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fabiorem
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January 18, 2018, 12:22:10 PM |
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and then, eventually to $20000-$40000.
FTFY. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Enjel
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Activity: 70
Merit: 21
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January 18, 2018, 12:28:25 PM |
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and then, eventually to $20000-$40000.
FTFY. He forgot a zero there!  Although we will see.. he made a very strict prediction, although it's most likely that we will see a weak and natural downwave then... and all the noobs may panic again  |
Using crypto to pay for college.
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xxxx123abcxxxx (OP)
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January 19, 2018, 06:38:37 PM
Last edit: January 19, 2018, 06:59:47 PM by xxxx123abcxxxx |
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Can't predict every move, that would be black magic!
The analysis still suggests a final flush down to $8061/$7600/$7116 ($7592 average); followed by a strong bounce where the masses start to 'moon' again; and then, eventually to $2000-$4000.
The route price action takes to get there becomes tricky to predict as the wave formations become congested with nested fractals —due to increased volatility and whipsaws generated by fear between buyers and sellers. Prior to that, the analysis held well.
Nevertheless, I shall endeavor to post speculative analysis when given the time.
At the moment, a bounce to towards $12295/$13242 ($12768 average) appears plausible before the aforementioned flush down.
In the event of the bounce failing to meet the aforementioned targets, a short position is ordered at $10912 with a hedge (i.e. not a stop-loss) at $11650 on BTC/USD (Bitfinex). Possibly next wave down may be commencing? |
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henriquelb
Full Member
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Activity: 163
Merit: 100
Account was hacked and now reclaimed.
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January 19, 2018, 08:28:50 PM |
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Are you dumb? The price is not going to crash, and the same goes for all those who are saying that it will.
Stop spreading false information, the last fall was just a DIP, a little retracement, it is not a crash and it can not be compared to one.
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mike4001
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January 19, 2018, 08:49:26 PM |
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Are you dumb? The price is not going to crash, and the same goes for all those who are saying that it will.
Stop spreading false information, the last fall was just a DIP, a little retracement, it is not a crash and it can not be compared to one.
Well we moved down about 55% from the ATH. It might not be a "crash" but for sure it was not just a dip ... |
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xxxx123abcxxxx (OP)
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January 19, 2018, 10:10:07 PM
Last edit: January 19, 2018, 10:32:27 PM by xxxx123abcxxxx |
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Speculative and idealised Elliott Wave model indicative of probable price and structure, not timing; is attached. Expecting a sideways choppy movement over the weekend whilst bulls & bears alike take stock of what has been a volatile week. And then, expecting a flush down to approx $7338/$7600/$8061 ($7666 on average) commencing next week. Not to be taken literally, guesswork for entertainment purposes only!    |
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fulmucos
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January 19, 2018, 10:59:12 PM |
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Continue posting what you are seeing as the evolution of the market, it's great analysis no matter what people are saying.
Do you have any recommendations on materials to learn advanced theory about elliott waves?
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xxxx123abcxxxx (OP)
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January 19, 2018, 11:52:47 PM |
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Continue posting what you are seeing as the evolution of the market, it's great analysis no matter what people are saying.
Do you have any recommendations on materials to learn advanced theory about elliott waves?
Available for 60 days (Mar 23 2018)... 1. Elliott Wave Principle: Key to Market Behavior Robert R. Prechter, A.J. Frost https://files.fm/u/pnmaksvv (77MB) 2. Visual Guide to Elliott Wave Trading (Bloomberg Financial) Wayne Gorman, Jeffrey Kennedy https://files.fm/u/mcg8me4m (33MB) |
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CHILO20
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January 20, 2018, 12:07:44 AM |
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Hello guys, let's hold our ground and avoid all the scare tactics.
All of this is positive, it's healthy for Bitcoin and it's a process of returning back to normal and going to the moon again.
And the reason could be the normal market players, or we could be conspirators saying that the fiats/banks trying to out buy/sell the crypto market by using a very calculated/technical approach. For example let's say the Sell half and buy half more bitcoin.
We are not sure, but we must hold our ground and remain positive.
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Enjel
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Activity: 70
Merit: 21
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January 20, 2018, 04:13:04 AM |
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2 people who have been trading Bitcoin since 2011, and have correctly called many many critical predictions (bottom at $9k recently, 2013 crash, 2-year bear market) have both said with near *certainty* that we will NEVER SEE SUB 5-DIGITS AGAIN AFTER JANUARY.
In fact, Masterluc (Bitcoin Wanga) and Enky Nakamura both predicted (correctly) the 9k bottom, and both have said that now it's time for Bitcoin to go to the moon, based on their technicals.
Would you rather trust some random anon person trying to spread FUD based off of made-up numbers and pseudo-science, or people who have been making the best predictions since Bitcoin existed?
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Using crypto to pay for college.
