Bitcoin Forum
January 19, 2022, 02:56:31 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 ... 336 »
  Print  
Author Topic: Analysis  (Read 939883 times)
hdbuck
Legendary
*
Offline Offline

Activity: 1260
Merit: 1002



View Profile
November 13, 2014, 09:04:38 PM
 #2201

If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.

The "historical count" in EW is the highest level count that encompasses all of the history.

Does "all of the history" include the future?

No, but the count predicts what the future holds.  I don't know if it is right or not.  No one does.  But if we did just complete "historical 2" than "historical 3" next.



question is, have we enter historical 3.
1642560991
Hero Member
*
Offline Offline

Posts: 1642560991

View Profile Personal Message (Offline)

Ignore
1642560991
Reply with quote  #2

1642560991
Report to moderator
1642560991
Hero Member
*
Offline Offline

Posts: 1642560991

View Profile Personal Message (Offline)

Ignore
1642560991
Reply with quote  #2

1642560991
Report to moderator
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1642560991
Hero Member
*
Offline Offline

Posts: 1642560991

View Profile Personal Message (Offline)

Ignore
1642560991
Reply with quote  #2

1642560991
Report to moderator
1642560991
Hero Member
*
Offline Offline

Posts: 1642560991

View Profile Personal Message (Offline)

Ignore
1642560991
Reply with quote  #2

1642560991
Report to moderator
1642560991
Hero Member
*
Offline Offline

Posts: 1642560991

View Profile Personal Message (Offline)

Ignore
1642560991
Reply with quote  #2

1642560991
Report to moderator
Zarathustra
Legendary
*
Offline Offline

Activity: 1176
Merit: 1004



View Profile
November 13, 2014, 09:14:03 PM
 #2202

If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.

The "historical count" in EW is the highest level count that encompasses all of the history.

Does "all of the history" include the future?

No, but the count predicts what the future holds.  I don't know if it is right or not.  No one does.  But if we did just complete "historical 2" than "historical 3" next.



question is, have we enter historical 3.

Historical Elliott-Wave 1 was 1163; Wave 2 completed below 300 and Wave 3 will end above 1163.
seleme
Legendary
*
Offline Offline

Activity: 2226
Merit: 1013


Duelbits.com


View Profile WWW
November 13, 2014, 09:16:50 PM
 #2203

If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.

The "historical count" in EW is the highest level count that encompasses all of the history.

Does "all of the history" include the future?

No, but the count predicts what the future holds.  I don't know if it is right or not.  No one does.  But if we did just complete "historical 2" than "historical 3" next.



question is, have we enter historical 3.

I don't have lot of clue about EW but boy, you're running me high for The Clueless one title  Grin Grin

.
Duelbits
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀

Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█

Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █

Blackjack
|█▀▀▀▀▀█▄▄▄
       ▀████▄▄
         ██████▄
▄▄▄▄▄▄▄▄█▀    ▀▀█
████████▄        █
█████████▄        █
██████████▄     ▄██
█████████▀▀▀█▄▄████
▀▀███▀▀       ████
   █          ███
   █          █▀
▄█████▄▄▄ ▄▄▀▀
███████▀▀▀
.
                 NEW!                   
SPORTS BETTING 
|||
[ Đ ][ Ł ]
AVAILABLE NOW
ssmc2
Legendary
*
Offline Offline

Activity: 2016
Merit: 1040


View Profile
November 13, 2014, 09:58:17 PM
 #2204

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?
hdbuck
Legendary
*
Offline Offline

Activity: 1260
Merit: 1002



View Profile
November 13, 2014, 10:02:56 PM
 #2205


Historical Elliott-Wave 1 was 1163; Wave 2 completed below 300 and Wave 3 will end above 1163.

ahhhhh okay thx much clearer ^^

@seleme: Tongue
Igluenza
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
November 14, 2014, 07:09:33 PM
 #2206

Right? It works until it doesn't anymore.

All I'm saying is he's a witty technical analysis genius.
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 2408
Merit: 1009


Legen -wait for it- dary


View Profile
November 14, 2014, 11:56:19 PM
 #2207

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

seleme
Legendary
*
Offline Offline

Activity: 2226
Merit: 1013


Duelbits.com


View Profile WWW
November 15, 2014, 05:09:23 AM
 #2208

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

Elliot Wave.

