Forum is working good on IOS however I always prefer to use computer for forum interaction.
|
|
|
Been waiting for this awesome thread, thank you Steve. Do you keep the bull scenario more likely due to eth's strong hold?
|
|
|
Considering FTX having Solana Ecosystem, Coinbase NFT platform seems pretty promising. I have been in the NFT community for the last 3 years, I believe it is pretty likely that it will create a huge hype. HOWEVER, always remember how Binance NFT program was a failure (my opinion). BUT looking at the bright side: Coinbase already announced that they will be directly integrating the best collections in the ecosystem such as: CryptoPunks (gorgeous, gorgeous, brilliant genius, just love this project, wish I had one), Bored Apes and Artblocks (awesome generative art platform with brilliant creators and team)
I also wonder if Bitfinex will have a NFT integration, it would be a huge boost to the exchange, it was one of my favorites back in 2017-2018, but it would be pretty important for them to pick the chain for the sales (eth would be the optimal choice, since their own coins are not pretty cool) I didn't hear any spoilers on Bitfinex.
|
|
|
Both Opensea and Rarible have ''lazy minting'' features however to create the contract unfortunately you have to pay the first fee for the collection creation, but after that you can directly list your NFTs and collectors will be paying the minting fees. But however again there is an issue: Right now a NFT cost is around 0.03 ETH minting fee for a collector, therefore, considering anyone putting a NFT for sale for 0.05 will make the collector fade, cuz it will cost 0.08 ETH.
Not cost creation is available in other chains, such as Avalance, BSC, Solana. The fees are bearable, around 1usd minting.
|
|
|
So passing 50k will invalidate the flat count considering 1.681 level of wave A?
|
|
|
An alternative simple structure which has potential... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2F12345abcdewxyz.files.wordpress.com%2F2021%2F01%2F20210126-btcusd.png&t=662&c=EoiDp97RgvjW3g) Interesting. We've just seen the push to $34K, but will it reverse here as expected? The internals of this intraday rally do not appear impulsive, but the momentum is quite strong. Bullish engulfing candle on the daily.... Well Elon shilling seems to show us the power of the bullish engulfing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Crazy days huh... Curious of both Exstasie and Steves opinions of the huge current cande... The monthly candle will be closing in 36 hours.
|
|
|
Thoughts on this 4th wave playing out as a few weeks of sideways (ranging between ~30-35K) action rather than making a new local low?
Its possible this Wave-4 does meander sideways for a few weeks, but still overall expecting a revisit to the 04-JAN-2021 lows. The corresponding Wave-2 to this Wave-4 occurred in AUG-2020, and it took 4 weekly candles to play out, and it was a shallower 20% pullback. The rule of alternation would suggest a sharp pullback in Wave 4, yes. Sentiment feels very "Wave B" to me (as in Wave B of a higher degree ABC sharp Wave 4). Mid-June 2017 comes to mind. Everyone seems very quick to assume we're going to new ATHs immediately. Binance and Bitmex swap funding rates are already back at 0.06%. Sentiment just feels a little bit too greedy still. A sweep below $30K would shake confidence perfectly, leaving bulls out of position, setting the stage for another parabolic leg up. Thanks for the updates, xxxx123abcxxxx. Very informative! Agreed. Actually I am in between Mid-June 2017 and Nov 2017. But as you said everyone seems to be very quick for the ATHs.
|
|
|
Thanks for the updates, as far as I remember, you were expecting a primary WXY wave for the major altcoins, I wonder if you are still going with those counts.
|
|
|
Hurray! My favorite 2021 topic is ready, I was sad that you passed Elliott Wave 2020. Bookmarking this topic right away. Considering MINOR 1 made a really small pull back, do you think that MINOR 4 will have a huge pull back to 0.618s?
|
|
|
One of the stars of the last bull run and with its unique 2018 crazy movements, EOS was a star, EOS was a killer, it had great potential etc etc...
Still in the top 20 but where the hell is EOS? I do not see anything about the project anywhere around the forum and also the news. The price keeps going down and down. Even with the DeFi craziness, EOS did not get any little attention. As far as I know from the total 260 DeFi projects only around 20 of them are EOS based.
But really curious where the hell is EOS?
ps: i am not an EOS bag holder
|
|
|
Always like your art man! Glad to see you here as well.
|
|
|
I am really curious why there are no further discussions on the forum about NFTs or Crypto art, they seem to be the ICOs of the next bull run or maybe not, i really dont know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) , actually the NFT market is pumped already, in October it had a huge run, now it seems more stable.
|
|
|
In 2020 it is not possible for eth to take 1st place, however if another crazy bull begins in 2021 or later, ETH can go crazy and stay above bitcoin for a couple of days or maybe a week. but not more. That will only happen because of a fomo nothing more, not fundamentals not anything else.
|
|
|
Ethereum does not seem to have enough volume and strength to go above 250 usd for now. Daily golden cross is on its way which generally can lead to a little dump. To me, above 150 usd is a high price. Of course these are subjective opinions. Bitcoin will show us the way.
|
|
|
In EW, Wave E often doesn't make it all the way there. The 0.618-0.705 zone (maybe down to the 0.786) is more attractive.
Yes, this is totally right, my first chart ignores it, thanks for pointing that. Also we should keep in mind the huge correction starting from 2018 January can turn into a WXY (I considered a huge ABC before April 2020 but the current move eliminated that wave structure...), which can break down 4k level and turn the triangle's C-D-E into a A-B-C and lead us to 2500-1800 level... This is both a curse and a blessing for elliott waves, tons of probabilities that confuses you but also prepares you for every weird possibility...
|
|
|
What is the dip? Which price is the dip? How can we be sure? Back in 2018 after the first crash a friend of mine told me that 10k is the dip and we would never see below. He was collecting the dip..
I prefer ladder all the way down, this term makes me feel better.
|
|
|
Been reading your posts since xxxx123abcxxxx's threads. Good to find your own thread, your last analysis really makes sense. Considering the halving pump, I also still think that we are in a bear market since 2018 january. And a huge triangle which you also have stated is a really likely pattern after a huge bull run. I also want to add that, because of the crazy FUD and FOMO levels we have in bitcoin, it is likely to see another crazy wick towards 3-4k usd area. Here is an analysis I have made 2 months ago. which also can state another huge wick is likely.
|
|
|
A deeper retracement is really likely. Maybe a bounce back from 7400 or to the 6300 levels, the most important part is if we will bounce back or not? More bear season? or direct fall to 5k? Imo a bounce back from 7400 and holding there for a while is likely...
|
|
|
Happy new year dear Steve and looking forward to the new 2020 Cryptocurrency (Elliott Wave) topic. The market seems to turn a little bit more bearish than bullish however the market sentiment is neutral and most of the people are really cautious, even the moon boys have some question marks on their heads about the bull run - which means it is more likely now -
|
|
|
annemle babam disinda sanirim kimse pek umursamadi, babamin yeni esi 19 bin dolari gorunce heveslenip kendiliginden en tepelerden aldi. annem 5 bin usd zamanindan aldi, babam 4 binlerden 2017de alip sacma altcoin yatirimlari sayesinde hepsini kaybetti. sanirim bir annem isi biliyor.
|
|
|
|