Bitcoin Forum
April 22, 2018, 12:52:58 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 »
  Print  
Author Topic: Critical Levels - EW analysis  (Read 354068 times)
Afrikoin
Legendary
*
Offline Offline

Activity: 1358
Merit: 1003


alan watts is all you need


View Profile
April 21, 2015, 07:59:30 AM
 #1461

https://www.tradingview.com/x/QvjyuWzn/?utm_content=buffer73ab9&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

 David Alcindor also calling for $260

Also this https://afbitcoins.wordpress.com/

Has trend lines at $210 and extended levels showing possible retracement supports (to $260 - as a spike perhaps?)

PS: I'm not discounting the overall bear/EW. I use EW + any other analysis i can get that makes sense.

EDIT: Pic




              ▄▄▄██████▄▄▄
          ▄██████████████████▄
       ▄████████████████████████▄
 ▄▄  ▄████████████████████████████▄
███████████████████████████████████▄
 ▀▀█████████████████████████████████▄
   ██████████████████████████████████
   ██████████████████████████████████
   ██████████████████████████████████
   ██████████████████████████████████
   ▀████████████████████████████████▀
    ▀██████████████████████████████▀
     ▀▀██████████████████████████▀
        ▀██████████████████████▀
           ▀▀▀████████████▀▀▀
.
.....
.....
.....
.....
.....
.....





1524401578
Hero Member
*
Offline Offline

Posts: 1524401578

View Profile Personal Message (Offline)

Ignore
1524401578
Reply with quote  #2

1524401578
Report to moderator
1524401578
Hero Member
*
Offline Offline

Posts: 1524401578

View Profile Personal Message (Offline)

Ignore
1524401578
Reply with quote  #2

1524401578
Report to moderator
1524401578
Hero Member
*
Offline Offline

Posts: 1524401578

View Profile Personal Message (Offline)

Ignore
1524401578
Reply with quote  #2

1524401578
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
oda.krell
Legendary
*
Offline Offline

Activity: 1456
Merit: 1005



View Profile
April 21, 2015, 12:13:59 PM
 #1462

No EW whatsoever. Sue me :D

- Price action since last week, while not exactly impulsive, differs from e.g. the December breakdown in that there seems to be less panic. Mildly bullish.

- Volume of the latest move on daily (~1 week) supports further downtrend through.

- Bid/Ask on BS and BF holding up so far, recovering even.

- Strongest case for the bears (imo): mid term momentum (~50 days on regular MA) is broken, which meant further price decline all throughout 2014.

- Case for the bulls: daily (bullish) divergence on MACD hist. We'll find out if only "delays the inevitable" (i.e. breakdown), or if we're finding support here (i.e. above 200). I lean towards the former (perhaps brief touch of ~240, then back to 210-220 and lower), but I'm not entirely ruling out a bullish scenario either.

Not sure which Bitcoin wallet to use? Take a look at Electrum.
Electrum is an open-source lightweight client: user friendly, fast, and guaranteed to keep your coins safe.
Get the executables (Windows, OSX, Linux, Android), source code and documentation on the Electrum homepage.
LFC_Bitcoin
Copper Member
Legendary
*
Online Online

Activity: 1316
Merit: 1053


★777Coin.com★ Fun BTC Casino!


View Profile
April 21, 2015, 01:20:22 PM
 #1463

No EW whatsoever. Sue me Cheesy

- Price action since last week, while not exactly impulsive, differs from e.g. the December breakdown in that there seems to be less panic. Mildly bullish.

- Volume of the latest move on daily (~1 week) supports further downtrend through.

- Bid/Ask on BS and BF holding up so far, recovering even.

- Strongest case for the bears (imo): mid term momentum (~50 days on regular MA) is broken, which meant further price decline all throughout 2014.

- Case for the bulls: daily (bullish) divergence on MACD hist. We'll find out if only "delays the inevitable" (i.e. breakdown), or if we're finding support here (i.e. above 200). I lean towards the former (perhaps brief touch of ~240, then back to 210-220 and lower), but I'm not entirely ruling out a bullish scenario either.

Covering all bases there?

Cheesy

'It might go up or it might go down'


Wink

oda.krell
Legendary
*
Offline Offline

Activity: 1456
Merit: 1005



View Profile
April 21, 2015, 01:38:52 PM
 #1464

...

Covering all bases there?

