Topic: Critical Levels - EW analysis - page 43. (Read 355110 times)
Until 1480 the count is not invalidated, am i right?
Looks like we reached your target now on OKCoin.
It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.
Do you anticipate 240-245?
No not that high. 240 would be a push.
Im going to make a prediction now that will will smash through 240 very easy, the market is just sat below charging up for another run. Lets see if im wrong in a few days
This could be the day, hang onto your hats folks $230 breaking is a good sign no?
yeah this is invalidated
If we have another weeks rest, the count will have changed, it could be bullish. wave iii waits for no man.
You mean it could become bullish short term or long term? To be clear, a temporary upward correction or a trend reversal?probably only short/medium term
If we have another weeks rest, the count will have changed, it could be bullish. wave iii waits for no man.
This is what I was thinking.
If we get consolidation, that would be bullish, I'm selling for now though
If we have another weeks rest, the count will have changed, it could be bullish. wave iii waits for no man.
You mean it could become bullish short term or long term? To be clear, a temporary upward correction or a trend reversal? 
If we have another weeks rest, the count will have changed, it could be bullish. wave iii waits for no man.
Ok. I was thinking one week at the absolute max, but yes even only a few days should do it.I think so too. A dull sideways trend.
On another note, your profile pic -- i was just watching 'Indie Games' the other day. Featured your character.
http://www.imdb.com/title/tt1942884/
If we have another weeks rest, the count will have changed, it could be bullish. wave iii waits for no man.
I think so too. A dull sideways trend.
On another note, your profile pic -- i was just watching 'Indie Games' the other day. Featured your character.
http://www.imdb.com/title/tt1942884/
Holding tight isnt easy when primary waves tend to retrace 50-62%, so even though the last dump was rather deeply retraced (btce is no longer subject to this analysis!) it fits in rather well with the dominant count. Invalidation at 1440.
Personally I think it needs one more week of consolidation ($210-$230) before the next big move, when we will be forced to exit the big triangle.I welcome a premature start of the next crash tho
Holding tight isnt easy when primary waves tend to retrace 50-62%, so even though the last dump was rather deeply retraced (btce is no longer subject to this analysis!) it fits in rather well with the dominant count. Invalidation at 1440.
incoming!
With the form of the triangle and thrust alone, I would be confident in looking for a medium term top here, but the potential of the dominant count is devastatingly bearish. it would be (iii) of iii to follow. What follows will be interesting to watch.
It looks indeed possible for a wave (iii) of iii to play out. The RSI on the 12h and 1D charts are set for a nice fall, and if you look at the 3D chart you can get a glimpse of the potential drop that will follow if the RSI shifts direction and goes back down (PS I am not suggesting this to be a terminal move but just using the image to show the correlation with previous sharp falls).
So, let the games begin. I am sure the market appreciates another down leg. At least I do.
With the form of the triangle and thrust alone, I would be confident in looking for a medium term top here, but the potential of the dominant count is devastatingly bearish. it would be (iii) of iii to follow. What follows will be interesting to watch.
It looks indeed possible for a wave (iii) of iii to play out. The RSI on the 12h and 1D charts are set for a nice fall, and if you look at the 3D chart you can get a glimpse of the potential drop that will follow if the RSI shifts direction and goes back down (PS I am not suggesting this to be a terminal move but just using the image to show the correlation with previous sharp falls).
Looks very bad especially if you look at okcoin and huobi (they are practically pinned) bitfinex only looks a tad better.
With the form of the triangle and thrust alone, I would be confident in looking for a medium term top here, but the potential of the dominant count is devastatingly bearish. it would be (iii) of iii to follow. What follows will be interesting to watch.
It looks indeed possible for a wave (iii) of iii to play out. The RSI on the 12h and 1D charts are set for a nice fall, and if you look at the 3D chart you can get a glimpse of the potential drop that will follow if the RSI shifts direction and goes back down (PS I am not suggesting this to be a terminal move but just using the image to show the correlation with previous sharp falls).
Looks like we reached your target now on OKCoin.
It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.
Do you anticipate 240-245?
No not that high. 240 would be a push.
Looks like your correct. We just got near 240 (239) and a 5k wall popped up right there along with heavy ask's going all the way up.
This move might not be over yet, we are still sat nicely under 240, the wall was needed to stop the move up yesterday but might not be so successful today/tomorrow.
I'm just going to quietly leave this here
https://1broker.com/m/r.php?i=3589
Thanks for thread, as always
https://1broker.com/m/r.php?i=3589
Thanks for thread, as always
What's the big deal? I was trading bitcoin with plus500 more than a year ago.
the only big deal is that I only recently discovered it, so if no one had heard of it as I hadn't, I wanted to share my referral link
I'm just going to quietly leave this here
https://1broker.com/m/r.php?i=3589
Thanks for thread, as always
https://1broker.com/m/r.php?i=3589
Thanks for thread, as always
What's the big deal? I was trading bitcoin with plus500 more than a year ago.
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