Analysis

[nashvidi]

Russian speakers can clarify what this means?

From telegram:

9500-10000 oтcкoчит. Taм днeвнaя cмa200
Google Translate:
9500-10000 oтcкoчит. Taм днeвнaя cмa200.

Ha cтoкax мeждy тeм oчepeднaя ( ).( )
Google Translate:
On the drains meanwhile the next (). ()

From his blog:

9500-10000 oтcкoчит (вниз). Taм днeвнaя cмa200. A нa cтoкax нынчe жoпa.
9500-10000 will rebound (down). There's a daytime sma200. And the sewers are now an asshole.

9500-10000 down
( ).( ) - > ass

[Rep]

more details in my topic
https://bitcointalk.org/index.php?topic=2313920.new#new

[BitcoinNewsMagazine]

I believe he is expecting reversal at daily 200 MA currently $9829. Pushing through the daily 200 MA is bullish but there is still the $10,000 barrier. Also daily Death Cross still in effect: daily 50 MA needs to get back above the 200 MA.

[exstasie]

From telegram:

9500-10000 oтcкoчит. Taм днeвнaя cмa200
Google Translate:
9500-10000 oтcкoчит. Taм днeвнaя cмa200.

From his blog:

9500-10000 oтcкoчит (вниз). Taм днeвнaя cмa200. A нa cтoкax нынчe жoпa.
9500-10000 will rebound (down). There's a daytime sma200. And the sewers are now an asshole.

Very nice forecast from masterluc. As he expected, price got smacked down hard right off the MA200 and the middle of his target range. That was a pretty fast $1,000 dump!

I believe he is expecting reversal at daily 200 MA currently $9829. Pushing through the daily 200 MA is bullish but there is still the $10,000 barrier. Also daily Death Cross still in effect: daily 50 MA needs to get back above the 200 MA.

Yes, no reason to be overly bullish. Price was moving up too far too fast, so I expected bears to come in like this. The question is whether we V-bottom off the $8,800 level and continue, or begin stepping down the stairs again. Too early to tell yet.

[drays]

Russian speakers can clarify what this means?

9500-10000 oтcкoчит (вниз). Taм днeвнaя cмa200. A нa cтoкax нынчe жoпa.
9500-10000 will rebound (down). There's a daytime sma200. And the sewers are now an asshole.

Russian slang can be confusing
Translation is: "It'll bounce down from 9500-10000 level. There is the daily MA200 there. Also there is a bad situation at stock markets at the moment."
"жoпa" is not always the same as "ass"

[Millionero]

I'm just wondering about "the sewers are now an asshole."
Pungent, but what does it mean?

[Biodom]

ML: "A нa cтoкax нынчe жoпa."
Google translate: "And the sewers are now an asshole."

bad google is bad.

I think that he means stocks, it is just russian spelling of an english word "stocks" without translating it, hence the meaning probably is:

"Stocks are in the ass right now", which would be an equivalent of more exact "stocks are s--t right now"

I think that ml does this heavy jargon on purpose.

[Millionero]

You know how we got memes like "this is gentlemen" and "hodl" because of typographic errors, right?
Well, "the sewer is an asshole" makes a perverted kind of sense.  I think it might be useful in the future, when a nice smelly dump (!) happens, to say that
The Sewer is Now an Asshole

[ssmc2]

New update from Luc

https://www.tradingview.com/chart/BTCUSD/ETsf4M8H-Midterm-picture-looks-bearish/

😕

[Denker]

New update from Luc

https://www.tradingview.com/chart/BTCUSD/ETsf4M8H-Midterm-picture-looks-bearish/

😕

So what? Now where his magical Elliott Wave nonsense doesn't work anymore he's switching to bollinger bands and predicts we are going to touch the lower band.
Might happen, might not. He does not know!
I don't get it why so many people are hanging on his lips. He has been right as false a few times now. Nothing special about this guy.
Where he is bearish now there will be another guy who will tell you the opposite.
Do your own analysis pal!
And even if we go down, it'll just be temporarily.

[exstasie]

New update from Luc

https://www.tradingview.com/chart/BTCUSD/ETsf4M8H-Midterm-picture-looks-bearish/

😕

So what? Now where his magical Elliott Wave nonsense doesn't work anymore he's switching to bollinger bands and predicts we are going to touch the lower band.