:D

'It might go up or it might go down'


;)

Hehe, sounded like that maybe, but not really what I meant... in numbers, I'd give it a 2:1 chance of further decline (informal probability model, before you ask). In terms of market bets, that's pretty damn close to saying "I'm certain. Almost." :P

Not sure which Bitcoin wallet to use? Take a look at Electrum.
Electrum is an open-source lightweight client: user friendly, fast, and guaranteed to keep your coins safe.
Get the executables (Windows, OSX, Linux, Android), source code and documentation on the Electrum homepage.
JustAnotherSheep
Full Member
***
Offline Offline

Activity: 239
Merit: 100



View Profile
April 21, 2015, 05:00:22 PM
 #1465

- Case for the bulls: daily (bullish) divergence on MACD hist. We'll find out if only "delays the inevitable" (i.e. breakdown), or if we're finding support here (i.e. above 200). I lean towards the former (perhaps brief touch of ~240, then back to 210-220 and lower), but I'm not entirely ruling out a bullish scenario either.
[Non-EW Post]
I have never really paid much attention to the MACD hist before, but I'm assuming you've used it previously in your analysis. How valid a signal would you say the histogram divergence is? Equal predictive value as regular MACD divs, or less so?
[/Non-EW Post]

Is it a bull? Is it a bear? No, it's just another sheep.
oda.krell
Legendary
*
Offline Offline

Activity: 1456
Merit: 1005



View Profile
April 21, 2015, 05:29:55 PM
 #1466

- Case for the bulls: daily (bullish) divergence on MACD hist. We'll find out if only "delays the inevitable" (i.e. breakdown), or if we're finding support here (i.e. above 200). I lean towards the former (perhaps brief touch of ~240, then back to 210-220 and lower), but I'm not entirely ruling out a bullish scenario either.
[Non-EW Post]
I have never really paid much attention to the MACD hist before, but I'm assuming you've used it previously in your analysis. How valid a signal would you say the histogram divergence is? Equal predictive value as regular MACD divs, or less so?
[/Non-EW Post]
Honestly, I'm not sure. I've previously asked two traders I respect (ryn and luc), and both said, more or less, they don't trust MACD histogram divergences much. I'm mentioning this because these two have a lot more experience in market analysis than I do.

In my own experience, the MACD hist is a pretty reliable, if nervous, momentum indicator, across time scales, so I would expect divergences on it to hold some value. But as with all divergences spotting them is one thing, but determining how much weight they carry at any given time is another (i.e. they can be neutralized, and they can come to effect with a delay).

tl;dr I don't know how much value you should assign to hist/f'' divergences exactly. I like to track them, and don't entirely dismiss them, but I suspect more experienced traders have a point when they say they're not too reliable.

/off topic

Not sure which Bitcoin wallet to use? Take a look at Electrum.
Electrum is an open-source lightweight client: user friendly, fast, and guaranteed to keep your coins safe.
Get the executables (Windows, OSX, Linux, Android), source code and documentation on the Electrum homepage.
h3speros
Full Member
***
Offline Offline

Activity: 189
Merit: 100



View Profile WWW
April 21, 2015, 05:53:45 PM
 #1467

No EW whatsoever. Sue me Cheesy

- Price action since last week, while not exactly impulsive, differs from e.g. the December breakdown in that there seems to be less panic. Mildly bullish.

- Volume of the latest move on daily (~1 week) supports further downtrend through.

- Bid/Ask on BS and BF holding up so far, recovering even.

- Strongest case for the bears (imo): mid term momentum (~50 days on regular MA) is broken, which meant further price decline all throughout 2014.

- Case for the bulls: daily (bullish) divergence on MACD hist. We'll find out if only "delays the inevitable" (i.e. breakdown), or if we're finding support here (i.e. above 200). I lean towards the former (perhaps brief touch of ~240, then back to 210-220 and lower), but I'm not entirely ruling out a bullish scenario either.



And i would dismiss MACD histograms div, but that is just me.

If we close above daily SMA20, MACD goes above zero, RSI goes above 50, then we could continue our correction from 166 bottom a bit more higher, but that doesn't mean that THE bottom/capitulation would be in. EDIT: Otherwise/likely we are bleeding until (maybe final) capitulation.

only crypto market predictions, no bullshit https://twitter.com/h3speros
Wandererfromthenorth
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
April 21, 2015, 08:53:20 PM
 #1468

This is my adjusted count. having recognized the clear form of the triangle the moment it resolved I should have seen this one earlier.

