Topic: Critical Levels - EW analysis - page 91. (Read 355110 times)
I do believe we just hit the top but we nee more confirmation before shorting its a pig right now.
Why aren't we going down 
Fifth waves can blow out into truly amazing parabolas. I really wasnt expecting this much today. it must have been catalysed by the winkelvi ETF.
It will always correct and offer a trade. I cant say exactly when, but the 1m count is ripening to a top. I dont expect this to tolerate 3000 yuan for any length of time today.
Thanks, what would you consider a good entering position?? (bitstamp price)
we will know when the time comes
legendary
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Core dev leaves me neg feedback #abuse #political
Elliot wave is useless. Can't believe people still try to trade with it.
Why aren't we going down
Fifth waves can blow out into truly amazing parabolas. I really wasnt expecting this much today. it must have been catalysed by the winkelvi ETF.
It will always correct and offer a trade. I cant say exactly when, but the 1m count is ripening to a top. I dont expect this to tolerate 3000 yuan for any length of time today.
Thanks, what would you consider a good entering position?? (bitstamp price)
Why aren't we going down
Fifth waves can blow out into truly amazing parabolas. I really wasnt expecting this much today. it must have been catalysed by the winkelvi ETF.
It will always correct and offer a trade. I cant say exactly when, but the 1m count is ripening to a top. I dont expect this to tolerate 3000 yuan for any length of time today.
Why aren't we going down
Who's left to sell that wasn't already tempted today?
Why aren't we going down
Do margin calls happen based on the futures price, the Index price, or the last BTC price on okcoin?
Futures price. Operates separately from main market.
Do margin calls happen based on the futures price, the Index price, or the last BTC price on okcoin?
Is it too risky to go for a baby short at 2990?
EDIT: Obviously still completely in coins though.
EDIT: Obviously still completely in coins though.
dont even think about it until it gets rolling is my advice. if you can snap up a good price in time, you got lucky! careful of selling into an empty order book. Its risky, but potentially lots of reward.
Ive only had bad luck shorting any top in this trend. the goal now is really another quality buy signal.
I might argue that 3000 would be a fairly safe bet for shorting futures if we get there in another parabolic rise.
Is it too risky to go for a baby short at 2990?
EDIT: Obviously still completely in coins though.
EDIT: Obviously still completely in coins though.
dont even think about it until it gets rolling is my advice. if you can snap up a good price in time, you got lucky! careful of selling into an empty order book. Its risky, but potentially lots of reward.
Ive only had bad luck shorting any top in this trend. the goal now is really another quality buy signal.
Is it too risky to go for a baby short at 2990?
EDIT: Obviously still completely in coins though.
EDIT: Obviously still completely in coins though.
Feels like this thing is about to drop like a rock.
I think Okcoin might even make it right up to 2990. but it is stupidly over extended, and the count is pretty clear. we will have a sharp drop soon. I must insist that nobody chases this although hopefully we are all in coins, and not fiat!
Feels like this thing is about to drop like a rock.
Looks like this is playing out?? How confident are you??
Should I buy here or wait?
Should I buy here or wait?
Im sorry but we didnt get a signal yet. that just happens sometimes. technically we have an abc correction but its very small in price and time. I feel like this might be v but there is a risk it is (b) of iv the price might collapse on anybody buying now. betting small on it is ok risk reward if you have the balls to wait for final v.
Update??
What's your thoughts on this little mini rally. There isn't so much volume, you think we still have a leg down? Looks like this is playing out?? How confident are you??
Should I buy here or wait?
Should I buy here or wait?
Im sorry but we didnt get a signal yet. that just happens sometimes. technically we have an abc correction but its very small in price and time. I feel like this might be v but there is a risk it is (b) of iv the price might collapse on anybody buying now. betting small on it is ok risk reward if you have the balls to wait for final v.
Thanks for the answer, I think I will sit it out for a few hours and pray to god
Looks like this is playing out?? How confident are you??
Should I buy here or wait?
Should I buy here or wait?
Im sorry but we didnt get a signal yet. that just happens sometimes. technically we have an abc correction but its very small in price and time. I feel like this might be v but there is a risk it is (b) of iv the price might collapse on anybody buying now. betting small on it is ok risk reward if you have the balls to wait for final v.
It appear that bitfinex is dealing with some margin calls from the shorts.
Update on the situation. we will look to buy again when this falls over.
Looks like this is playing out?? How confident are you??
Should I buy here or wait?
thanks windjc,
The hourly macd is crossing down for the first time since 2200 (just the other day?!)
basically the rally is pretty exhausted and we should expect that wave iv to come down lower. We are expecting it to be deep, it may still enter low 2500s. I think with momentum at hourly lows we will have plenty of time to wait patiently for a quality trade in the low 2600s or hopefully low 2500s. There's no point is worrying about the last little leg too much, the big money is through and we are lucky to get an opportunity here if we do.
At this point in looks like the west is completing wave v late. its a bit of a riddle to me really.... they seemed totally truncated when Okc was breaking new highs. Just dont chase the price on margin here we are bound in this territory for a while yet.
The hourly macd is crossing down for the first time since 2200 (just the other day?!)
basically the rally is pretty exhausted and we should expect that wave iv to come down lower. We are expecting it to be deep, it may still enter low 2500s. I think with momentum at hourly lows we will have plenty of time to wait patiently for a quality trade in the low 2600s or hopefully low 2500s. There's no point is worrying about the last little leg too much, the big money is through and we are lucky to get an opportunity here if we do.
At this point in looks like the west is completing wave v late. its a bit of a riddle to me really.... they seemed totally truncated when Okc was breaking new highs. Just dont chase the price on margin here we are bound in this territory for a while yet.
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