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Topic: CryptoWaves - Elliott Wave Analysis Blog - page 10. (Read 29175 times)

hero member
Activity: 518
Merit: 500
and I have fundamentals

Which fundamentals? MtGox liquidation? OKCoin deposit halting? Which?
legendary
Activity: 924
Merit: 1001
Thats EW analysis and a bearish count  Angry I dont like.

Bears and early adopters don't care about your preferences  Cheesy
They are just cashing out while you are bullish.

Classic TA is not only a risk management. It's used as an addition to EW analysis for confirming/declining analyst's counts.
There is a possibility for $260 in the next 3 weeks and EMAs confirm it. I will become bullish only after breaking $530.

hey cool it, I know about sentiment just as well as you. I dont like your count because you couldn't justify the fundamentals, and that means a lot more than a EMA.

you say in addition to EW, maybe, but not on its own, it is not a forecasting tool. I have a bullish count, and I have fundamentals. I've been rightly a bear in the bear market and I think it has come to an end.
hero member
Activity: 518
Merit: 500
Thats EW analysis and a bearish count  Angry I dont like.

Bears and early adopters don't care about your preferences  Cheesy
They are just cashing out while you are bullish.

Classic TA is not only a risk management. It's used as an addition to EW analysis for confirming/declining analyst's counts.
There is a possibility for $260 in the next 3 weeks and EMAs confirm it. I will become bullish only after breaking $530.

BTW I can see an obvious double top pattern, still is not confirmed though.
legendary
Activity: 924
Merit: 1001
none of them point to 266  Tongue

really?  Grin



Thats EW analysis and a bearish count  Angry I dont like.

TA is risk management. does not forecast like EW.

primary on stamp.  
hero member
Activity: 518
Merit: 500
none of them point to 266  Tongue

really?  Grin

legendary
Activity: 924
Merit: 1001
Huobi is rising after a massive troll wall. I think I know what that means. wave V is still a real possibility. we have evidence for a lot of support in this area. Im not turning bear until we break 475.

Huobi and troll walls are also not parts of EW analysis  Tongue

I never said they were  Tongue

EMA sell walls troll walls Huobi rising H&S support resistance etc is all TA. none of them point to 266  Tongue
hero member
Activity: 518
Merit: 500
Huobi is rising after a massive troll wall. I think I know what that means. wave V is still a real possibility. we have evidence for a lot of support in this area. Im not turning bear until we break 475.

Huobi and troll walls are also not parts of EW analysis  Tongue
legendary
Activity: 924
Merit: 1001
trend lines do not define elliot waves..... there is a primary wave on stamp if you didnt notice.
And EMAs? We failed to break 200-day EMA. And even more: We failed to break the 240-day EMA, which has only minor resistance.

EMAs are only small edges.... they are usually out of tune with the market waves because of abstract time scales. I use my eyes, not EMAs. I see a juncture, that is all that matters to me.
Huobi is rising as we speak.... maybe we should talk in a few hours.

EMAs are used to confirm or decline the EW counts. Wave C may often look like a wave 3, and only EMAs can say you WTF is going on.

EMAs are not an integral part of EW analysis. that is your style. I watch the fundamentals.

Huobi is rising after a massive troll wall. I think I know what that means. wave V is still a real possibility. we have evidence for a lot of support in this area. Im not turning bear until we break 475.
hero member
Activity: 518
Merit: 500
trend lines do not define elliot waves..... there is a primary wave on stamp if you didnt notice.
And EMAs? We failed to break 200-day EMA. And even more: We failed to break the 240-day EMA, which has only minor resistance.

EMAs are only small edges.... they are usually out of tune with the market waves because of abstract time scales. I use my eyes, not EMAs. I see a juncture, that is all that matters to me.
Huobi is rising as we speak.... maybe we should talk in a few hours.

EMAs are used to confirm or decline the EW counts. Wave C may often look like a wave 3, and only EMAs can say you WTF is going on.

Houbi (with its fake volume) is just testing the other people's reaction. If Huobi is rising, but other exchanges don't follow it anymore - then it's time for dump.
legendary
Activity: 924
Merit: 1001
trend lines do not define elliot waves..... there is a primary wave on stamp if you didnt notice.
And EMAs? We failed to break 200-day EMA. And even more: We failed to break the 240-day EMA, which has only minor resistance.

EMAs are only small edges.... they are usually out of tune with the market waves because of abstract time scales. I use my eyes, not EMAs. I see a juncture, that is all that matters to me.
Huobi is rising as we speak.... maybe we should talk in a few hours.
hero member
Activity: 518
Merit: 500
trend lines do not define elliot waves..... there is a primary wave on stamp if you didnt notice.
And EMAs? We failed to break 200-day EMA. And even more: We failed to break the 240-day EMA, which has only minor resistance.
legendary
Activity: 924
Merit: 1001
trend lines do not define elliot waves..... there is a primary wave on stamp if you didnt notice.
hero member
Activity: 518
Merit: 500
fifth wave is still an option.

or not?

legendary
Activity: 924
Merit: 1001
Huobi thinks sell walls are sexy. up we are going. why doom and gloom suddenly? fifth wave is still an option.
hero member
Activity: 518
Merit: 500
queeq had an idea that we may be in wave II.... I think assuming that wave ii and iv were quite out of proportion.

Or we are going to $0.0006
legendary
Activity: 924
Merit: 1001
queeq had an idea that we may be in wave II.... I think assuming that wave ii and iv were quite out of proportion.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
I suppose this truncated ending diagonal 5th is possible



...or the 4 is not yet complete
legendary
Activity: 924
Merit: 1001

I'm not really seeing 5 waves down for C unless it is a truncated fifth.

I only had one order filled at $490 with more down to $475 Sad

every day it looks more like a C wave... oh well. Ill hold until the we truly stall. plenty to be made short if this is a C wave. Today is the day if this is a fifth wave.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary

do we have a primary on stamp?

I'm not really seeing 5 waves down for C unless it is a truncated fifth.

I only had one order filled at $490 with more down to $475 Sad
legendary
Activity: 924
Merit: 1001

do we have a primary on stamp?
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