Topic: 2018 Cryptocurrency Crash (Elliott Wave) - page 3. (Read 1281 times)
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.
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
2018 Cryptocurrency Crash (Elliott Wave): Bear Market Resumes
Reddit crosspost: https://redd.it/7z8u6n
Reddit crosspost: https://redd.it/7z8u6n
Lol what a funny thread guys. What this guy is saying? We are all going to die soon and all cryptos will crash? 
I dont think that this is going to happen, we are still in early stages and we are still not mainstream! Just hodl guys!
I dont think that this is going to happen, we are still in early stages and we are still not mainstream! Just hodl guys! 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. All altcoins will recover btw.
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.
BTC (4-hr): 
BTC (Weekly):
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?
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.
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.
BTC (4-hr):
BTC (Weekly):
BTC (Daily):
ADA:
BCH:
DSH:
EOS:
g
ETH:
IOT:
LTC:
NEO:
TRX:
XMR:
BTC (Weekly):
BTC (Daily):
ADA:
BCH:
DSH:
EOS:
gETH:
IOT:
LTC:
NEO:
TRX:
XMR:
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
1. https://uk.tradingview.com/chart/BTCUSD/3IVGEP9P-2018-Cryptocurrency-Crash-Elliott-Wave-Recommencing/
2. https://uk.tradingview.com/u/stevepuri/#published-charts
Top 5 cryptocurrencies have confirmed trend-reversals, evidence for the second leg of the Crypto Crash is mounting.
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.
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
cheers
You sound emotional. Go and lie down/climb a mountain before you trade again!
The second leg of the Crypto Crash my 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
1. https://uk.tradingview.com/chart/BTCUSD/3IVGEP9P-2018-Cryptocurrency-Crash-Elliott-Wave-Recommencing/
2. https://uk.tradingview.com/u/stevepuri/#published-charts
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?
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
1. https://uk.tradingview.com/chart/BTCUSD/3IVGEP9P-2018-Cryptocurrency-Crash-Elliott-Wave-Recommencing/
2. https://uk.tradingview.com/u/stevepuri/#published-charts
Best Elliott wave counts are in hindsight only! Hard to do an objective wave count and every wave counter
usually has a different count. These counts are painting a very bearish picture and will be left in dust if
cryptos launch a strong rally soon.
usually has a different count. These counts are painting a very bearish picture and will be left in dust if
cryptos launch a strong rally soon.
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.
TA work on cryptocurrencies. FA is most significant influence but TA work also. When we have flat or no strong FA events indicators and filters work excellent. But you can not believe. All altcoins will recover btw.
I tend to look at RSI and volume, especially historic price+volume as an indicator.
RSI sometime back turned below 30, I think its a good signal that the correction is nearing its end...
Would like to know others thoughts...
Though the bears may try again, but the pullback from 7960$ was with really high volumes, I dont think they can break through, but this is life anything can happen!
The next support will be 7800 in that case. But overall I think bears will have a really hard time now at every stage.
God bless us all!
RSI sometime back turned below 30, I think its a good signal that the correction is nearing its end...
Would like to know others thoughts...
Though the bears may try again, but the pullback from 7960$ was with really high volumes, I dont think they can break through, but this is life anything can happen!
The next support will be 7800 in that case. But overall I think bears will have a really hard time now at every stage.
God bless us all!
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.
All altcoins will recover btw.
Elliot Waves is forecast only. Too many facts and manipulation events from whales and banks strongly influence and shift in the right direction. That's why EW work but with some amendments.
I started talking Elliott Wave analysis serious when I saw it in action last year, predicting the price of Ethereum, I will definitely be piling up BTC at any price below $4000, that is 5X return from the ATH, one thing about Elliott waves is that it is a subjective analysis and one need more data before concluding on the chart
this is just a predictions with your trading system, i believe next week all cryptocurrency price will be green again
but, everyone has different view on it,
so lets see what will happend in this year my friend
but, everyone has different view on it,
so lets see what will happend in this year my friend
Jump to: