Critical Levels - EW analysis - page 13.

chessnut

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Quote from: oda.krell on June 11, 2016, 07:37:59 PM

Time for a new count?

(If going by Bitfinex, at least. OKC still a hair below the previous high.)

A new intermediate count although we are still somewhere in a larger impulse. it could be an expanded IV, but I wouldnt count on anything right now. very very bullish indeed.

Syke

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Quote from: sandiman on June 08, 2016, 01:14:32 PM

It's written EW analysis right ? And EW analysis here could be of a significant help but i'm still a newbie so that's why I am using it with some stuff I understand more.

From the sticky:

Quote from: Yuhfhrh on December 15, 2012, 01:31:19 AM

Some general guidelines:

Speculation of alternate cryptocurrency belongs in Alternate cryptocurrencies.

oda.krell

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Time for a new count?

(If going by Bitfinex, at least. OKC still a hair below the previous high.)

sandiman

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It's written EW analysis right ? And EW analysis here could be of a significant help but i'm still a newbie so that's why I am using it with some stuff I understand more.

fortif78

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Quote from: sandiman on June 08, 2016, 06:36:24 AM

Any idea on ETH ??

I am trying to mix Wyckoff analysis and EW analysis but getting stuck with the same issue, are we on a re-accumulation phase (which looks like a symmetrical triangle correction) or a distribution phase (which looks like the ending diagonal wave). As an example, here below I made a chart in the hypothesis that we are witnessing the creation of a ending wave/distribution phase (but I could have made a symmetrical triangle correction as easily). Is this correct ?? what do you think ? maybe it is just to early to decide?

I just had a look now at ETH/BTC and in fact it looks like we are far from completing the next leg of both hypothetical symmetrical triangle correction or ending diagonal waves ... which make me even more confuse

U wot m8? Let's try to keep the BTC EW thread clean of discussion about roadkill, ty ty.

sandiman

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Any idea on ETH ??

I am trying to mix Wyckoff analysis and EW analysis but getting stuck with the same issue, are we on a re-accumulation phase (which looks like a symmetrical triangle correction) or a distribution phase (which looks like the ending diagonal wave). As an example, here below I made a chart in the hypothesis that we are witnessing the creation of a ending wave/distribution phase (but I could have made a symmetrical triangle correction as easily). Is this correct ?? what do you think ? maybe it is just to early to decide?

I just had a look now at ETH/BTC and in fact it looks like we are far from completing the next leg of both hypothetical symmetrical triangle correction or ending diagonal waves ... which make me even more confuse Grin

sandiman

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Quote from: Afrikoin on June 07, 2016, 05:00:27 PM

Quote from: sandiman on June 07, 2016, 12:23:37 PM

Quote from: chessnut on June 07, 2016, 05:04:25 AM

Quote from: Afrikoin on June 07, 2016, 02:33:27 AM

Hi chessnut,

do you stilll see us heading back down to 3680?

The triangle IV setup has plenty of time to prove its self.

a sharp move down from this point and the potential of this Ending Diagonal is confirmed.

do you see this kind of waves :

or another one?

Best way to learn EW is via practice with a real market. For example, now that we're potentially looking at an ending diagonal , you can read up on it now exhaustively. You will read up on it as you see it. best way to learn.

Next week's lesson, a triangle.

last week's lesson, a wave 4 triangle.

Past years's lesson, a wave B of larger A- B- C.

See? Everyday is a learning day in EW BTC land

https://www.google.com/search?q=ending+diagonal+elliott+wave&client=firefox-b-ab&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiCkevy5pbNAhWIORQKHbP5DI0Q_AUICCgB&biw=1142&bih=565&dpr=0.9

Thank you for the tip ! I have been learning trading since a few weeks, and I have been well surprised by Wyckoff analysis and EW analysis. That's why I want to learn both since they can work greatly together !!

Watching this thread and learning at the same time Grin

chessnut

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Quote from: chessnut on June 07, 2016, 10:59:13 PM

Quote from: chessnut on June 07, 2016, 05:04:25 AM

Quote from: Afrikoin on June 07, 2016, 02:33:27 AM

Hi chessnut,

do you stilll see us heading back down to 3680?

The triangle IV setup has plenty of time to prove its self.

a sharp move down from this point and the potential of this Ending Diagonal is confirmed.

With the presence of this Ending Diagonal I am coming to think that it was a v of (v) wave, making good sense on this tf and a failure fifth on chinese exchanges plausible. This means that instead of being in wave c of a triangle we could be only at the beginning of the wave IV I have been expecting, and this means that yet another visit to 3500 (520) is quite possible before continuation.

chessnut

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Quote from: chessnut on June 07, 2016, 05:04:25 AM

Quote from: Afrikoin on June 07, 2016, 02:33:27 AM

Hi chessnut,

do you stilll see us heading back down to 3680?

The triangle IV setup has plenty of time to prove its self.

a sharp move down from this point and the potential of this Ending Diagonal is confirmed.

With the presence of this Ending Diagonal I am coming to think that it was a v of (v) wave, making good sense on this tf and a failure fifth on chinese exchanges plausible. This means that instead of being in wave c of a triangle we could be only at the beginning of the wave IV I have been expecting, and this means that yet another visit to 3500 (520) is quite possible before continuation.

chessnut

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Quote from: Afrikoin on June 07, 2016, 05:00:27 PM

See? Everyday is a learning day in EW BTC land

Afrikoin

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alan watts is all you need

Quote from: sandiman on June 07, 2016, 12:23:37 PM

Quote from: chessnut on June 07, 2016, 05:04:25 AM

Quote from: Afrikoin on June 07, 2016, 02:33:27 AM

Hi chessnut,

do you stilll see us heading back down to 3680?

The triangle IV setup has plenty of time to prove its self.

a sharp move down from this point and the potential of this Ending Diagonal is confirmed.

do you see this kind of waves :

or another one?

Best way to learn EW is via practice with a real market. For example, now that we're potentially looking at an ending diagonal , you can read up on it now exhaustively. You will read up on it as you see it. best way to learn.

Next week's lesson, a triangle.

last week's lesson, a wave 4 triangle.

Past years's lesson, a wave B of larger A- B- C.

See? Everyday is a learning day in EW BTC land

https://www.google.com/search?q=ending+diagonal+elliott+wave&client=firefox-b-ab&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiCkevy5pbNAhWIORQKHbP5DI0Q_AUICCgB&biw=1142&bih=565&dpr=0.9

chessnut

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Quote from: sandiman on June 07, 2016, 12:23:37 PM

do you see this kind of waves :

or another one?

that is a typical impulse, I was looking at an Ending diagonal.

Quote from: podyx on June 07, 2016, 02:54:34 PM

So.. nice call, you got your dip.

Feel like going up now? Cool

EDs retrace to their base and lower.... tgt remains around 3650

podyx

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So.. nice call, you got your dip.

Feel like going up now? Cool

sandiman

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Quote from: chessnut on June 07, 2016, 05:04:25 AM

Quote from: Afrikoin on June 07, 2016, 02:33:27 AM

Hi chessnut,

do you stilll see us heading back down to 3680?

The triangle IV setup has plenty of time to prove its self.

a sharp move down from this point and the potential of this Ending Diagonal is confirmed.

do you see this kind of waves :

or another one?

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: Afrikoin on June 07, 2016, 02:33:27 AM

Hi chessnut,

do you stilll see us heading back down to 3680?

The triangle IV setup has plenty of time to prove its self.

a sharp move down from this point and the potential of this Ending Diagonal is confirmed.

sandiman

hero member

Activity: 560

Merit: 501

Quote from: chessnut on June 07, 2016, 02:01:48 AM

Quote from: sandiman on June 06, 2016, 12:14:48 PM

Chessnut, I have got a question (I saw kind of an answer first page):

Where did you learn EW analysis ? I went through it there http://stockcharts.com/school/doku.php?id=chart_school:market_analysis, but this is not at all enough material to understand it. I finished reading their stuff, and I am more lost than everything else as I could hardly identify waves pattern on BTC chart (well, I could say I identified one, but that's very subjective, that's the whole point of me being lost).
I am really curious about it and would like to know more, do you have any books/website that could help me on that??

thank you Grin

Go to http://www.elliottwave.com/

I eventually bought the latest EW principle from here, its a good book. I learned it from all over the place. Be philosophical about it yourself.

Cheers!!

Afrikoin

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alan watts is all you need

Hi chessnut,

do you stilll see us heading back down to 3680?

chessnut

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Activity: 924

Merit: 1001

Quote from: sandiman on June 06, 2016, 12:14:48 PM

Chessnut, I have got a question (I saw kind of an answer first page):

Where did you learn EW analysis ? I went through it there http://stockcharts.com/school/doku.php?id=chart_school:market_analysis, but this is not at all enough material to understand it. I finished reading their stuff, and I am more lost than everything else as I could hardly identify waves pattern on BTC chart (well, I could say I identified one, but that's very subjective, that's the whole point of me being lost).
I am really curious about it and would like to know more, do you have any books/website that could help me on that??

thank you Grin

Go to http://www.elliottwave.com/

I eventually bought the latest EW principle from here, its a good book. I learned it from all over the place. Be philosophical about it yourself.

sandiman

hero member

Activity: 560

Merit: 501

Chessnut, I have got a question (I saw kind of an answer first page):

Where did you learn EW analysis ? I went through it there http://stockcharts.com/school/doku.php?id=chart_school:market_analysis, but this is not at all enough material to understand it. I finished reading their stuff, and I am more lost than everything else as I could hardly identify waves pattern on BTC chart (well, I could say I identified one, but that's very subjective, that's the whole point of me being lost).
I am really curious about it and would like to know more, do you have any books/website that could help me on that??

thank you Grin

sidhujag

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There's been hidden selling btc and hidden buying eth from what I've been seeing... candlesticks on huobi are bearish so I do agree a retrace is likely and could put us back a bit on btc.

Not ew but I've been trading a long time take it for what it is that's my contribution thanks.

Topic: Critical Levels - EW analysis - page 13. (Read 355104 times)