Analysis - page 330. | Bitcointalksearch.org

BrightAnarchist

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Quote from: masterluc on September 01, 2013, 02:10:37 AM

Wave from $64 low wasn't impulsive - too much overlaps. So I consider it is some sort of wxy zig-zag or abc correction. Such strange big correction waves appear only inside triangle.

So if you ask me, is it a start of new bubble - I answer "probably no". Start should be from motive impulse wave.

Agreed. Also, it's worth keeping in mind that things still haven't heated up yet in terms of the larger bear market in asset prices across the board. These things take time. But we have a nice impulse down in stocks finally so the larger trend there is down.

oda.krell

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Quote from: masterluc on September 01, 2013, 01:52:50 AM

Triangles are always hard to predict. But I continue to stay on idea we trace a huge neutral triangle. Like this:

[...]

I can't really see such a total reversal in confidence (and corresponding drying up of buying pressure) which would be necessary to see us fall back below 80 in the near future, but then again, you've been right before with your long-term prognoses. Skeptical as I am about EW theory, you're my favorite evangelist for that subject :D

EDIT: sp

masterluc

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Wave from $64 low wasn't impulsive - too much overlaps. So I consider it is some sort of wxy zig-zag or abc correction. Such strange big correction waves appear only inside triangle.

So if you ask me, is it a start of new bubble - I answer "probably no". Start should be from motive impulse wave.

masterluc

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Activity: 938

Merit: 1013

Triangles are always hard to predict. But I continue to stay on idea we trace a huge neutral triangle. Like this:

However H&S target suggests a horizontal triangle:

Or even such one:

mikest

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Quote from: masterluc on August 26, 2013, 08:17:03 PM

Eh?

Quote from: masterluc on August 15, 2013, 08:07:52 PM

Lucif where are you? masterluc have no idea about bittraiding Wink

ft73

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Quote from: samson on August 31, 2013, 09:53:05 AM

Quote from: ft73 on August 31, 2013, 09:20:44 AM

Quote from: ft73 on August 27, 2013, 03:58:23 AM

Quote from: masterluc on August 27, 2013, 12:40:39 AM

Not yet

But close

Ehm ... that way pong may be anything ... even 190-200 Grin

Joking.

I though i was joking Shocked

Heading to about 160$ short term?
Mad market, i wonder whether Syria plays a role ....

You're very optimistic. The higher it goes the harder it will fall.

Syria Roll Eyes

Call me optimistic, but 160$ is just about 14$ far from actual top at 146.02$ ... less than 10%.

masterluc

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H&S target almost reached.

I didn't believe it will bounce so far from 64 (Initial posted as $100, then rised to 120), while indicators did show 120-160 range Grin

Pruden

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Spanish Bitcoin trader

Syria is the new Cyprus.
Admittedly, BTCUSD never dropped below pre-Cyprus levels (47$) but still many people got burned in the subsequent mania. Be careful.

samson

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