BTCtrader71
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November 16, 2014, 10:52:07 PM |
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That is exactly where EW excels, in my opinion.
I remember, late last year, when our own master said ....
Is that DanV? Haha, no... master = masterluc = lucif = 80% of the time it pays off to pay attention to the guy ahhh I forgot he is the creator of this thread
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BTC: 14oTcy1DNEXbcYjzPBpRWV11ZafWxNP8EU
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Tzupy
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November 17, 2014, 12:28:39 AM |
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Since oda.krell posted a bullish scenario that doesn't make sense to me, I decided to post how a bullish scenario should look IMO.
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Sometimes, if it looks too bullish, it's actually bearish
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Wary
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November 17, 2014, 02:27:37 AM |
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Since oda.krell posted a bullish scenario that doesn't make sense to me, I decided to post how a bullish scenario should look IMO. If it's bullish, I wonder what you would call bearish
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Fairplay medal of dnaleor's trading simulator.
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hdbuck
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November 17, 2014, 07:21:54 AM Last edit: November 17, 2014, 07:32:43 AM by hdbuck |
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Since oda.krell posted a bullish scenario that doesn't make sense to me, I decided to post how a bullish scenario should look IMO. If it's bullish, I wonder what you would call bearish something like this i'd guess: 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$.
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Tzupy
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November 17, 2014, 06:11:26 PM |
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Daily PSAR flipped, like in early June. But the correction may have already happened 50%, we'll see:
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Sometimes, if it looks too bullish, it's actually bearish
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var53
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November 17, 2014, 06:51:57 PM |
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It's been announced that 50 thousand silk road bitcoins are due to be auctioned in early December. The announcement coincided with a crash down to 375, but it seems to be bouncing back a bit now. What's this going to do to the price in the run up to the auction and afterwards? http://www.usmarshals.gov/assets/2014/dpr-bitcoins/
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notme
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November 17, 2014, 07:15:32 PM |
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It's been announced that 50 thousand silk road bitcoins are due to be auctioned in early December. The announcement coincided with a crash down to 375, but it seems to be bouncing back a bit now. What's this going to do to the price in the run up to the auction and afterwards? http://www.usmarshals.gov/assets/2014/dpr-bitcoins/Do you really have to post this in every thread?
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var53
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November 17, 2014, 07:20:03 PM |
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It's been announced that 50 thousand silk road bitcoins are due to be auctioned in early December. The announcement coincided with a crash down to 375, but it seems to be bouncing back a bit now. What's this going to do to the price in the run up to the auction and afterwards? http://www.usmarshals.gov/assets/2014/dpr-bitcoins/Do you really have to post this in every thread? I posted it in two technical analysis threads to get opinions because Chessnut thinks the bottom is probably in and the master thinks it's probably not in. Perhaps they will both have different opinions about the second silk road bitcoins auction and I am interested to hear them.
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notme
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November 17, 2014, 07:21:21 PM |
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It's been announced that 50 thousand silk road bitcoins are due to be auctioned in early December. The announcement coincided with a crash down to 375, but it seems to be bouncing back a bit now. What's this going to do to the price in the run up to the auction and afterwards? http://www.usmarshals.gov/assets/2014/dpr-bitcoins/Do you really have to post this in every thread? I posted it in two technical analysis threads to get opinions because Chessnut thinks the bottom is in and the master thinks it's not in. Perhaps they will both have different opinions about the second silk road bitcoins auction and I am interested to hear them. And it is off topic in both since they are technical analysis threads.
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sumantso
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November 18, 2014, 05:02:56 PM |
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The master hasn't spoken about a review, or is he still sleeping till it gets to $500? It looks to me as though prices are going go down now.
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masterluc (OP)
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November 19, 2014, 03:32:56 PM |
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I am still unsure, monitoring compiling picture. The bounce off 275 more and more reminds me flat correction (abc) rather impulse. Just because length of (b) is 100% length of (a). In impulse (b) is (3) and should be larger. Moreover, the picture now shows the bear counter-trend flag. Also still no success with breaking -1 long term deviation. Overlap (c) and (3) may give optimism. Technically this giant bull wedge is complete in 5 waves (w-x-y-xx-z) so it may break up very impressively in any time. But more downside is also possible. So I am unsure. So breaking up 462 would be very bullish. On other side, one more plunge to sub-200 is not excluded.
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lunarboy
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November 20, 2014, 07:24:57 PM |
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sub 300 you mean ? 1xx is a long way from here.
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Globb0
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Free spirit
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November 20, 2014, 08:08:54 PM |
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Nice thread thanks
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lebing
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Enabling the maximal migration
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November 20, 2014, 10:52:52 PM |
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sub 300 you mean ? 1xx is a long way from here.
No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275.
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Bro, do you even blockchain? -E Voorhees
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hdbuck
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November 20, 2014, 11:15:03 PM |
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sub 300 you mean ? 1xx is a long way from here.
No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275. maybe a glitch below 275 but i really have a hard time imagine it sub 200.
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lunarboy
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November 21, 2014, 12:36:18 AM |
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sub 300 you mean ? 1xx is a long way from here.
No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275. maybe a glitch below 275 but i really have a hard time imagine it sub 200. good job i've kept some powder dry
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sumantso
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November 21, 2014, 04:39:52 PM |
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sub 300 you mean ? 1xx is a long way from here.
No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275. I think it was a typo and he meant sub $300. A retest of the lows is quite possible, but sub $200 seems far fetched.
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seleme
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Duelbits.com
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November 21, 2014, 05:16:07 PM |
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How about this? This could be pretty bearish if we break 417 down again: Target reached, shame I didn't act what I preached here.
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BrightAnarchist
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November 22, 2014, 10:05:43 PM |
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sub 300 you mean ? 1xx is a long way from here.
No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275. I think it was a typo and he meant sub $300. A retest of the lows is quite possible, but sub $200 seems far fetched. I'm thinking sub $100 before this bear is over, but then again, I'm the crazy one who thinks the bear market still hasn't really even started
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sumantso
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November 23, 2014, 08:41:34 PM |
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sub 300 you mean ? 1xx is a long way from here.
No, he means sub 200. And yes it is a long long way from here. Institutional investors will be buying hand over fist below 275. I think it was a typo and he meant sub $300. A retest of the lows is quite possible, but sub $200 seems far fetched. I'm thinking sub $100 before this bear is over, but then again, I'm the crazy one who thinks the bear market still hasn't really even started At sub $100 the 10 BTC you spend to become donator won't look too bad The master has gone to sleep again ...
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