masterluc (OP)
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Activity: 938
Merit: 1013
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June 27, 2015, 05:15:33 PM |
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I think this is bullish. For the 1st time since almost year price got into weeklly bb positive zone  |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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ssmc2
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Activity: 2002
Merit: 1040
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June 27, 2015, 05:19:00 PM |
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I think this is bullish. For the 1st time since almost year price got into weeklly bb positive zone You heard him folks.  Boom |
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masterluc (OP)
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Activity: 938
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June 27, 2015, 05:30:06 PM |
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But keep in mind there are two major resistances ahead - daily ma200 and log trend line   |
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masterluc (OP)
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Activity: 938
Merit: 1013
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June 27, 2015, 10:23:59 PM |
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But never seen before weekly ma200 is not gonna surrender  |
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Okurkabinladin
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June 28, 2015, 12:44:21 PM |
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I guess then, this means triangle and more standoff and more waiting. Upcoming market move could be huge.
Any ETA on this?
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masterluc (OP)
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Activity: 938
Merit: 1013
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June 29, 2015, 12:50:22 PM |
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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... 
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L0uis
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June 29, 2015, 01:12:23 PM |
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Usually the largest wave
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madmat
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Activity: 966
Merit: 1000
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June 29, 2015, 01:16:08 PM |
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Sorry Master, but for the newbies... What's does wave III means? I googled it with no luck, just curiosity, i dont trade much... And thanks for sharing your thougts  Wave III means BIG!!! |
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fallinglantern
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June 29, 2015, 01:18:06 PM |
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From wikipedia...
Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three's midpoint, "the crowd" will often join the new bullish trend. Wave three often extends wave one by a ratio of 1.618:1.
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Afrikoin
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Activity: 1540
Merit: 1003
alan watts is all you need
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June 29, 2015, 02:34:53 PM |
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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... very long II there. If indeed it is II, then the IV will be incredibly longer don't you think? |
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Hueristic
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Activity: 3794
Merit: 4865
Doomed to see the future and unable to prevent it
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June 29, 2015, 02:59:05 PM |
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Unfortunately, Elliott's waves are well observed in the "old" market, but they are rather dimmed for the future. This is why practical use of the Elliott Wave Theory is often difficult and requires special knowledge. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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HeliKopterBen
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June 29, 2015, 03:04:32 PM |
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From wikipedia...
Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three's midpoint, "the crowd" will often join the new bullish trend. Wave three often extends wave one by a ratio of 1.618:1.
Bitcoin trades more like a commodity IMO. |
Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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SmoothCurves
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June 29, 2015, 04:53:37 PM |
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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... That would put the top of Wave III at around $120k. I could live with that. |
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wpalczynski
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Activity: 1456
Merit: 1000
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June 29, 2015, 05:01:43 PM |
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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... That would put the top of Wave III at around $120k. I could live with that. Folks, dont send in your job resignations just yet. |
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hdbuck
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Activity: 1260
Merit: 1002
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June 29, 2015, 05:06:38 PM |
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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... That would put the top of Wave III at around $120k. I could live with that. Folks, dont send in your job resignations just yet. lmao  |
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SmoothCurves
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June 29, 2015, 05:09:25 PM |
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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... That would put the top of Wave III at around $120k. I could live with that. Folks, dont send in your job resignations just yet. Agreed. No telling how long it will take Wave 3 to play out. Maybe by 2018? |
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Chef Ramsay
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Activity: 1568
Merit: 1001
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June 29, 2015, 05:24:15 PM |
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Yep, this is the start of something epic and other worldly. We've earned it after going through the last year and a half tho. The time will come when all those people you talked about bitcoin to will be being super friendly to you.  |
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wpalczynski
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Activity: 1456
Merit: 1000
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June 29, 2015, 05:25:15 PM |
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Yep, this is the start of something epic and other worldly. We've earned it after going through the last year and a half tho. The time will come when all those people you talked about bitcoin to will be being super friendly to you. I hope so, theyve been laughing at me too long. |
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ssmc2
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Activity: 2002
Merit: 1040
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June 29, 2015, 05:26:48 PM |
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Yep, this is the start of something epic and other worldly. We've earned it after going through the last year and a half tho. The time will come when all those people you talked about bitcoin to will be being super friendly to you. Hear, Hear! |
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