Masterluc, come back plz.
You failed to draw appropriate pentagram and chant a proper invocation.   Pro militibus , qui in prima acie pugnantes array. |
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Out of respect for the master we should stop posting here. Someone should lock this topic.
Of coz we should keep posting. This topic should be posted time and again to make sure it displays on the first page of this subforum every day. |
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Masterluc, come back plz.
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Just come to make sure this post remain on the first page of this sub-forum. Masterluc we are missing you.
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 ADX is 70 now , Is this top already or wait wave 5? ADX could be much more than 60 and price still going up. |
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Wow, here is a some sort of holy war about me.
Guys, I don't have any communications with any professional traders and trading gamblers. I didn't studied at any financial lessons, except I was long term subscriber at s3052 and waveaddict and now learning more heavy elliottwave.com subscription.
I don't understand any trader I meet as well as them don't understand me.
I am a "sofa" trader and lonely wolf and counter-social element. The only reason I post this thread - is to throw out bulk information out of my head, read it and feedbacks and then systematize it back. And repeat.
This thread helps me to keep chaos in my head under control because I read megabytes a day. I don't need power, glory, prophecy or whatever. I just want to keep clear with lots of information. I share it with you along with my fear and my greed.
Without this thread I think I'd already was dead, because last bubble informational and emotional pressure put me in deep hypertensive crisis despite I earned a lot of money.
While questing once in noble wood of gray, medieval pine, I came upon a tomb, rain-slick'd, rubbed-cool, ethereal, its inscription long-vanished, yet still within its melancholy fissures. |
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Support and resistance lines are literally the SAME thing.
You got caught stealing my work. Don't be mad. Masterluc has a lot more credibility than you, who the hell do you think you are coming into this thread and accusing him of stealing your work? You're a nobody, get the fuck out of here. I think we should just ignore the post and keep discussing as if the post never exist. The poster just wanted to get some attention from Luc and us and we should not help him fulfill his intent. |
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Seriously - Bitcoin is at top of a weekly bollinger band. If it stay here for few days - new short term bubble will start.
What would be a target price for that short term bubble? Who knows? I can identify only reversal. Analyst job is hard But you successfully predicted the bottom when the price fell from 300ish to 150.  |
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Seriously - Bitcoin is at top of a weekly bollinger band. If it stay here for few days - new short term bubble will start.
Master, what is the price target the short term bubble may reach then, please? |
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I'll take this as a personal offense...  Hahaha.. |
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Luc, should I get married or wait?
...well done, co5hike, well done. |
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Luc, what do you predict the next ATH to be ?
Big. 1200 may be compared to final ATH in final wave like 31.2 compared to 1200. But it should be in up to 7-10 years. Luc, when do you think the last ATH will be reached again? |
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3 (Weekly sma20)
2 (Daily sma200)
1 (Log trendline)
... and lift off, Bitcoin the worlds first digital currency starts to its historical wave three to be in next comming years!
Master, for historical wave three it should also consist of five sub-waves. What price level do you think the first sub-wave should reach and when could we expect it? |
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On breakout of current log downtrend I will consider this count to be activated (historical III running). You all know what means elliott wave number 3...
I will recognize significant bottom at the following conditions.
1. Price will hit the weekly upper BB and then collapse into weekly 20 sma.
2. oh well, nothing more ))
Then it should collapse to weekly 20 sma and stay around there for all "silence phase".
So here is it - plan till 2016-2017. As I predicted right after ATH, this will be long and painful decline till 2016...2017.
So after the breakout of current log downtrend, is the scenario in which price hit weekly upper BB and collapse to weekly 20 sma and followed by a long silence phase still valid? Again, thank you Master Luc for your continuous professional and rational analysis. |
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So here is another field full of resistances - fighting for breakout.
If the breakout of log downtrend is confirmed, could it become one possible scenario that the price reach the upper weekly BB and back to weekly sma20 for a long silence period? |
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Daily sma20 retest. Nothing more so far. According to weekly adx, trend only initializing.
Now sma20 & sma50 has been broken through. Any interesting change ongoing? |
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Daily sma20 retest. Nothing more so far. According to weekly adx, trend only initializing.
And now sma20 has been broken and sma50 retested.  |
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200 (weekly lower bb). then 100 on break down.
If the price does reach to the $100 area, is the prediction that the correction is to be complete and bounce is followed still valid? (namely $100s is the bottom) Odds higher with each bottom ) Any new thoughts these days?  |
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200 (weekly lower bb). then 100 on break down.
If the price does reach to the $100 area, is the prediction that the correction is to be complete and bounce is followed still valid? (namely $100s is the bottom) |
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Progress in indicators
Escape trend is under attack
However this one is alive
Hidden daily bearish divergences still here
Breaking the escape trend will lead to a plummet? |
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