Note that having a clear impulse count down to the 1335 level (just 35yuan short of my minimum target) it is possible, but not overly probable, and certainly not confirmed that an ABC, the yellow count, is playing out. My dominant count is however unchanged, I think there is significant risk of sub 1000 yuan retest soon.



Looks like we reached your target now on OKCoin.
Natalia_AnatolioPAMM
Full Member
***
Offline Offline

Activity: 266
Merit: 100


View Profile
April 21, 2015, 09:16:45 PM
 #1469

Looks like we won't see 240? Seems like we're just going down instead

we definitley won't Sad
chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
April 22, 2015, 12:28:57 AM
 #1470


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
April 22, 2015, 12:31:47 AM
 #1471


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?
chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
April 22, 2015, 12:35:25 AM
 #1472


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?

No not that high. 240 would be a push.

coinableS
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000



View Profile WWW
April 22, 2015, 12:45:41 AM
 #1473


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?

No not that high. 240 would be a push.

Looks like your on track again chessnut, so next comes the drop according to your main count?

chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
April 22, 2015, 03:44:34 AM
 #1474


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?

No not that high. 240 would be a push.

Looks like your on track again chessnut, so next comes the drop according to your main count?

With the form of the triangle and thrust alone, I would be confident in looking for a medium term top here, but the potential of the dominant count is devastatingly bearish. it would be (iii) of iii to follow. What follows will be interesting to watch.

micalith
Hero Member
*****
Offline Offline

Activity: 670
Merit: 501


Blockchain Just Entered The Real World


View Profile
April 22, 2015, 09:47:50 AM
 #1475

I've been lurking here for months. Quite impressed.

I'd like to get round to learning EW soon. Could you recommend any books or courses? Cheers

      ███████████████████████
     ███▄ ▄▄▄▄   ▄▄▄█▀▀  █████
    ███  █▀  ▀█▀▀▀       ▐█ ███
   ███  ▄██▄▄█▀▄▄▄        █▌ ███
  ███ ▄█▀  █     ▀█▄▄     ▐█  ▐██
 ███▄█▀    █        ▀█▄▄  ▄▄▄ ██
████▀      █           ▀██▀   ▀█ ██
 ██▀█▄     █          ▄█▀▀█▄▄▄█▀██
  ██ ▀█▄   █      ▄▄█▀▀    ▐█  ██
   ██  ▀█▄█▀▀█▄▄█▀▀        █▌ ██
    ███  █▄  ▄█▀█▄▄▄      █▌███
     ███  ▀▀▀▀     ▀▀▀█▄▄▐████
      ███████████████████████

 ▄▄       ▄▄▄        ▄▄   ▄▄▄▄▄ 
  ▀█▄   ▄█▀ ▀█▄    ▄█▀ ▄█▀▀   ▀▀█▄
    ▀█▄█▀     ▀█▄▄█▀  ▐█         █▌
    ▄█▀█▄      ▄█▀    ▐█         █▌
  ▄█▀   ▀█▄  ▄█▀       █▄       ▄█
▄█▀       ▀██▀          ▀▀█▄▄▄█▀▀


Network
BLOCKCHAIN JUST ENTERED THE REAL WORLD
..Decentralized Crypto-Location Oracle Network.
.........GET WHITELISTED FOR TOKEN SALE ( Limited )..........

.WHITE PAPER.  ││  ANN Thread  Telegram   Medium   Twitter   Reddit
madmat
Legendary
*
Offline Offline

Activity: 952
Merit: 1000



View Profile
April 22, 2015, 09:52:10 AM
 #1476

I've been lurking here for months. Quite impressed.

I'd like to get round to learning EW soon. Could you recommend any books or courses? Cheers

You need to learn EW and trading. Good analysts are often wrong, but they know when to close a loosing position.


