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Author Topic: 2018 Cryptocurrency Crash (Elliott Wave)  (Read 1239 times)
xxxx123abcxxxx (OP)
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February 18, 2018, 07:51:58 AM
Last edit: February 21, 2018, 12:22:18 AM by xxxx123abcxxxx
 #21

The second leg of the Crypto Crash may be commencing, updated charts & analysis:

1. https://uk.tradingview.com/chart/BTCUSD/3IVGEP9P-2018-Cryptocurrency-Crash-Elliott-Wave-Recommencing/

2. https://uk.tradingview.com/u/stevepuri/#published-charts

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February 18, 2018, 08:06:45 AM
 #22


Ok so I am a noob on here but I am still bearish in BTC and can see this drop happening.
Current rises have no fundamentals backing them up.
OP speaks of cryptocurrency crash however most alts down or up/down during this BTC (fake) bull run
So what gives?
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February 18, 2018, 08:16:07 AM
 #23

Wtf, are you psychic or what? Does this last 24 hours of even more hellacious drops fit into your pattern? And ok crypto-whisperer, suppose a layman (myself) just saw your portentous posts today and has already lost his ass, is this shit about over at least for now? Will there be some good days in here to at least recoup some of what's been lost? Your theory and its evidence is very compelling, however, I obviously hope you're wrong. Give us some encouraging news now...  Oh, and are you predicting armageddon in the future and this is just part of the process, or is THIS right now Armageddon? Basically, for the HODLers will we see the sun again before the ultimate end of the world?

cheers

You sound emotional. Go and lie down/climb a mountain before you trade again! Smiley
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February 18, 2018, 08:24:53 AM
 #24

Bitcoin has already completed its down trend cycle and now looking for uptrend, reversal is quite clear on the charts, fud is also over, market is looking positive, no negativity on media too at the moment, so we can safely conclude that we will have a good bullish cycle from here.

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February 21, 2018, 12:10:07 AM
Last edit: February 21, 2018, 12:22:10 AM by xxxx123abcxxxx
 #25


Top 5 cryptocurrencies have confirmed trend-reversals, evidence for the second leg of the Crypto Crash is mounting.
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February 22, 2018, 01:11:39 AM
 #26

BTC (4-hr):

BTC (Weekly):

BTC (Daily):

ADA:

BCH:

DSH:

EOS: g

ETH:

IOT:

LTC:

NEO:

TRX:

XMR:
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February 22, 2018, 04:56:38 AM
 #27

Indicators like elliott waves are really invalid for cryptocurrencies. They were invented to forecast prices in regulated markets. Cryptomarkets are new form markets which are affected mostly by psychology.
All altcoins will recover btw.

Elliot Waves theory is founded on market psychology, not because a market is regulated or not. The only argument I can give against Elliot Wave theory right now is that a large majority of aswell Stock as Crypto trades are being conducted by bots, who you can't psycho-analyze.

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February 22, 2018, 05:00:14 AM
 #28

BTC (4-hr):

BTC (Weekly):



Cool I'm looking forward to this, already expected this and well.. would be shitty if it all went up right after I sold wouldn't it?

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February 22, 2018, 10:39:46 AM
 #29

Indicators like elliott waves are really invalid for cryptocurrencies. They were invented to forecast prices in regulated markets. Cryptomarkets are new form markets which are affected mostly by psychology.
All altcoins will recover btw.
Elliot Waves theory is founded on market psychology, not because a market is regulated or not. The only argument I can give against Elliot Wave theory right now is that a large majority of aswell Stock as Crypto trades are being conducted by bots, who you can't psycho-analyze.
Bots are programmed by humans with presupposed human market psychology.
Self-learning AI bots are fed previous market data patterns based on human market psychology.
Human market psychology into a bot, equals, human market psychology out of a bot.
Nothing can stop the 2018 Crypto Crash.
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February 22, 2018, 03:02:47 PM
 #30

Lol what a funny thread guys. What this guy is saying? We are all going to die soon and all cryptos will crash?  Grin I dont think that this is going to happen, we are still in early stages and we are still not mainstream! Just hodl guys!
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February 23, 2018, 12:50:26 AM
Last edit: March 09, 2018, 05:15:11 AM by xxxx123abcxxxx
 #31

2018 Cryptocurrency Crash (Elliott Wave): Bear Market Resumes

Reddit crosspost: https://redd.it/7z8u6n
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February 23, 2018, 04:22:46 AM
 #32

I am not a bear trader, but some people make a kill trading the marketing, what is of concern to me is that looking at the chart it predicted the price could went as low as $4000 during the next crash, that will be a bloodbath. I know Elliot wave is very subjective but I have seen it in action before and the predictions was true then
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February 23, 2018, 05:27:33 AM
 #33

and if the price is back to $1000 as I see in the image then many people become stress because they buy bitcoin at the higher price and if they sell their bitcoin, they only get lost a big money. we don't know what will happen in this year and bitcoin itself has any chance to go up or even to go down so I think we need to be prepared for the worst thing that might happen later and we can get out for a while from the market and we can see that we still have a chance to buy bitcoin again at lower price.

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February 23, 2018, 06:21:17 AM
 #34

Hard to tell the future by an Elliott wave count . There are many good traders that have bullish counts with new highs coming in coming months.  Time will tell.
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February 28, 2018, 11:05:26 AM
 #35

Crypto market sometimes unpredictable and that is what makes this market interesting. No one can analysed it correctly. I dont think it will crash anytime soon. The fundamental is growing. More and more people using crypto and knows about it now. Goverment also will regulate it. No one can stop crypto.

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xxxx123abcxxxx (OP)
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March 15, 2018, 04:27:21 AM
 #36

Fare Thee Well Ten Thousand?

https://redd.it/842ssd
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March 15, 2018, 07:44:14 AM
 #37

Crypto market sometimes unpredictable and that is what makes this market interesting. No one can analysed it correctly. I dont think it will crash anytime soon. The fundamental is growing. More and more people using crypto and knows about it now. Goverment also will regulate it. No one can stop crypto.

we cannot predict cryptocurrency because it will always move up and down in anytime so today, we are going to see the cryptocurrency is down again. I see in every exchange, the red signal is shown again and almost all coin is down again. I wonder how much the price will get down and I hope that people are not panic because of this and will stay calm to wait for the price to go up again.

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March 15, 2018, 07:52:10 AM
 #38

there may be downfall in market predictions but crypto is non technical market irrespective of these technical predictions
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March 15, 2018, 07:59:52 AM
 #39

If you follow these charts it looks like a lot of opportunities to short the market.
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March 15, 2018, 08:14:41 AM
 #40

Fundamentally, there is no negativity towards crypto-currency. Now, I think there are manipulations of bitcoin prices, as a result of which the whole market is falling. Before bitcoin goes up, it is necessary that it consolidates for a while. In any case, black times have come for the Altcoins. The market will unfold globally not earlier than in 3-4 months and I think it will be in winter 2018. Crypto spring will not be

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