be a major tools in stock and forex market, but in crypto market public sentiment is more important than indicators like Elliott wave or any other. A rumor can create pump dump in the market, then what will be the use of indicators. Investors mostly doesn't check all these indicators. What they see is the news. Agree to disagree. Title: Re: 2022 Elliott Wave Post by: CookieFactory on October 24, 2022, 07:38:19 PM I would expect a pretty substantial bounce from here, something more than one's typical bear market rally or at least the start of such. There's a myriad of reasons - sentiment is far too negative, buy-back blackout period ending, Federal Reserve dovish hints, earnings will be better than expected, DXY rolling over, negative divergence on 2 year yields, seasonality, etc etc. I think we need S&P ~4000 before general risk appetite returns and results in a Bitcoin breakout. The US mid-term elections are two weeks away and it does appear the global markets may have bottomed. A move beyond the 04-OCT high of ~$20,500 in BTC/USD ought to begin momentum favouring the bulls. https://12345abcdewxyz.files.wordpress.com/2022/10/20221022-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/10/20221022-btcusd.png) Looking good! Title: Re: 2022 Elliott Wave Post by: doomloop on October 25, 2022, 02:56:05 PM I honestly believe indicators are useless in crypto market. They could be a major tools in stock and forex market, but in crypto market public sentiment is more important than indicators like Elliott wave or any other. A rumor can create pump dump in the market, then what will be the use of indicators. Investors mostly doesn't check all these indicators. What they see is the news. If it was useless then why we are seeing it anywhere? People should stop using it then if what you were saying is true. I think that stocks, forex and crypto do have a similarity, and that is why people in crypto are also using an indicators. If there are many factors which can affect the crypto market then I think it happens as well in stocks and forex markets. Rumors are only a rumor therefore many people won't believe on it so the price will hardly react with it.There might be a small movement and those were mostly came from newbies and weak hands who sell because of rumors and FUDs. Investors don't like to use indicators but traders do. Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on October 29, 2022, 06:08:38 PM https://12345abcdewxyz.files.wordpress.com/2022/10/20221029-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/10/20221029-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/10/20221029-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/10/20221029-btcusd.png) Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on December 03, 2022, 11:06:04 AM https://12345abcdewxyz.files.wordpress.com/2022/12/20221203-bncblx.png (https://12345abcdewxyz.files.wordpress.com/2022/12/20221203-bncblx.png)
https://12345abcdewxyz.files.wordpress.com/2022/12/20221203-btcusd.png (https://12345abcdewxyz.files.wordpress.com/2022/12/20221203-btcusd.png) Title: Re: 2022 Elliott Wave Post by: CookieFactory on December 08, 2022, 05:50:15 PM I’m looking for equities to resume their uptrend starting next week. Let’s see how it plays out.
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on December 08, 2022, 10:46:23 PM I’m looking for equities to resume their uptrend starting next week. Let’s see how it plays out. Yes, seasonality suggests a Santa rally soon, but DJIA30 index perhaps a little overbought at the moment.Title: Re: 2022 Elliott Wave Post by: ImThour on December 09, 2022, 03:52:26 PM I have been keeping an eye on all of your charts since 2021.
I would request you to stop posting and leave as Elliot Wave is shit. Stop wasting your time mate, cheers. Title: Re: 2022 Elliott Wave Post by: hisslyness on December 11, 2022, 10:28:22 AM Lol! That's the thing about TA... it's................................
Title: Re: 2022 Elliott Wave Post by: josegines on December 12, 2022, 09:14:58 AM In 3 weeks it looks like we'll have a new thread, "2023 Elliot Wave."
My bet is that in these last two weeks they will do (V), and there it will end MINOR C Happy New Year to all!! Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on December 17, 2022, 03:05:09 AM https://12345abcdewxyz.files.wordpress.com/2022/12/20221217-btcusd-1.png (https://12345abcdewxyz.files.wordpress.com/2022/12/20221217-btcusd-1.png)
Title: Re: 2022 Elliott Wave Post by: xxxx123abcxxxx on January 12, 2023, 03:58:01 AM New thread for 2023 here: https://bitcointalk.org/index.php?topic=5434401.0
|
