I always loved Lucif's TA thread, but hearing Masterluc phrase his Jedi wisdom in Yoda's voice makes this the best thread on this site.
What ever happened to Lucif?Also, does anyone know of popular BTC related forums for the China market?
Topic: Analysis - page 319. (Read 941596 times)
Also, does anyone know of popular BTC related forums for the China market?
Next to the red 5, anywhere above wave 3. Market Capitalization (weekly) is already at a new alltime high:
http://blockchain.info/charts/market-cap?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Everyone probably need to know where price will go after red 5... But I dont wanna scary you before time will come =)http://blockchain.info/charts/market-cap?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Now I'm interesting of how low the crashing will scary us.
Thanks for the charts Luc! The second and third ones look the most reasonable to me. I think the (psychological?) resistance on the way to usd$1000 is going to be exponentially increasing. We'll get there eventually, just not in the next couple months.
The most modest count #3 with top at around $700
Count #2 with top around $1000
Well, some time passed, market have some readable picture now. Time to analyze. I have three top counts so far.
[1][2][3][4][5] - bubble waves off 109 low
[[1]] [[2]] [[3]] [[4]] [[5]] - extension of waves above
green 12345 - subcounts
[5] - denotes the end of bubble.
Count #1. Most preferable with top somewhere in the moon
[1][2][3][4][5] - bubble waves off 109 low
[[1]] [[2]] [[3]] [[4]] [[5]] - extension of waves above
green 12345 - subcounts
[5] - denotes the end of bubble.
Count #1. Most preferable with top somewhere in the moon
Because it wasn't a wedge 
An ending diagonal won't have the top of 3 as one of the waves nor the upper resistance. It will also have 4th/1st overlap 9 times out of 10, perhaps more. So I didn't see this as even hinting to a wedge
An ending diagonal won't have the top of 3 as one of the waves nor the upper resistance. It will also have 4th/1st overlap 9 times out of 10, perhaps more. So I didn't see this as even hinting to a wedge
Yep, wedge cracked =)
Yes, small wedge triggering right now.
And denied by bitcoin again, bitcoin doesn't give a crap about bearish wedges and just loves to kick some bear ass.
On btcchina there was no wedge.
Yes, small wedge triggering right now.
And denied by bitcoin again, bitcoin doesn't give a crap about bearish wedges and just loves to kick some bear ass.
Yes, small wedge triggering right now.
Past bubbles ended not with this pattern.
I always loved Lucif's TA thread, but hearing Masterluc phrase his Jedi wisdom in Yoda's voice makes this the best thread on this site.
normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though? 
I just say all bearish ending diagonal patterns I saw in bitcoin were never actually ending. Past bubbles ended not with this pattern. normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though?
I don't give advices. Sometimes I post my positions. 
Ah, wait. If this is ending diagonal it should be extensible and longer like that
normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though?
Ah, wait. If this is ending diagonal it should be extensible and longer like that. So current small bear wedge should trigger.
In some reason bitcoin breaks up textbook upward ending diagonals. They should break down by books though =)
I mean real ending diagonals like 1-2-3-(4-5)
I mean real ending diagonals like 1-2-3-
Break up?
Perhaps...
Ummm?
http://www.babypips.com/school/middle-school/important-chart-patterns/wedges.html
typically yes. if we see a break upward, the bubble is confirmed.
masterluc, you're the luc skywalker of bitcoin
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