Analysis

[AnonymousEconomist]

yes, ignore me when the dates are all there. just look at the dates to my chart, you can even see my twitter feed.

He clearly isnt any kind of expert, considering he doesn't even know what support/resistance is. I literally drew two trend lines, and 0 support/resistance ones.

I am one of only 5% of consistently profitable traders. Be mad.

lol, I've seen your EW skillz. I always thought you were more of a TV troll. No? Much to be desired then, that's for sure.
Trend lines ARE support/resistance lines. The top being resistance until guess what? Until it's passed. THEN it becomes support. Everything on a chart can be construed as S/R levels/lines. Every indicator, significant horizontal level, rising/declining trend line, etc... I mean Christ! You can't even draw a channel the proper way. In a rising market, the base line of the channel is the lower (supporting) trend line, THEN you make a parallel trend line using a 1st or 3rd wave or higher high. Do yourself a favor and go back to chart school at babypips. Then come talk to the adults, mkay pumpkin?

Honestly, I don't even know what chart luc supposedly copied, nor do I really give a fuck.

you are correct about the trend lines, but they still had nothing to do with whatever the fuck luc was talking about.

the channel is drawn correctly. it is parallel to the top of waves 1 and 3, and comes down to meet the lows of wave 1(roughly). the lines dont matter either way. it is the arrows on the chart that is the price prediction.

[AnonymousEconomist]

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.

He didnt even deny copying my chart.

You people are blind.

[opossum]

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.

He didnt even deny copying my chart.

You people are blind.

Go away. You are unwanted here.

[Fakhoury]

Kindly people, I need your help in something I don't understand as I'm still a novice in understanding bitcoin.

Luc, has mentioned earlier about "Historical elliott wave number 3"

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...

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!

I have never saw so bullish Lucif. Looks like he has sold his account.

Historical III on the way. I waited it since 2011.

Why is "elliott wave number 3" is so important for you ? When we will witness it, in 7 - 10 years duration ?

And can it be calculated like SmoothCurves did here ?

The top of III can be calculated by 1200/2.5 * 150 * 1.68 or approximately $120,000

Please help me, as it seems I'm not welcomed through PM by both Luc and SmoothCurves.

Thank you.

[kehtolo]

I'm not trying to be rude.. but an hour spent searching for this information yourself would be much more valuable than any of us just giving you the answer.

When you find out something for yourself, you'Re actually learning something.. When you have the answer just given to you, you learn nothing.

[Fakhoury]

I'm not trying to be rude.. but an hour spent searching for this information yourself would be much more valuable than any of us just giving you the answer.

When you find out something for yourself, you'Re actually learning something.. When you have the answer just given to you, you learn nothing.

You are not rude and I appreciate your advice.

But I'm really confused, no more.

I always say that Google is my friend and I barely ask about something which I can search for.

But when I feel confused, I don't want to be confused more.

Thank you.

[opossum]

I'm not trying to be rude.. but an hour spent searching for this information yourself would be much more valuable than any of us just giving you the answer.

When you find out something for yourself, you'Re actually learning something.. When you have the answer just given to you, you learn nothing.

You are not rude and I appreciate your advice.

But I'm really confused, no more.

I always say that Google is my friend and I barely ask about something which I can search for.

But when I feel confused, I don't want to be confused more.

Thank you.

About 15 pages back in the Critical Levels Elliot Wave thread is some good info for you. Check there.

[fortif78]

I'm not trying to be rude.. but an hour spent searching for this information yourself would be much more valuable than any of us just giving you the answer.

When you find out something for yourself, you'Re actually learning something.. When you have the answer just given to you, you learn nothing.

You are not rude and I appreciate your advice.

But I'm really confused, no more.

I always say that Google is my friend and I barely ask about something which I can search for.

But when I feel confused, I don't want to be confused more.

Thank you.

About 15 pages back in the Critical Levels Elliot Wave thread is some good info for you. Check there.

You can also try typing in "Elliot Wave 3" to Google. 

[BitcoinNewsMagazine]

I'm not trying to be rude.. but an hour spent searching for this information yourself would be much more valuable than any of us just giving you the answer.

When you find out something for yourself, you'Re actually learning something.. When you have the answer just given to you, you learn nothing.

You are not rude and I appreciate your advice.

But I'm really confused, no more.

I always say that Google is my friend and I barely ask about something which I can search for.

But when I feel confused, I don't want to be confused more.

Thank you.

@Fakhoury different Elliott Wave analysts have different wave counts. Some like masterluc feel we are in impulsive wave 3 while others think we are in corrective wave b see this post for different counts

[Afrikoin]

Thank you.

@Fakhoury different Elliott Wave analysts have different wave counts. Some like masterluc feel we are in impulsive wave 3 while others think we are in corrective wave b see this post for different counts

]

+1

Also, wave 3 is invalidated if we hit a top ($370 - $600) and go down below $219 (estimate).

Wave B scenario invalidated if we correct from same top, but continue on up.

*Feel free to add*

[masterluc]

Don't PM me about next wave target estimations. I will not feed your greed. I don't know. Big. Period.

[masterluc]

+1

Also, wave 3 is invalidated if we hit a top ($370 - $600) and go down below $219 (estimate).

Wave B scenario invalidated if we correct from same top, but continue on up.

*Feel free to add*

Wave 3 invalidated if wave 2 hit bellow start of wave 1. So it will be invalidated if Bitcoin goes below $0

[RyNinDaCleM]

Thank you.

@Fakhoury different Elliott Wave analysts have different wave counts. Some like masterluc feel we are in impulsive wave 3 while others think we are in corrective wave b see this post for different counts

]

+1

Also, wave 3 is invalidated if we hit a top ($370 - $600) and go down below $219 (estimate).

Wave B scenario invalidated if we correct from same top, but continue on up.

*Feel free to add*

Wave-B can actually make new ATH's, so there is some room before invalidation occurs.

[AnonymousEconomist]

Don't PM me about next wave target estimations. I will not feed your greed. I don't know. Big. Period.

This is who you are all dickriding. Like I said, he has no idea what he is talking about.

[sana54210]

Don't PM me about next wave target estimations. I will not feed your greed. I don't know. Big. Period.

This is who you are all dickriding. Like I said, he has no idea what he is talking about.

Actually it is you being the dick. You are only here to insult. You have contributed absolutely nothing to what - before your self righteous appearance  - was one of the best threads on the forum. You are here only to play out some inner psychological need, and you have seized upon Luc's thread to do this in. Again. The only person being a dick here is you.

[BTCtrader71]

Don't PM me about next wave target estimations. I will not feed your greed. I don't know. Big. Period.

This is who you are all dickriding. Like I said, he has no idea what he is talking about.

Luc is not responding to your childishness because he has better things to do with his time. Everyone on this thread feels that way. You too know this to be true.

[saddambitcoin]

Don't reply or quote him, he won't listen. Just hit ignore!  

[Ultros]

Just do like the master and do not waste your time responding to him (also, ignore button).

[Miz4r]

Just do like the master and do not waste your time responding to him (also, ignore button).

+1, this is what the ignore button is for.

[Dump3er]

Wow, luc has now his personal flamer. Don’t be annoyed, it’s like a trophy! Treat him like he were your tamagotchi