Ryans' log

[CoinBurner]

I've lost so much time with busy things, that I kind of got out of my groove. 

you did great, don't feel that way

+ 1
to be honest nobody would have imagined a slaughter of this proportion... and it seems we still have some way to go 

[h3speros]

I've lost so much time with busy things, that I kind of got out of my groove.  

you did great, don't feel that way

+ 1
to be honest nobody would have imagined a slaughter of this proportion... and it seems we still have some way to go  

naah, it's going to bounce soon 378 could be the bottom for now

EDIT. daily rsi has not been so oversold in btcwisdoms history =D

[Queeq]

Bitstamp's chart from 404 to 378 looks clearly like ending diagonal.

[RyNinDaCleM]

Bitstamp's chart from 404 to 378 looks clearly like ending diagonal.

Looks nested to me

[RyNinDaCleM]

I am still waiting on the c of (iv) from yesterday's chart. We seem to be making a Bull flag at the moment. It should be nearly finished. No real target for the b, but the top of (iv) is looking like $416-430 if buyers can get their bounce on. We'll see

[RyNinDaCleM]

Flag target hit, as well as the (iv) from the chart is post 345


Will the bears start to push back again??

[Raystonn]

They have been.  Victory has defeated them.

[montreal]

...We seem to be making a Bull flag at the moment. It should be nearly finished. No real target for the b, but the top of (iv) is looking like $416-430 if buyers can get their bounce on. We'll see

textbook, nice call!

[h3speros]

im still patiently waiting for 420+ to give my coins back to bulls, middle finger formation to 430 would be perfect =)

[CoinBurner]

im still patiently waiting for 420+ to give my coins back to bulls, middle finger formation to 430 would be perfect =)

seems to me like ending diagonal (the v of c of (iv) ) it doesn't seem to be able to push much higher

[h3speros]

im still patiently waiting for 420+ to give my coins back to bulls, middle finger formation to 430 would be perfect =)

seems to me like ending diagonal (the v of c of (iv) ) it doesn't seem to be able to push much higher

ill give it little more time, im selling little if we go to 410

[Eastwind]

im still patiently waiting for 420+ to give my coins back to bulls, middle finger formation to 430 would be perfect =)

seems to me like ending diagonal (the v of c of (iv) ) it doesn't seem to be able to push much higher

ill give it little more time, im selling little if we go to 410

What is your cost?

[h3speros]

im still patiently waiting for 420+ to give my coins back to bulls, middle finger formation to 430 would be perfect =)

seems to me like ending diagonal (the v of c of (iv) ) it doesn't seem to be able to push much higher

ill give it little more time, im selling little if we go to 410

What is your cost?

cost? now we had that rise to 420+

[Remember remember the 5th of November]

@RyNinDaCleM

I see you are using sierracharts, but what are the names of the tools(or drawings if it made no sense) you are using to analyze the price?

[vuduchyld]

Damn, Ryan...you are goooooooooood!

Impressive history of calls in this thread. Wow.

[JustAnotherSheep]

@RyNinDaCleM

I see you are using sierracharts, but what are the names of the tools(or drawings if it made no sense) you are using to analyze the price?

I'm wondering the same. More specifically about the EWO. Can't seem to find it anywhere in Sierrachart so I'm assuming it's a custom study? If so, would you mind sharing the parameters used for it?

Also for some contribution to your thread, it seems to me that, provided bulls don't suddenly give a massive push, there will be 3 concurrent bear divs on 15m which may signal a top here in $430 range.



At least I hope so. Missed the swing since I thought it'd go to $350-360 before a spike

[h3speros]

@RyNinDaCleM

I see you are using sierracharts, but what are the names of the tools(or drawings if it made no sense) you are using to analyze the price?

I'm wondering the same. More specifically about the EWO. Can't seem to find it anywhere in Sierrachart so I'm assuming it's a custom study? If so, would you mind sharing the parameters used for it?

Care to give a very brief rundown on what "study subgraph difference" is? A quick Google search gives me the idea it might be a MACD-like momentum indicator, but based on Hull MA instead of SMA/EMA? Yes/No?

Study subgraph is just a generic term for one of the custom indicators (called studies in Sierrachart). Difference is exactly as it sounds... It's the difference between two inputs of choice. In this case, it's the difference between two moving averages.
This can also be done using MACD and the histogram would act as the "Difference".

This might help little bit.

[lebing]

nice call with the bull flag Ryn 

[scaryzet]

EWO indicator is just 5/34 MACD for OHLC average. Can be done in SierraChart as follows (F6 -> Add MACD -> Settings):

https://i.imgur.com/ok2bhqx.png

Also you won't need the "MA" and the "Difference" lines, so hide them:

https://i.imgur.com/VmeoU5R.png

The result looks like this:

https://i.imgur.com/g4BoCXv.png

EWO helps to identify waves 3, 4, 5. Also can be used to distinguish corrections from impulses.

A good reading on EWO: http://www.esignal.com/support/advancedget/manual/eSignal_Manual_ch7.pdf

Also google for "Elliott Wave Oscillator".

[JustAnotherSheep]

EWO indicator is just 5/34 MACD for OHLC average. Can be done in SierraChart as follows (F6 -> Add MACD -> Settings):

Also you won't need the "MA" and the "Difference" lines, so hide them:

The result looks like this:

EWO helps to identify waves 3, 4, 5. Also can be used to distinguish corrections from impulses.

A good reading on EWO: http://www.esignal.com/support/advancedget/manual/eSignal_Manual_ch7.pdf

Also google for "Elliott Wave Oscillator".

Very interesting, thanks! Just getting started with learning this Elliott Wave witchcraft, and that particular indicator seems incredibly useful