Bitcoin Forum
November 13, 2018, 11:23:00 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 ... 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 354294 times)
Tzupy
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
November 15, 2015, 02:33:06 PM
 #2001

Just did

im not buying anything until it goes below 300.
280 is a good threshold imo.

I think that's what most people are thinking. Which probably means we won't see sub-300, or if we do, it will be an instant rebound back up.

It doesn't matter what people on this forum think, it matters what the majority of Chinese gamblers traders think.

Sometimes, if it looks too bullish, it's actually bearish
1542151381
Hero Member
*
Offline Offline

Posts: 1542151381

View Profile Personal Message (Offline)

Ignore
1542151381
Reply with quote  #2

1542151381
Report to moderator
1542151381
Hero Member
*
Offline Offline

Posts: 1542151381

View Profile Personal Message (Offline)

Ignore
1542151381
Reply with quote  #2

1542151381
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1542151381
Hero Member
*
Offline Offline

Posts: 1542151381

View Profile Personal Message (Offline)

Ignore
1542151381
Reply with quote  #2

1542151381
Report to moderator
1542151381
Hero Member
*
Offline Offline

Posts: 1542151381

View Profile Personal Message (Offline)

Ignore
1542151381
Reply with quote  #2

1542151381
Report to moderator
sickpig
Legendary
*
Offline Offline

Activity: 1260
Merit: 1007


View Profile
November 15, 2015, 06:32:23 PM
 #2002

Just did

im not buying anything until it goes below 300.
280 is a good threshold imo.

I think that's what most people are thinking. Which probably means we won't see sub-300, or if we do, it will be an instant rebound back up.

It doesn't matter what people on this forum think, it matters what the majority of Chinese gamblers traders think.

in fact he said it's "what most people are thinking". no mention to people on this forum alone.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
November 15, 2015, 07:23:31 PM
 #2003

Intermediate abc seems to be building with Okcoin positioning net long by 59%



Shouldn't this have broken by now?

bloody took it's sweet time!

that was an e-f-g triangle where wave e extends into a triangle resulting in a very sharp beak down. it looks over. triangles are terminal. we are yet to retrace the abc from 3000 yuan by 62%, one way or the other I think we need to do this. this could offer an entry.

Afrikoin
Legendary
*
Offline Offline

Activity: 1456
Merit: 1003


alan watts is all you need


View Profile
November 23, 2015, 08:57:08 AM
 #2004

Is this a 5 wave down from top at $504? Looks weak and could break lower.

Or is it a 3 wave - a, b, c?




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





chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
November 25, 2015, 11:58:33 AM
 #2005

This triangle could be Z of wave of (B) (very exciting) or b of B (not very exciting)

we are aiming for a fib of the entire retrace.




SebastianJu
Legendary
*
Offline Offline

Activity: 2226
Merit: 1013


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
November 26, 2015, 07:49:02 PM
 #2006

This triangle could be Z of wave of (B) (very exciting) or b of B (not very exciting)

we are aiming for a fib of the entire retrace.





Good call, though was that chart actual when you posted it? Wasn't the price already higher at the time of your post?

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
Tzupy
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
November 26, 2015, 08:10:23 PM
 #2007

...
Good call, though was that chart actual when you posted it? Wasn't the price already higher at the time of your post?

No he didn't cheat, price was relatively flat for about 12h after chessnut's post.

Sometimes, if it looks too bullish, it's actually bearish
SebastianJu
Legendary
*
Offline Offline

Activity: 2226
Merit: 1013


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
November 26, 2015, 08:48:27 PM
 #2008

...
Good call, though was that chart actual when you posted it? Wasn't the price already higher at the time of your post?

No he didn't cheat, price was relatively flat for about 12h after chessnut's post.

That's interesting then. I mean if often enough ask myself, when we have such a waveform where the waves become thinner and thinner, where will the price break out to. I wonder if EW can give hints there...

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
pontikis13
Newbie
*
Offline Offline

Activity: 52
Merit: 0


View Profile
November 27, 2015, 04:09:43 PM
 #2009

Can someone please explain what chessnut means when he says "we are aiming for a fib of the entire retrace."  ?   Thank you
RyNinDaCleM
Legendary
*
Offline Offline

Activity: 2352
Merit: 1001


Legen -wait for it- dary


View Profile
November 27, 2015, 05:30:18 PM
 #2010

Can someone please explain what chessnut means when he says "we are aiming for a fib of the entire retrace."  ?   Thank you

The Fibonacci retrace of the entire drop from $500

chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
December 10, 2015, 02:53:46 AM
 #2011

We are at critical crossroads. Seems like two striking possibilities here in this excellent local EW form.

1-2 i-ii or abc. The one two chance begins with a primary wave extension, nothing wrong with this count but it is fragile, becoming invalid with a solid break under 2500. abc only just meets the B wave retrace level of a flat. This would take us lower to a limited downside. The bigger picture is Bullish in either case.




The Pharmacist
Legendary
*
Online Online

Activity: 1330
Merit: 1906



View Profile
December 10, 2015, 03:16:53 AM
 #2012

OMG, the original post looks like it was written by a bot.  I know it wasn't, however, but this reinforces my view that technical analysis is kakapoopoo at best.  It is interesting to me to see that "wave C" that was drawn, and to note that this is what we didn't see in the coming year.

Can't argue with a techie though.

chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
December 10, 2015, 03:45:19 AM
 #2013

OMG, the original post looks like it was written by a bot.  I know it wasn't, however, but this reinforces my view that technical analysis is kakapoopoo at best.  It is interesting to me to see that "wave C" that was drawn, and to note that this is what we didn't see in the coming year.

Can't argue with a techie though.

Yes you can.

Tzupy
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
December 10, 2015, 11:17:04 AM
 #2014

We are at critical crossroads. Seems like two striking possibilities here in this excellent local EW form.

1-2 i-ii or abc. The one two chance begins with a primary wave extension, nothing wrong with this count but it is fragile, becoming invalid with a solid break under 2500. abc only just meets the B wave retrace level of a flat. This would take us lower to a limited downside. The bigger picture is Bullish in either case.





I am thinking along the same lines, but with a bias towards the lower one (obviously, for a bear Grin).
Expecting the first correction about 6 hours from this post, of course if the small triangle breaks down.

Sometimes, if it looks too bullish, it's actually bearish
8up
Hero Member
*****
Offline Offline

Activity: 618
Merit: 500



View Profile
December 10, 2015, 12:05:55 PM
 #2015

We are at critical crossroads. Seems like two striking possibilities here in this excellent local EW form.

1-2 i-ii or abc. The one two chance begins with a primary wave extension, nothing wrong with this count but it is fragile, becoming invalid with a solid break under 2500. abc only just meets the B wave retrace level of a flat. This would take us lower to a limited downside. The bigger picture is Bullish in either case.





I am thinking along the same lines, but with a bias towards the lower one (obviously, for a bear Grin).
Expecting the first correction about 6 hours from this post, of course if the small triangle breaks down.

Agree with you Tzupy. Let's refresh all the indicators. Give it some time of stability and then we are up for the races.

Always wrong until not.
eboard10
Sr. Member
****
Offline Offline

Activity: 261
Merit: 250


View Profile
December 10, 2015, 01:57:53 PM
 #2016



Your 5 could also be a iii of 5.
Wexlike
Hero Member
*****
Offline Offline

Activity: 975
Merit: 1000


View Profile
December 10, 2015, 02:04:29 PM
 #2017

I think the FED decision in 5 days will have a big impact on the direction of your count.
Afrikoin
Legendary
*
Offline Offline

Activity: 1456
Merit: 1003


alan watts is all you need


View Profile
December 10, 2015, 04:22:22 PM
 #2018

We are at critical crossroads. Seems like two striking possibilities here in this excellent local EW form.

1-2 i-ii or abc. The one two chance begins with a primary wave extension, nothing wrong with this count but it is fragile, becoming invalid with a solid break under 2500. abc only just meets the B wave retrace level of a flat. This would take us lower to a limited downside. The bigger picture is Bullish in either case.

[img]https://www.tradingview.com/x/OVg6RiPI/

[img]https://www.tradingview.com/x/pZtkOb77/

I am thinking along the same lines, but with a bias towards the lower one (obviously, for a bear Grin).
Expecting the first correction about 6 hours from this post, of course if the small triangle breaks down.

Tzupy,

Curious, why are you bearish?



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





Tzupy
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
December 10, 2015, 04:30:52 PM
 #2019

...
Tzupy,

Curious, why are you bearish?

Because I believe this has run out of steam, and a correction (amplitude unknown) is due, but for now the little triangle broke up.
There is a bearish divergence in MACD in 1h and 2h, and soon the 6h PSAR (and then 12h) may flip to bearish.
Without the little pump that corrected lower than the start point, we would have an hour or two till the correction.
With the little pump, if there's going to be a correction, it will happen again while I'm asleep (I hope not).

Sometimes, if it looks too bullish, it's actually bearish
inca
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


View Profile
December 10, 2015, 06:36:14 PM
 #2020

...
Tzupy,

Curious, why are you bearish?

Because I believe this has run out of steam, and a correction (amplitude unknown) is due, but for now the little triangle broke up.
There is a bearish divergence in MACD in 1h and 2h, and soon the 6h PSAR (and then 12h) may flip to bearish.
Without the little pump that corrected lower than the start point, we would have an hour or two till the correction.
With the little pump, if there's going to be a correction, it will happen again while I'm asleep (I hope not).

Not sure how you can hope to be a good trader when you always pick one side of the trade by default. The price is the price and sometimes a quick glance at the chart tells you all you need to know - the line points up..
Pages: « 1 ... 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!