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Topic: Analysis - page 218. (Read 941582 times)

hero member
Activity: 798
Merit: 1000
Who's there?
January 04, 2015, 11:25:16 PM
* masterluc buying frenzy  Grin




Not sure I get the "buying frenzy" line.

Care to explain?

I believe what the master is trying to convey is that he is feverishly and madly buying.  Smiley

That's how I understood it as well, but it doesn't mesh with his (sub) 200 throw-over remarks on the same page.

Cryptic guy Cheesy
Maybe he is trying to convey that The Wedge fits into linear scale better than it does fit into log scale. And that in the linear scale The Wedge is pretty close to apex, so - time to buy. 
legendary
Activity: 2156
Merit: 1070
January 04, 2015, 11:17:30 PM
* masterluc buying frenzy  Grin




Not sure I get the "buying frenzy" line.

Care to explain?

I believe what the master is trying to convey is that he is feverishly and madly buying.  Smiley

That's how I understood it as well, but it doesn't mesh with his (sub) 200 throw-over remarks on the same page.

Cryptic guy Cheesy

The throw over is a possibility. But not a certainty.  We are in a buy zone either way. $270 coins are cheap even if $200 is the low.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
January 04, 2015, 11:09:56 PM
Everyone seems to be saying the same thing now, from luc to ryn, danv and s3052. I am not sure how this will affect the waves - maybe it just makes the pattern stronger?
legendary
Activity: 1470
Merit: 1007
January 04, 2015, 06:36:29 PM
* masterluc buying frenzy  Grin




Not sure I get the "buying frenzy" line.

Care to explain?

I believe what the master is trying to convey is that he is feverishly and madly buying.  Smiley

That's how I understood it as well, but it doesn't mesh with his (sub) 200 throw-over remarks on the same page.

Cryptic guy Cheesy
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
January 04, 2015, 06:36:25 PM
* masterluc buying frenzy  Grin




Not sure I get the "buying frenzy" line.

Care to explain?

I believe what the master is trying to convey is that he is feverishly and madly buying.  Smiley
I just bought a bunch. Got back about 2/3 of what I had sold in late 2013 (this includes what I bought during oda's signal).
legendary
Activity: 2002
Merit: 1040
January 04, 2015, 06:26:57 PM
* masterluc buying frenzy  Grin




Not sure I get the "buying frenzy" line.

Care to explain?

I believe what the master is trying to convey is that he is feverishly and madly buying.  Smiley
legendary
Activity: 1470
Merit: 1007
January 04, 2015, 06:17:25 PM
* masterluc buying frenzy  Grin




Not sure I get the "buying frenzy" line.

Care to explain?
legendary
Activity: 2338
Merit: 1035
January 04, 2015, 05:04:48 PM

That is the throw-over Luc is talking about. Throw-over of a diagonal allows for such a movement as down to $200 for a quick stab. He said to flip the picture.
img]https://i.imgur.com/Q1y24wI.png[/img]

Throw-over is the same as a false break of the trend line. Traders will short on the break, the price will reverse and the short squeeze will be in the making

I see, thanks Cheesy
donator
Activity: 2772
Merit: 1019
January 04, 2015, 05:01:54 PM
Awesome TA masterluc! And nice clarification there RyNinDaCleM...

yep. This wehre lucs above pix come from: http://thepatternsite.com/EWDiagTriangle.html
newbie
Activity: 22
Merit: 0
January 04, 2015, 04:51:13 PM
Awesome TA masterluc! And nice clarification there RyNinDaCleM...
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
January 04, 2015, 04:15:11 PM
Luc, what do you think about the analysis right above your post?
Price can throw over the wedge resistance/support line shortly at the end (bearish wedge on example, flip image upside down)



Meaning a bounce to $350-400 and then back down to $200?

The TA Xiao was referrering to was one that predicted price to effectively drop down to 200 levels so I don't see how your post relate to it.


That is the throw-over Luc is talking about. Throw-over of a diagonal allows for such a movement as down to $200 for a quick stab. He said to flip the picture.


Throw-over is the same as a false break of the trend line. Traders will short on the break, the price will reverse and the short squeeze will be in the making
legendary
Activity: 2338
Merit: 1035
January 04, 2015, 03:57:28 PM
Luc, what do you think about the analysis right above your post?
Price can throw over the wedge resistance/support line shortly at the end (bearish wedge on example, flip image upside down)



Meaning a bounce to $350-400 and then back down to $200?

The TA Xiao was referrering to was one that predicted price to effectively drop down to 200 levels so I don't see how your post relate to it.
sr. member
Activity: 296
Merit: 250
January 04, 2015, 03:23:45 PM
* masterluc buying frenzy  Grin




Does this chart mean you expect the price to sink lower to between 200 and 250 over the next week or two? Or is the bottom in?
legendary
Activity: 938
Merit: 1013
January 04, 2015, 02:59:51 PM
Luc, what do you think about the analysis right above your post?
Price can throw over the wedge resistance/support line shortly at the end (bearish wedge on example, flip image upside down)

legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
January 04, 2015, 02:40:26 PM
* masterluc buying frenzy  Grin




Luc, what do you think about the analysis right above your post?
legendary
Activity: 2338
Merit: 1035
January 04, 2015, 02:21:11 PM
* masterluc buying frenzy  Grin

img]http://www.sierrachart.com/image.php?l=142039917830.png[/img]


legendary
Activity: 938
Merit: 1013
January 04, 2015, 02:17:54 PM
* masterluc buying frenzy  Grin


hero member
Activity: 509
Merit: 564
"In Us We Trust"
January 04, 2015, 11:15:17 AM
You guys remember this chart I posted a week ago?


A bit of nasty speculation for you all...

Bitcoin hits $200 in January  Wink




Here's an updated version as of Jan 4th...





I'd say, we should be stopping at $260 for a time, with support here, until further declining to $200.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
January 03, 2015, 05:03:17 PM

What are you saying? Another 6-8 months of this boredom to complete the Xx and final zigzag?
In my opinion we are in "z"

Gunfight and arty makes some difficulties with Internet and analysis hehe

I'm not familiar with the XYWZ notation in EW, so I searched an image for better understanding. Is this the Z that you mean?
I market my opinion on the current market position with a light purple cross. Would that be correct, or should it be lower?



Well, that's a triple zigzag of triple zigzags but that's the gist, yes.
legendary
Activity: 2170
Merit: 1094
January 03, 2015, 03:50:08 PM

What are you saying? Another 6-8 months of this boredom to complete the Xx and final zigzag?
In my opinion we are in "z"

Gunfight and arty makes some difficulties with Internet and analysis hehe

I'm not familiar with the XYWZ notation in EW, so I searched an image for better understanding. Is this the Z that you mean?
I market my opinion on the current market position with a light purple cross. Would that be correct, or should it be lower?

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