Topic: 'A Technical View of Bitcoin' | Analysis by WSC team (Read 1423 times)
A very good read.
I'm gonna give this 1 more bump before I let it sink into the archives.
Thanks everyone for all of your support.
Thanks everyone for all of your support.
Worth reading alone for the extremely spot on comment about EW theory. He sounds like a Elliot skeptic who's using it (with extreme caution) anyway. I like that a lot.
+1
Never become a zealot for a specific method. Make sure to know the applicability and, more importantly, the limitations of the methods you use.
If your only tool is a hammer, every problem will look like a nail
I agree, I think too many analysts miss the fact that TA/Indicators are parts of a language--not a formula.
not clicking link, please post it here
Why not? If you're running Adblock and Disconnect and you have the Java plugin disabled I doubt any harm will come by clicking a link
lol right, I've been spamming the shit out of the forum for a month now and no one has gotten a virus. BTW if you feel like doing us a favor, our ad placement isn't at all obnoxious/obstructive.
Maybe disable for our page pretty please
, its just 2 in the sidebar!
I feel that I should show my appreciation in this thread as well. I have several different sources that I use for technical analysis.. now I have one more. The good ones all seem to lean somewhat in the same direction, if not exactly the same but at least it helps me to make better and more informed decisions. So thank you for this.
Worth reading alone for the extremely spot on comment about EW theory. He sounds like a Elliot skeptic who's using it (with extreme caution) anyway. I like that a lot.
+1
Never become a zealot for a specific method. Make sure to know the applicability and, more importantly, the limitations of the methods you use.
If your only tool is a hammer, every problem will look like a nail
Worth reading alone for the extremely spot on comment about EW theory. He sounds like a Elliot skeptic who's using it (with extreme caution) anyway. I like that a lot.
not clicking link, please post it here
Why not? If you're running Adblock and Disconnect and you have the Java plugin disabled I doubt any harm will come by clicking a link
not clicking link, please post it here
Sad day for you, we like web traffic.
Interesting read!. It says "When it comes to support levels to the downside, the big three are $772, $724, and $638, as seen on the 4-Hour bars". Interesting that we just stopped at 770 on Bitstamp. Will be interesting to see how this pans out
Yeah...I had the mind to close my short about then but I thought better off it.
The more things develop, the more I am convinced I am making the right move to hold out.
Low $700's ahead I would say.
Finally you succeed pulling down btc under 800
I was $1200 up on my short at one point, but got out with just $700. Now I am a bull again....but most likely only on a temporary basis....perhaps very temporary. Keeping close eye on what Huobi is doing. When these guys stop partying, this whole shit slams down.
That $765 support has been slammed into once again. At some point, it is going to give.
Interesting read!. It says "When it comes to support levels to the downside, the big three are $772, $724, and $638, as seen on the 4-Hour bars". Interesting that we just stopped at 770 on Bitstamp. Will be interesting to see how this pans out
Yeah...I had the mind to close my short about then but I thought better off it.
The more things develop, the more I am convinced I am making the right move to hold out.
Low $700's ahead I would say.
Finally you succeed pulling down btc under 800
not clicking link, please post it here
Great analysis -- among the best stuff I've read about the BTC market situation in the last weeks.
One thing though: It would be useful if you explicitly mentioned somewhere in the text that you're using BTC-E numbers. Neither the text nor your charts are clear about this.
One thing though: It would be useful if you explicitly mentioned somewhere in the text that you're using BTC-E numbers. Neither the text nor your charts are clear about this.
Your right about that, we all use btc-e numbers but its not mentioned on the site.
Thanks for that!
Great analysis -- among the best stuff I've read about the BTC market situation in the last weeks.
One thing though: It would be useful if you explicitly mentioned somewhere in the text that you're using BTC-E numbers. Neither the text nor your charts are clear about this.
One thing though: It would be useful if you explicitly mentioned somewhere in the text that you're using BTC-E numbers. Neither the text nor your charts are clear about this.
Interesting read!. It says "When it comes to support levels to the downside, the big three are $772, $724, and $638, as seen on the 4-Hour bars". Interesting that we just stopped at 770 on Bitstamp. Will be interesting to see how this pans out
Yeah...I had the mind to close my short about then but I thought better off it.
The more things develop, the more I am convinced I am making the right move to hold out.
Low $700's ahead I would say.
Interesting read!. It says "When it comes to support levels to the downside, the big three are $772, $724, and $638, as seen on the 4-Hour bars". Interesting that we just stopped at 770 on Bitstamp. Will be interesting to see how this pans out
Ruien is extremely talented, I would be shocked if he were wrong.
Interesting read!. It says "When it comes to support levels to the downside, the big three are $772, $724, and $638, as seen on the 4-Hour bars". Interesting that we just stopped at 770 on Bitstamp. Will be interesting to see how this pans out
Nice analysis!
http://www.wallstreetcrypto.net/2014/01/a-technical-view-of-bitcoin.html
An analysis using Elliot Wave Theory, and displaced moving averages by our new market analyst. I really great and very technical piece, he also happens to live in China so he can help cut through the hype on many of the rumors we hear about our friends to the East.
Enjoy, and let us know your thoughts in the comments. We have a fancy new comment system we're excited to see at work!
An analysis using Elliot Wave Theory, and displaced moving averages by our new market analyst. I really great and very technical piece, he also happens to live in China so he can help cut through the hype on many of the rumors we hear about our friends to the East.
Enjoy, and let us know your thoughts in the comments. We have a fancy new comment system we're excited to see at work!
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