It's like reading books for kids on high drugs  Grin

.
Duelbits
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀

Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█

Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █

Blackjack
|█▀▀▀▀▀█▄▄▄
       ▀████▄▄
         ██████▄
▄▄▄▄▄▄▄▄█▀    ▀▀█
████████▄        █
█████████▄        █
██████████▄     ▄██
█████████▀▀▀█▄▄████
▀▀███▀▀       ████
   █          ███
   █          █▀
▄█████▄▄▄ ▄▄▀▀
███████▀▀▀
.
                 NEW!                   
SPORTS BETTING 
|||
[ Đ ][ Ł ]
AVAILABLE NOW
thiec
Hero Member
*****
Offline Offline

Activity: 854
Merit: 501



View Profile
November 15, 2014, 05:32:23 AM
 #2209

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

Elliot Wave.

It's like reading books for kids on high drugs  Grin

LOL
EW mostly work in theory and hard to match in market. 100 People draw EW will have 100 different picture result

Miz4r
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


View Profile
November 15, 2014, 12:00:35 PM
 #2210

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

Elliot Wave.

It's like reading books for kids on high drugs  Grin

LOL
EW mostly work in theory and hard to match in market. 100 People draw EW will have 100 different picture result


That's the problem with EW right there, there are so many different possible counts that there's always one that matches, but it's impossible to predict which count is the right one until the future actually shows us. Maybe traders with good market intuition are able to make money using EW theory, but I'd say that's because of their intuition and not because EW itself has any predictive value. Perhaps EW theory should be seen as a tool to develop this market intuition. Doesn't work for everyone of course but that's why there are many different tools for many different people.

Bitcoin = Gold on steroids
ask
Legendary
*
Offline Offline

Activity: 1386
Merit: 1004


barbooth.bet


View Profile
November 15, 2014, 12:08:56 PM
 #2211

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

Elliot Wave.

It's like reading books for kids on high drugs  Grin

LOL
EW mostly work in theory and hard to match in market. 100 People draw EW will have 100 different picture result


That's the problem with EW right there, there are so many different possible counts that there's always one that matches, but it's impossible to predict which count is the right one until the future actually shows us. Maybe traders with good market intuition are able to make money using EW theory, but I'd say that's because of their intuition and not because EW itself has any predictive value.

Agree. EW is just method, which work fine on paper, but reallity is completely different.

//    __                       
//   / _)_ _ /    _//    / _ _/
//  /(_)(// ()()()//).  ()(- /   https://barbooth.bet First decentralized Barbooth game on Binance Smart Chain!
Tzupy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1073



View Profile
November 15, 2014, 01:09:23 PM
 #2212

My current evaluation of the market: the bulls have shown unexpected strength on the offensive, but were unable to hold the conquered ground.
This means the seller pressure is still high, as seen in red volume, and the retracements go too deep to be consistent with an incipient bull market.
However, if the bulls manage another pump to about 500$, then a double bottom at about 275$ in late December becomes possible.

Sometimes, if it looks too bullish, it's actually bearish
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
November 15, 2014, 01:30:30 PM
 #2213

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

Elliot Wave.

It's like reading books for kids on high drugs  Grin

LOL
EW mostly work in theory and hard to match in market. 100 People draw EW will have 100 different picture result


That's the problem with EW right there, there are so many different possible counts that there's always one that matches, but it's impossible to predict which count is the right one until the future actually shows us. Maybe traders with good market intuition are able to make money using EW theory, but I'd say that's because of their intuition and not because EW itself has any predictive value. Perhaps EW theory should be seen as a tool to develop this market intuition. Doesn't work for everyone of course but that's why there are many different tools for many different people.

That is exactly where EW excels, in my opinion.

I remember, late last year, when our own master said that he thinks we're about to see the "end of the historical bull market since BTC trading began".

That's something that simply didn't even cross my mind at the time.

EW is fantastic as a tool at sharpening your intuition and making you consider all (or almost all) possible future market pictures, bullish, bearish, and in between.

People who dismiss EW as useless because "10 different people get 10 different counts" simply never realized that in order to successfully weigh all possible future outcomes by likelihood (i.e. making a prediction), you first have to consider all possible outcomes. And that's where the EW counts come in.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 2408
Merit: 1009


Legen -wait for it- dary


View Profile
November 15, 2014, 02:48:10 PM
 #2214

So I guess my question is what changed his thinking that we were in 3 last November to we might just be starting 3?

There are 5 waves in a historical cycle.
In this context, the 3 from last November would have been the 3 of 5, so now he is thinking we are in historical 2 where 1 was in November. 5 of 5 of (1) to be more precise.

Disclaimer: The preceding post is not necessarily the view of the poster.

Elliot Wave.

It's like reading books for kids on high drugs  Grin

LOL
EW mostly work in theory and hard to match in market. 100 People draw EW will have 100 different picture result


That's the problem with EW right there, there are so many different possible counts that there's always one that matches, but it's impossible to predict which count is the right one until the future actually shows us. Maybe traders with good market intuition are able to make money using EW theory, but I'd say that's because of their intuition and not because EW itself has any predictive value. Perhaps EW theory should be seen as a tool to develop this market intuition. Doesn't work for everyone of course but that's why there are many different tools for many different people.

That is exactly where EW excels, in my opinion.

I remember, late last year, when our own master said that he thinks we're about to see the "end of the historical bull market since BTC trading began".

That's something that simply didn't even cross my mind at the time.

EW is fantastic as a tool at sharpening your intuition and making you consider all (or almost all) possible future market pictures, bullish, bearish, and in between.

People who dismiss EW as useless because "10 different people get 10 different counts" simply never realized that in order to successfully weigh all possible future outcomes by likelihood (i.e. making a prediction), you first have to consider all possible outcomes. And that's where the EW counts come in.

Good break down there.
I'll add, that when you use it in conjunction with other tools, the picture becomes clearer and those 10 counts can be refined into 2 or 3 counts as more probable. Then you can set orders and stops based on those to get you in either way it goes.

Sometimes the counts align such that it must go up first no matter where the larger picture is heading, so you get a very good trade R:R ratio

Alonzo Ewing
Legendary
*
Offline Offline

Activity: 1040
Merit: 1001


View Profile
November 16, 2014, 02:28:47 AM
 #2215

That is exactly where EW excels, in my opinion.

I remember, late last year, when our own master said that he thinks we're about to see the "end of the historical bull market since BTC trading began".
....

So does anyone want to provide a long term E-Wave count for Bitcoin from the beginning of Bitcoin's trading history?
hdbuck
Legendary
*
Offline Offline

Activity: 1260
Merit: 1002



View Profile
November 16, 2014, 03:22:26 AM
 #2216

shall we go lower???
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 2408
Merit: 1009


Legen -wait for it- dary


View Profile
November 16, 2014, 03:24:07 AM
 #2217

That is exactly where EW excels, in my opinion.

I remember, late last year, when our own master said that he thinks we're about to see the "end of the historical bull market since BTC trading began".
....

So does anyone want to provide a long term E-Wave count for Bitcoin from the beginning of Bitcoin's trading history?

I haven't made one recently, but this is one I made during the correction of the April bubble last year using Gox data


It is slightly different now, but it has the "historical" [ I ]/[ II ] count. According to this, the April high was [III], but I later changed that. I might be able to get something with the more recent data tomorrow or something

Tzupy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1073



View Profile
November 16, 2014, 01:04:20 PM
 #2218

When the current support at about 320$ will be broken, it will become major resistance.
After THE bottom, the first sub-wave of wave 1 will test it and maybe briefly break it for a push to 350$ (mid-term bull trap).
Since the current market is more volatile than the June - July 2013 one, I expect the rally from THE bottom to 350$
to be % more than the 59% of 7th - 12th July 2013, I'd guess about 80% - 90%. This would put THE bottom around 190$.

Sometimes, if it looks too bullish, it's actually bearish
var53
Sr. Member
****
Offline Offline

Activity: 345
Merit: 250


View Profile
November 16, 2014, 01:23:11 PM
 #2219

When the current support at about 320$ will be broken, it will become major resistance.
After THE bottom, the first sub-wave of wave 1 will test it and maybe briefly break it for a push to 350$ (mid-term bull trap).
Since the current market is more volatile than the June - July 2013 one, I expect the rally from THE bottom to 350$
to be % more than the 59% of 7th - 12th July 2013, I'd guess about 80% - 90%. This would put THE bottom around 190$.

When do you predict this will happen?
Tzupy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1073



View Profile
November 16, 2014, 01:52:04 PM
 #2220

...
When do you predict this will happen?

I am waiting for more reference points, to be able to guesstimate more accurate timings. Right now what I could say is based on historical data.

Sometimes, if it looks too bullish, it's actually bearish
Pages: « 1 ... 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 [111] 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 ... 336 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!