we're going up.
Luc was right about going up *eventually*
but he got the pattern wrong. no giant triangle consolidation this time.
Topic: Analysis - page 103. (Read 941579 times)
I want to say upwards in general but MLs timing and price targets make me question all rationale. 4900 CNY and we should be back on.
Check out these futures contracts which got nuked.
https://twitter.com/whalecalls
Just a bloodbath for margin longs.
Check out these futures contracts which got nuked.
https://twitter.com/whalecalls
Just a bloodbath for margin longs.
(sorry to spam kitten pics)
lol, it is 683 now...
edit: 680
edit: 680
yep, on it's way.
Right on schedule. Damn.
I want to say upwards in general but MLs timing and price targets make me question all rationale. 4900 CNY and we should be back on.
Check out these futures contracts which got nuked.
https://twitter.com/whalecalls
Just a bloodbath for margin longs.
Check out these futures contracts which got nuked.
https://twitter.com/whalecalls
Just a bloodbath for margin longs.
I think we will see a significant surge upwards, vast amounts of margin longs got liquidated exaggerating the crash.
upwards "from here" or upwards in general beyond 750?
I think we will see a significant surge upwards, vast amounts of margin longs got liquidated exaggerating the crash.
lol, it is 683 now...
edit: 680
edit: 680
yep, on it's way.
According to MasterLuc this is where we stop and bleed off to approx 580 in early January. He's been right so many times, if Bitcoin does this Ill be blown away.
so it seems he's right again. We topped at 744 as the img above indicate. The estimate precision on both axis (time and value) is indeed mind blowing.
Current correction is not sizable enough: according to posted graph, we'd have first to go down to ~650 now pretty promptly, then slowly back up to 700 somewhere mid-December and after that "bleed to 580 in Jan".
Maybe we shouldn't attribute too much precision to those lines. But who knows. Materluc has been astonishingly correct many times in the past, so I wouldn't be surprised if it played out exactly like that.
lol, it is 683 now...
edit: 680
According to MasterLuc this is where we stop and bleed off to approx 580 in early January. He's been right so many times, if Bitcoin does this Ill be blown away.
so it seems he's right again. We topped at 744 as the img above indicate. The estimate precision on both axis (time and value) is indeed mind blowing.
Current correction is not sizable enough: according to posted graph, we'd have first to go down to ~650 now pretty promptly, then slowly back up to 700 somewhere mid-December and after that "bleed to 580 in Jan".
Maybe we shouldn't attribute too much precision to those lines. But who knows. Materluc has been astonishingly correct many times in the past, so I wouldn't be surprised if it played out exactly like that.
According to MasterLuc this is where we stop and bleed off to approx 580 in early January. He's been right so many times, if Bitcoin does this Ill be blown away.
so it seems he's right again. We topped at 744 as the img above indicate. The estimate precision on both axis (time and value) is indeed mind blowing.
Triangles always get broken ... it's just now or later?
That high on the graph was about 730-740 on stamp, we hit 744. What comes next, Moon or Doom?
Triangles always get broken ... it's just now or later?
According to MasterLuc this is where we stop and bleed off to approx 580 in early January. He's been right so many times, if Bitcoin does this Ill be blown away.
there is a strong resistance point (5184 yuan) approaching shortly so be careful with buying right now.
It's November. Resistance is futile
EDIT: joke aside: that point would be a good opportunity to draw a handle to the cup starting mid-June. If that subsequently played out we could do the same again at ATH for the 3 year cup and then blow all expectations to shreds. Timeframe: xmas would be good, no?
EDIT2: It would also confirm my wild speculation that a halfing starts to take effect (the effect being a epic rally) with a ~ 3 month delay (like last time in January '13). Of course now everybody already forgot the halfing event and will attribute a rally to something else (also like last time). I frankly don't care
Yup that is quite likely, good call.
If that confirms, the ATH is not far away so that will be interesting.
there is a strong resistance point (5184 yuan) approaching shortly so be careful with buying right now.
It's November. Resistance is futile
EDIT: joke aside: that point would be a good opportunity to draw a handle to the cup starting mid-June. If that subsequently played out we could do the same again at ATH for the 3 year cup and then blow all expectations to shreds. Timeframe: xmas would be good, no?
EDIT2: It would also confirm my wild speculation that a halfing starts to take effect (the effect being a epic rally) with a ~ 3 month delay (like last time in January '13). Of course now everybody already forgot the halfing event and will attribute a rally to something else. I frankly don't care
Keeping a close look at that potential Cup and handle forming as you mentionned!
there is a strong resistance point (5184 yuan) approaching shortly so be careful with buying right now.
It's November. Resistance is futile
EDIT: joke aside: that point would be a good opportunity to draw a handle to the cup starting mid-June. If that subsequently played out we could do the same again at ATH for the 3 year cup and then blow all expectations to shreds. Timeframe: xmas would be good, no?
EDIT2: It would also confirm my wild speculation that a halfing starts to take effect (the effect being a epic rally) with a ~ 3 month delay (like last time in January '13). Of course now everybody already forgot the halfing event and will attribute a rally to something else (also like last time). I frankly don't care
there is a strong resistance point (5184 yuan) approaching shortly so be careful with buying right now.
Well it seems that the predicted triangle is broken?
There was no triangle.
Well it seems that the predicted triangle is broken?
Help us to see the light.
he did:
Repeat half year old post ($230). Price is in safe multi year buy zone.
just keep buying, you'll see the light
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