Monopoly
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August 30, 2015, 06:15:35 PM |
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Even though this method of counting waves is somewhat uncommon, I guess many could find it useful to get an idea of what Bitcoin is really doing (courtesy of too-bad). We will see support line $170 again after this if bitcoin has Power for rising it will show itself ...........
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BitcoinNewsMagazine
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September 05, 2015, 07:56:11 PM |
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As i am new to Eliot wave theory, could someone please tell me whats wrong with this: That is a valid Elliott Wave count. masterluc believes we are in running III right now.
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Calabi–Yau Manifold
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September 13, 2015, 12:37:16 PM |
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Chart above is rekt now Thread is pretty dead - Chessnut gave up with thread?
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BitcoinNewsMagazine
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September 13, 2015, 04:08:38 PM |
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Chart above is rekt now Thread is pretty dead - Chessnut gave up with thread? Nothing is wrecked unless the Jan. 13 $152.4 low on Bitstamp is taken out. Unless that happens masterluc's EW count is as valid as any, more than most.
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Afrikoin
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alan watts is all you need
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September 27, 2015, 12:05:01 AM |
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Chess nut where are you? I miss all your charts and forecasts, RESPECT
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sidhujag
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September 27, 2015, 03:15:33 AM |
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I hope he didnt lose his shirt from margin
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sidhujag
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September 27, 2015, 04:38:35 AM |
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Oh man, now hes fighting an uphill battle
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Chef Ramsay
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September 27, 2015, 05:23:02 AM |
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Dropping a USD/JPY chart isn't very helpful, he can do a lot better than that in regards to bitcoin. No wonder it wasn't posted here by him. No offense Chess if and when you see this.
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bloods-n-cryptos
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September 28, 2015, 07:26:17 PM |
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Any other active EW posts?
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Any information provided in my posts is for educational purposes only and is not to be considered legal advice, but you already knew that.
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madmat
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September 28, 2015, 08:01:51 PM |
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Any other active EW posts?
Bitcoin is dead mate, deal with it.
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prophetx
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he who has the gold makes the rules
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September 30, 2015, 08:47:42 AM |
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fontas posted a chart that btc is going to the moon in about 18 months...
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Check-0
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September 30, 2015, 09:07:53 AM |
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link please ?
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He иcкyшaй мeня, ибo нeoбyздaн я в жeлaнияx cвoиx... Xoчeшь я взopвy вce звeзды и Зaвтpa нe нacтyпит никoгдa..?
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prophetx
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he who has the gold makes the rules
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September 30, 2015, 09:54:50 AM |
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Check-0
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September 30, 2015, 10:33:55 AM |
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thanks for link mate !
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He иcкyшaй мeня, ибo нeoбyздaн я в жeлaнияx cвoиx... Xoчeшь я взopвy вce звeзды и Зaвтpa нe нacтyпит никoгдa..?
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coinableS
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September 30, 2015, 12:51:49 PM |
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Yea that's pretty out there. Not the first time I've seen someone hint that we are in the lull similar to 2 years ago before the run up. I don't think it will repeat with such accuracy, but I wouldn't mind if it did
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eboard10
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October 03, 2015, 12:34:14 PM |
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I tried playing with Elliott Wave theory on LTCBTC and the medium term prospect looks considerably more bearish than Bitcoin. Still, a huge buying opportunity lies ahead for Litecoin. FWIW. LTCBTC - Patience Pays $$$
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RyNinDaCleM
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Legen -wait for it- dary
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October 03, 2015, 01:30:07 PM |
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I tried playing with Elliott Wave theory on LTCBTC and the medium term prospect looks considerably more bearish than Bitcoin. Still, a huge buying opportunity lies ahead for Litecoin. FWIW. LTCBTC - Patience Pays $$$It is impossible, on the longer term, to count LTC/BTC. It's somewhat of a derivative that is dictated by the BTC/USD price and LTC/USD price. To an Elliott Waver, that chart looks corrective since it has so much overlap, too.
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eboard10
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October 03, 2015, 01:52:01 PM |
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I tried playing with Elliott Wave theory on LTCBTC and the medium term prospect looks considerably more bearish than Bitcoin. Still, a huge buying opportunity lies ahead for Litecoin. FWIW. LTCBTC - Patience Pays $$$It is impossible, on the longer term, to count LTC/BTC. It's somewhat of a derivative that is dictated by the BTC/USD price and LTC/USD price. To an Elliott Waver, that chart looks corrective since it has so much overlap, too. I don't see why it would be impossible for LTCBTC to follow a count. Since Litecoin, like all other major cryptocurrencies with large enough volumes, is inexorably tied to its big brother, it will follow a similar pattern and the LTCBTC trend should therefore be bound by the general EW rules. I do agree, however, that because LTCBTC trades in much smaller volumes than LTCUSD or LTCCNY, the price won't necessarily follow the Fibonacci retracements and extensions (in the commentary of the article linked above, I did mention that the price could go lower than the 94% retracement). Still, it should follow the general rules of impulsive and corrective waves (5-3, a-b-c etc.).
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JustAnotherSheep
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October 03, 2015, 02:05:27 PM |
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Still, it should follow the general rules of impulsive and corrective waves (5-3, a-b-c etc.).
Like Ryan said, yours already broke the rules for a valid impulse as both your (4)-(1) and 4-1 overlap, which afaik is only allowed for an impulsive count within a leading or ending diagonal.
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Is it a bull? Is it a bear? No, it's just another sheep.
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