He has always used Bollinger band and standard deviation analysis.

For him, there is no point counting the short term internals. I only ever see him produce very long term counts. The mid-term picture he offers here is consistent with his count here: https://www.tradingview.com/x/PjYa65fU/

So we can still be in his Wave 4. It's the same now as it was 2 months ago. $3,000 must hold to retain bullish outlook.

Might happen, might not. He does not know!

That's the life of a chartist and trader. As he says, "Overall midterm picture is bearish (70/30)." It is not a sure thing; it never is. But he recognizes that we have not broken the mid-term downtrend and have serious resistance overhead.

I don't get it why so many people are hanging on his lips. He has been right as false a few times now. Nothing special about this guy.

His long term calls have been epic. He called the April 2013 top, the July 2013 bottom, the December 2014 top. He predicted the 2017 run well before it happened. He obviously has a knack for this.

[cAPSLOCK]

He DID also say we would not go under 10k, or if we did it would be brief and the last time to buy at those levels.

But even considering that it is true his calls have been very good.  And yes he abhors short term analysis.  What he would call short term is likely months.

[infofront]

New Masterluc update:

Midterm picture looks bearish . Price is under cruical curves weekly sma20 and daily sma200 which are strong resistances.

Weekly sma20 did a bend down, which was always a bad sign.

We got a double bottom at around $6k which does some support.

Overall midterm picture is bearish (70/30).

Longterm picture is bullish while historical log lower trend line at around $3k holds.

[Wekkel]

So I guess some more patience for us HODLers.

[European Central Bank]

His long term calls have been epic. He called the April 2013 top, the July 2013 bottom, the December 2014 top. He predicted the 2017 run well before it happened. He obviously has a knack for this.

everyone has a knack until they don't any more. i'm always interested in what his thoughts are but i'm not certainly not betting my kid's college fund on his calls.

[greensheep]

Personally I also think that it will take some more time to rise and stay above the SMA 200 again, doing some leapfrogs back and fronth untill then, but then again markets can indeed be very irrational...
I guess midterm seems like 3 months or sth.

[figmentofmyass]

His long term calls have been epic. He called the April 2013 top, the July 2013 bottom, the December 2014 top. He predicted the 2017 run well before it happened. He obviously has a knack for this.

everyone has a knack until they don't any more. i'm always interested in what his thoughts are but i'm not certainly not betting my kid's college fund on his calls.

i think you'd be hard-pressed to find a single person whose long term predictions come close to masterluc's over the past several years.

and you shouldn't be betting your kid's college fund on anyone's calls. that's crazy. a 50% win rate for a trader (assuming proper risk management) is great. that's how you should approach this.

i wouldn't risk more than my lunch money on someone else's analysis. charts and predictions from other people should be nothing more than ideas---they shouldn't constitute your trading plan. they should be used to challenge your own biases more than anything else.

[exstasie]

Midterm picture looks bearish . Price is under cruical curves weekly sma20 and daily sma200 which are strong resistances.

Weekly sma20 did a bend down, which was always a bad sign.

We got a double bottom at around $6k which does some support.

Overall midterm picture is bearish (70/30).

Longterm picture is bullish while historical log lower trend line at around $3k holds.

I definitely see where he's coming from. The 1-week 20MA "bending" like that is pretty bad news, historically. I'd agree that there is a bearish bias given the overall trend, but 70/30 sounds about right (not a sure thing). We could certainly continue coiling in a long term sideways inside the 1-week bands, and that could turn bullish.

The fact that the 20MA is lining up around $10,000 is no mistake. That's a major resistance, and probably a "sticky" price.

[Cherylstar86]

Yeah now we are on the progressive side of price and it won't be possible for that price to decrease at $2000 because it has come to the right path with demand to become more stable. People are not really particular on how it fluctuates like that analyzing the actual trend, and what they are more particular is the current price together with the idea of holding their patience and achieve good trades in the future. Maybe that lines in the chart was just a representation, and the actual outcome is a rewarding proof of scenario.

[mymenace]

approximate 60% increase to mid June

approximate 25-35% sell off

End July to August Bear or Bull?