    ▄▄▄▄█████████▄▄   ▄▄█████████▄▄     
████████████████████████████████████████
████████▀▀▀▀▀▀▀▀▀███████▀▀▀▀▀▀▀▀▀▀██████
████                ▀                   
████                                   
████                                   
████        ▄▄▄▄▄       ▄▄▄▄▄▄         
████     ███████████▄█████████████▄▄▄▄ 
████   ████▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀█████████
████                                ████
████                                ████
████                                ████
████       ▄▄▄▄▄▄       ▄▄▄▄▄▄▄     ████
████    ████████████▄█████████████▄▄████
████████████████████████████████████████
█████████▀▀▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀▀▀███████





















.Whitepaper.
.Facebook.
.Twitter.
.Telegram.
.Discord.
.Github.
bigtimespaghetti
Legendary
*
Online Online

Activity: 1260
Merit: 1042


www.anarcoins.com


View Profile WWW
April 22, 2015, 10:03:11 AM
 #1477

I've been lurking here for months. Quite impressed.

I'd like to get round to learning EW soon. Could you recommend any books or courses? Cheers

Martin J Pring is a good starting point in my opinion. You can find PDFs and seminars easily available on the internet, and his books are pretty popular too.




     ▓▒░   ░░▒▓▓
       ▓▒░   ░░▒▓▓
    ▓▒░   ░░▒▓█
   ▓▒░   ░░▒▓█
     █▓▒░     ░▒▓█
   █▓▒░     ░▒▓█

    ▓▒░   ░░▒▓▓
  ▓▒░   ░░▒▓▓
    ▓▒░   ░░▒▓█
   ▓▒░   ░░▒▓█
    █▓░   ░░▒▓█
  █▓▒░     ░░▒▓█
     █▓▒░     ░▒▓█
   █▓▒░     ░▒▓█
Physical Coin Making Guide Book and eBook- Make your own physical crypto coins and wallets!
  ▓▒░   ░░▒▓▓
▓▒░   ░░▒▓▓
   ▓▒░    ░░▒▓█
    ▓▒░    ░░▒▓█
     ▓▒░    ░░▒▓█
  █▓░     ░░▒▓█
█▓▒░     ░░▒▓█
  █▓▒░     ░▒▓█



     ▓▒░   ░░▒▓▓
     ▓▒░    ░░▒▓█
   ▓▒░    ░░▒▓█
        ▓▒░    ░░▒▓█
     █▓░     ░░▒▓█
  █▓▒░     ░░▒▓█
WhatTheGox
Legendary
*
Offline Offline

Activity: 812
Merit: 1000



View Profile
April 22, 2015, 12:56:06 PM
 #1478


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?

No not that high. 240 would be a push.

Im going to make a prediction now that will will smash through 240 very easy, the market is just sat below charging up for another run.  Lets see if im wrong in a few days Smiley
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
April 22, 2015, 03:49:13 PM
 #1479


Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?

No not that high. 240 would be a push.

Looks like your correct.  We just got near 240 (239) and a 5k wall popped up right there along with heavy ask's going all the way up.
bigtimespaghetti
Legendary
*
Online Online

Activity: 1260
Merit: 1042


www.anarcoins.com


View Profile WWW
April 22, 2015, 05:57:09 PM
 #1480

I'm just going to quietly leave this here  Wink

https://1broker.com/m/r.php?i=3589


Thanks for thread, as always

What's the big deal? I was trading bitcoin with plus500 more than a year ago.




     ▓▒░   ░░▒▓▓
       ▓▒░   ░░▒▓▓
    ▓▒░   ░░▒▓█
   ▓▒░   ░░▒▓█
     █▓▒░     ░▒▓█
   █▓▒░     ░▒▓█

    ▓▒░   ░░▒▓▓
  ▓▒░   ░░▒▓▓
    ▓▒░   ░░▒▓█
   ▓▒░   ░░▒▓█
    █▓░   ░░▒▓█
  █▓▒░     ░░▒▓█
     █▓▒░     ░▒▓█
   █▓▒░     ░▒▓█
Physical Coin Making Guide Book and eBook- Make your own physical crypto coins and wallets!
  ▓▒░   ░░▒▓▓
▓▒░   ░░▒▓▓
   ▓▒░    ░░▒▓█
    ▓▒░    ░░▒▓█
     ▓▒░    ░░▒▓█
  █▓░     ░░▒▓█
█▓▒░     ░░▒▓█
  █▓▒░     ░▒▓█



     ▓▒░   ░░▒▓▓
     ▓▒░    ░░▒▓█
   ▓▒░    ░░▒▓█
        ▓▒░    ░░▒▓█
     █▓░     ░░▒▓█
  █▓▒░     ░░▒▓█
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!