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Enjel
Member
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Activity: 70
Merit: 21
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January 20, 2018, 04:14:12 AM |
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Speculative and idealised Elliott Wave model indicative of probable price and structure, not timing; is attached.
Expecting a sideways choppy movement over the weekend whilst bulls & bears alike take stock of what has been a volatile week.
And then, expecting a flush down to approx $7338/$7600/$8061 ($7666 on average) commencing next week.
Not to be taken literally, guesswork for entertainment purposes only!
That's good. At least you admit you're just doing this for fun, and not to be taken seriously. |
Using crypto to pay for college.
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xxxx123abcxxxx (OP)
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January 20, 2018, 05:31:04 AM |
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At the moment, a bounce to towards $12295/$13242 ($12768 average) appears plausible before the aforementioned flush down.
In the event of the bounce failing to meet the aforementioned targets, a short position is ordered at $10912 with a hedge (i.e. not a stop-loss) at $11650 on BTC/USD (Bitfinex).
Possibly next wave down may be commencing?
Bounce has arrived within the first target zone area; i.e. $12295/$13242 ($12768 average). The short position limit order at $10912 was not activated, and hence has been cancelled. Once sufficient enough waves have formed to suggest an end to the bounce, shall endeavor to post an update if not asleep. |
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xxxx123abcxxxx (OP)
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January 20, 2018, 06:38:44 AM |
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Bounce over?
Barring any subdividing of waves; i.e. nested fractals; there appears to be enough waves to suggest the bounce may be complete.
Should the bounce be complete at $12746, it would have come within a mere $22 of the average $12768 projection.
Ordered a short position at $12244 and another at $11534 with stop-losses on both at $12746 (BTC/USD Bitfinex).
Goodnight.
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Bloomie
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January 20, 2018, 07:23:43 AM |
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Pretty sure the crash is over. Next stop ATH.
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LFC_Bitcoin
Legendary
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#1 VIP Crypto Casino
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January 20, 2018, 03:27:59 PM |
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Pretty sure the crash is over. Next stop ATH.
Let’s hope so, fairly long way to achieve that though, we are still in the $12xx’s. I think it might take a few months to see a new ATH now. |
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Enjel
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Activity: 70
Merit: 21
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January 20, 2018, 07:12:46 PM |
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Pretty sure the crash is over. Next stop ATH.
Let’s hope so, fairly long way to achieve that though, we are still in the $12xx’s. I think it might take a few months to see a new ATH now. 13xxx's now. Now we are back where we were before all these FUDsters started crying crash. Soon 14xxx's. The master himself has hinted at a climb to 20xxx's soon. |
Using crypto to pay for college.
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Idrisu
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January 20, 2018, 07:27:24 PM |
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I am going to follow this thread with interest as I m a trader and I have used Eliott wave several times and it proof to be accurate to some extent. I think bitcoin might not get low to the level of $4,000 in 2018 because outside Elliot wave speculation we still have fundamental issue that are in favour of bitcoin and other cryptocurrencies. If we actually look at the way things are going I seriously believe that bitcoin will perform very well in 2018 than 2017!
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xxxx123abcxxxx (OP)
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January 20, 2018, 08:27:40 PM |
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Bounce over?
Barring any subdividing of waves; i.e. nested fractals; there appears to be enough waves to suggest the bounce may be complete.
Should the bounce be complete at $12746, it would have come within a mere $22 of the average $12768 projection.
Ordered a short position at $12244 and another at $11534 with stop-losses on both at $12746 (BTC/USD Bitfinex).
Goodnight.
Bounce continuing higher with the low and average upside potential met and exceeded; i.e. $12295/$13242 ($12768 average) on BTC/USD (Bitfinex). Short positions set overnight were not activated, and subsequently have been cancelled. Awaiting further development of waves to determine when to initiate new parameters of a new short position. |
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Enjel
Member
Offline
Activity: 70
Merit: 21
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January 20, 2018, 10:26:44 PM |
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Bounce over?
Barring any subdividing of waves; i.e. nested fractals; there appears to be enough waves to suggest the bounce may be complete.
Should the bounce be complete at $12746, it would have come within a mere $22 of the average $12768 projection.
Ordered a short position at $12244 and another at $11534 with stop-losses on both at $12746 (BTC/USD Bitfinex).
Goodnight.
Bounce continuing higher with the low and average upside potential met and exceeded; i.e. $12295/$13242 ($12768 average) on BTC/USD (Bitfinex). Short positions set overnight were not activated, and subsequently have been cancelled. Awaiting further development of waves to determine when to initiate new parameters of a new short position. Why must you be so bearishly stupid? What is all this talk about a "short" position when you could have made almost 50% profit in 2 days by buying a shit ton at $9k ? |
Using crypto to pay for college.
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Bloomie
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January 20, 2018, 10:39:41 PM |
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In my opinion someone who isn't bullish on BTC should stay out of it completely. I don't know why anyone would want to short this market. Just HODL as many BTC as you can and ignore the nonsense.
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