So down right?
The count is very bullish... This is a primary wave. I thought triangles were inverse? This is the exception where the triangle is Y of a combination. Ive successfully counted this several times before. |
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So down right?
The count is very bullish... This is a primary wave. |
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This appears to be a primary wave where I would expect a larger wave V to play out.  Seems like Y expanded into a triangle.  |
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are you sure Bit is the culprit?
could be anything,really
starting with your device compromised,for example or free email brutforced
Cant be sure of anything, but afaik my browser is secure and the password came about only hours after I registered with bitmain. very fishy. |
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more likely you've got malware on your pc that stole it as you entered the information.
did you check for the ssl lock?
There is always the green lock in my URL if that is the ssl lock you mean. this has not happened to me before, only just after registration with bitmain. |
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I signed up for a Bitmain account yesterday somewhat interested in buying an antminer s7. I used a password that I might have used elsewhere before, turns out I probably did. This morning I had an email from Amazon.com notifying me that ... At Amazon we take your security and privacy very seriously. As part of our routine monitoring, we discovered a list of email addresses and passwords posted online. While the list was not Amazon-related, we know that many customers reuse their passwords on multiple websites. Since we believe your email addresses and passwords were on the list, we have assigned a temporary password to your Amazon.com account out of an abundance of caution. I think Bitmain are distributing password of their customers to hackers. ... on a side note, has anyone ever bought from bitmain? would you buy an antminer s7 from them? https://shop.bitmain.com/productDetail.htm?pid=00020160527114935137wr0xd6U006A9 |
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This appears to be a primary wave where I would expect a larger wave V to play out. |
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But won't there be any signs or such  If you're lucky we get the form. |
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Thank you for the awesome updates brother.
Chessnut, when will the above quote be visible for you ?
Hmm?? I dont see any quote.  ... idk when! |
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680 on Bitstamp has been a tipping point. Price needs to get back above 680 soon or we could be in for a larger correction. Also note that ether was strong while bitcoin had the decline. Important points to consider.
Is that based on EW? based on he triangle and he form of the fall this should be the local count meaning the bottom is near. this would be bottoming in the territory of a correction which makes me think the larger impulse could be the second chart. slightly difficul to fit i of (iii) but this makes better sense within the context of our original primary wave.   breaking the channel, or about 3800-3700 is very bearish. We broke the impulse channel for a brief moment on the scale of things causing a hypothetical fourth wave throw over. It bottomed cleanly within the fourth wave and wicked above the channel. A fifth wave is still fitting in the larger context and we are still in the dark about its potential as far as I can see. it could fail under $750 or it could blow out. |
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680 on Bitstamp has been a tipping point. Price needs to get back above 680 soon or we could be in for a larger correction. Also note that ether was strong while bitcoin had the decline. Important points to consider.
Is that based on EW? based on he triangle and he form of the fall this should be the local count meaning the bottom is near. this would be bottoming in the territory of a correction which makes me think the larger impulse could be the second chart. slightly difficul to fit i of (iii) but this makes better sense within the context of our original primary wave. breaking the channel, or about 3800-3700 is very bearish. |
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So did we break the support?
We broke wave iv territory and the channel but not w1. It could imply the whole move being an abc... we need a lot more PA to say. |
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Again, great call!
Great call chessnut!
Thanks This is a critical level tm - be cautious about doing anything on leverage. better to wait for the dust to settle then we buy in a bit higher maybe. |
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It's funny how BFX only have problems on the way down.
Maybe that all is just strategy to buy more btc at this price? Thought those 5k btc on bfx someone would have bought if you do not know that the price will go up?  It doesnt help to halt long liqidations in order to buy a tonne of cheap coins... |
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Looks like counting waves can help in trading (even when the count reveals to be incorrect  , probably luck of the beginner): Its what many people dont appreciate about it. It is an excellent principle, but it is also a very real theory. |
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I think there is no good reason why it shouldnt go as low as $670 or 4500 yuan.
That's good to read chessnut, I value your input & opinion here. You are a good source who has no agenda. Too many bull shit EW/chart analysts who have bearish agendas trying to trick people. yw a plausible situation within a local corrction...  look like this was correct, if so wave v would be fit to touch the channel within wave iv territory.  |
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I think there is no good reason why it shouldnt go as low as $670 or 4500 yuan.
That's good to read chessnut, I value your input & opinion here. You are a good source who has no agenda. Too many bull shit EW/chart analysts who have bearish agendas trying to trick people. yw a plausible situation within a local corrction... |
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Premature rally was denied. This needs to correct more, expecting wave c of abc/flat/triangle or wxy.
img]https://www.tradingview.com/x/BdjYcGaf/[/img]
It could also go sideways right? That's what I'm predicting we're gonna do. Range of 720-760 I think there is no good reason why it shouldnt go as low as $670 or 4500 yuan. halving? miner price are 480$ pre halving Its an EW thread m8 |
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Premature rally was denied. This needs to correct more, expecting wave c of abc/flat/triangle or wxy.
img]https://www.tradingview.com/x/BdjYcGaf/[/img]
It could also go sideways right? That's what I'm predicting we're gonna do. Range of 720-760 I think there is no good reason why it shouldnt go as low as $670 or 4500 yuan. |
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Premature rally was denied. This needs to correct more, expecting wave c of abc/flat/triangle or wxy.  |
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