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Topic: Analysis - page 193. (Read 941563 times)

full member
Activity: 121
Merit: 100
May 14, 2015, 11:18:42 PM
Hehe, I am a noob trader. I was on the road and once back home I found my stop order triggered, too. I started to feel bad, but now I know that I am in very good society. On the other hand I have lost 25% of my balance in the last 2 weeks. I think I should feel bad anyways.
Nonetheless, thanks to masterluc. Without his predictions (besides chessnut, Ryn, Tzupy etc.) I would never had an opportunity to earn the money I have lost now in the first place.

TL:DR: I am drunken and I love you all.
full member
Activity: 167
Merit: 100
May 14, 2015, 08:09:13 PM
definately

Guess what we could do now is just sit and wait until we've better idea of how it is going to develop?
legendary
Activity: 938
Merit: 1013
May 14, 2015, 05:57:54 PM
definately
full member
Activity: 167
Merit: 100
May 14, 2015, 05:35:28 PM
I said, its a quite risky bullish scenario.

The long term log trendline resides now at around 290 and falling



The current bullish escape channel and progress is here. But be warned - it looks like bearish wedge so far (but may blow up and form 2nd green channel). I'd keep stop order for bullish position right below bottom green line.



Also I dont like continous hidden bearish divergences




Did the plummet to 232.22 just hit your stop order?
legendary
Activity: 938
Merit: 1013
May 14, 2015, 11:35:10 AM
masterluc how do you feel about DanV analysis calling for completion of eight wave cycle at $90 - $110?

The empty space down to bottom long term log trend line suggests some shit like this may happen.
legendary
Activity: 1806
Merit: 1164
May 14, 2015, 11:24:46 AM
masterluc how do you feel about DanV analysis calling for completion of eight wave cycle at $90 - $110?
legendary
Activity: 938
Merit: 1013
May 14, 2015, 10:54:34 AM
I said, its a quite risky bullish scenario.

The long term log trendline resides now at around 290 and falling



The current bullish escape channel and progress is here. But be warned - it looks like bearish wedge so far (but may blow up and form 2nd green channel). I'd keep stop order for bullish position right below bottom green line.



Also I dont like continous hidden bearish divergences


full member
Activity: 167
Merit: 100
May 14, 2015, 10:39:07 AM
stop raised to 229 (trend line), sell 50% now imho

Given the trend these days, is it still likely that the price will reach 290 in the near future? Or a coming plummet is expected?
legendary
Activity: 1011
Merit: 1006
May 11, 2015, 02:42:52 PM
Call him just Lucif.
hero member
Activity: 723
Merit: 503
May 11, 2015, 07:58:50 AM
was watching the empire strike back yesterday and just realized that your nickname might come from C3PO calling luke skywalker "master luke"
legendary
Activity: 938
Merit: 1013
May 11, 2015, 04:05:45 AM
No
full member
Activity: 167
Merit: 100
May 10, 2015, 11:20:07 PM

One more condition - blow up long term log trend line.

But in my opinion, there should be a long silence period after week upper bb hit + collapse to weekly 20 sma.

You mean a bottom could be recognized after 1) week upper bb hit; 2) blow up long term log trend line and 3) collapse to weekly 20 sma ?
After the above three conditions met, there should be a long silence period before the next price soaring.
Is my understanding correct?
legendary
Activity: 938
Merit: 1013
May 10, 2015, 08:19:30 PM
Downtrend is comming, 290 is upper line hard resistance now (I wrote 300+ some time ago).

I couldn't help but notice that 290 is also near the weekly upper BB. Will you call it a bottom if the price collapses into weekly 20 sma again after it hit 290, as you said in the previous post?

Quote
I will recognize significant bottom at the following conditions.
1. Price will hit the weekly upper BB and then collapse into weekly 20 sma.
2. oh well, nothing more ))

One more condition - blow up long term log trend line.

But in my opinion, there should be a long silence period after week upper bb hit + collapse to weekly 20 sma.
full member
Activity: 167
Merit: 100
May 10, 2015, 06:37:06 PM
Downtrend is comming, 290 is upper line hard resistance now (I wrote 300+ some time ago).

I couldn't help but notice that 290 is also near the weekly upper BB. Will you call it a bottom if the price collapses into weekly 20 sma again after it hit 290, as you said in the previous post?

Quote
I will recognize significant bottom at the following conditions.
1. Price will hit the weekly upper BB and then collapse into weekly 20 sma.
2. oh well, nothing more ))
legendary
Activity: 1176
Merit: 1000
May 10, 2015, 12:03:49 PM
...
Why would I be desperate? I have loved this low price, as have all bitcoin bulls, more chance to accumulate.

If this is true, then you are going to adore 1xx prices in the coming months. Tongue

Keep wishing for them Tzupy.
legendary
Activity: 2156
Merit: 1094
May 10, 2015, 12:02:02 PM
...
Why would I be desperate? I have loved this low price, as have all bitcoin bulls, more chance to accumulate.

If this is true, then you are going to adore 1xx prices in the coming months. Tongue
hero member
Activity: 798
Merit: 1000
May 10, 2015, 08:44:30 AM
Why would I be desperate?

I was referring to you coming here to 'debunk' EW.
Anyway, enough OT  Wink

legendary
Activity: 1176
Merit: 1000
May 10, 2015, 08:26:02 AM
stop raised to 229 (trend line), sell 50% now imho

got it. thank you.

Ignore the short term technicals - they are manipulated heavily. The long term exponential trend line is all that matters. Everything else is noise. How many Elliot wave traders on this forum a) predicted the last bubble? b) earn their living trading? Smiley

Bit rude coming into luc's house and talking like that. Especially from the man that has predicted 50 of the last 2 short squeezes  Roll Eyes
You are starting to sound a bit desperate inca

Fair point. Didn't mean it to come across rude. Oh at least you agree (after a minor short capitulation) there is going to be a short squeeze.

Why would I be desperate? I have loved this low price, as have all bitcoin bulls, more chance to accumulate.
hero member
Activity: 924
Merit: 1000
May 10, 2015, 07:27:57 AM
6h 200 ema. Nothing else to say.
hero member
Activity: 798
Merit: 1000
May 10, 2015, 07:26:52 AM
stop raised to 229 (trend line), sell 50% now imho

got it. thank you.

Ignore the short term technicals - they are manipulated heavily. The long term exponential trend line is all that matters. Everything else is noise. How many Elliot wave traders on this forum a) predicted the last bubble? b) earn their living trading? Smiley

Bit rude coming into luc's house and talking like that. Especially from the man that has predicted 50 of the last 2 short squeezes  Roll Eyes
You are starting to sound a bit desperate inca
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