@afrikcoin: on deep2web you said you expected 700$ and now you don't even expect less than 1K?
2 charts
2hour - 6hour chart
And 3d - 1w chart.
diffferent time frames.
2 hour 6 hour
3day 1 week
Topic: Nights Watch by Afrikoin - page 112. (Read 303329 times)
2 charts
2hour - 6hour chart
And 3d - 1w chart.
diffferent time frames.
2 hour 6 hour
3day 1 week
Nej Kodric Bitstamp CEO indicator. Bout to break ALL time high
@afrikcoin: on deep2web you said you expected 700$ and now you don't even expect less than 1K?
2 charts
2hour - 6hour chart
And 3d - 1w chart.
diffferent time frames.
@afrikcoin: on deep2web you said you expected 700$ and now you don't even expect less than 1K?
1D $BLX ichi cloud
#KijunBounce #CClamp
#KijunBounce #CClamp
what he is really expecting here is a wave 4 on the 2 hour - 6h chart. It could go down to $900 he says with this TA style, ichimoku cloud.
But i disagree.
I agree it will go down in EWs wave 4 on the fractal, but only as low as $1045 (*not below $1000). B/c It has to respect the top of wave 1.
My point is all great TA looks at stuff differently, and comes to roughly similar conclusions, off by a mark. THere is GREAT, IMMENSE value in applying different techniques to come up with forecastts, targets and most of all, CONFIDENCE!
Now, I am looking at this wave 4/ or Kijun retrace, as part of an ending diagonal wave 5. So we do an ABC down from 3 to 4 (not below $1000)
This fractal below is on the 3d- 1W.
This is ONE form the 5 could take.
It could also spike and go on to form a Head of a H&S pattern that still goes down.
Basically we are watching a form shape up. And boy is it exciting to watch EW at work! WoW!
1D $BLX ichi cloud
#KijunBounce #CClamp
#KijunBounce #CClamp
My market summary of my thoughts this week
Bitcoin price analysis February 23, 2017
https://www.deepdotweb.com/2017/02/23/bitcoin-price-analysis-february-23-2017/
Bitcoin price analysis February 23, 2017
https://www.deepdotweb.com/2017/02/23/bitcoin-price-analysis-february-23-2017/
From masterlucs Russian thread using google translate
https://m.vk.com/bitcoin_vanga
"This time the pain and it is unlikely in the shortest possible time is expected to continue the feast. Those who did not sell - you'd expect the bottom and a rebound of 62%. More than confident that the level of about 1000 price soon overtake, but further - alas. Rebound is expected to be one of the following below Fibo levels. Of course 524 is highly unlikely, but those higher - quite.
And then we will be long and hard to draw a counter-trend channel (handle). It takes six months to a year.
This Buble something that does not happen that happened in the past and it was my anchor.
1. Before draining noticeably did not shoot light. Usually, it was and it meant the end for a few days.
2. Before any discharge has not been expressed triangle. It is not something that normally - he was always in the 4th wave at him, I was guided in counts as a surveyor on the device.
In general, I am now blind, as this is the Wang. These anchors are used to work as a clock and brought me a lot of money. It's a pity. We seek the following."
https://m.vk.com/bitcoin_vanga
"This time the pain and it is unlikely in the shortest possible time is expected to continue the feast. Those who did not sell - you'd expect the bottom and a rebound of 62%. More than confident that the level of about 1000 price soon overtake, but further - alas. Rebound is expected to be one of the following below Fibo levels. Of course 524 is highly unlikely, but those higher - quite.
And then we will be long and hard to draw a counter-trend channel (handle). It takes six months to a year.
This Buble something that does not happen that happened in the past and it was my anchor.
1. Before draining noticeably did not shoot light. Usually, it was and it meant the end for a few days.
2. Before any discharge has not been expressed triangle. It is not something that normally - he was always in the 4th wave at him, I was guided in counts as a surveyor on the device.
In general, I am now blind, as this is the Wang. These anchors are used to work as a clock and brought me a lot of money. It's a pity. We seek the following."
I guess I still need that translating. What the hell does that all mean?
Summarizing my translation of that translation here...
a) He's still confident that 1000 will soon be taken, expecting a rebound on one of the fibo levels (not expecting $524, but need to go lower)
b) It will take 6 months to a year to draw a counter trend channel which acts as a handle for the cup
c) ML's observation is that this bubble is acting different compared to past ones
-- before the dump it didn't have as much fomo as expected
-- in the past bubbles, there were no triangles before dumps. its uncommon, it was always a 4th wave though. he used this indicator to determine the top
d) he has no idea what is going on since his indicators he used previously (to determine that this was a bubble) used to bring him a lot of money, and now they don't
Edit: would've been nice if the link to the chart was given too, so here it is. https://www.tradingview.com/x/eWjUoUfC/
So $711 is the next level to hold?
I refuse to provide trading advice, sorry. I was merely providing a summary of what I understood from the borked translation.
The largest contract holder at OKCoin has been continuously reducing his/her position during the last week, now at a new low of 19k btc.
source: https://twitter.com/CryptoEye111/status/834401245137870849
source: https://twitter.com/CryptoEye111/status/834401245137870849
Do they know something we don't? Just hitting previously decided exit targets?
Is there any chance this is something other than bad news? At least we know they have 20K less BTC to dump on the market all at once right?
The largest contract holder at OKCoin has been continuously reducing his/her position during the last week, now at a new low of 19k btc.
source: https://twitter.com/CryptoEye111/status/834401245137870849
source: https://twitter.com/CryptoEye111/status/834401245137870849
Bloomberg analyst Eric Balchunas discusses the odds of a Bitcoin Trust ETF. Will it Win Approval? #Podcast
https://assets.bwbx.io/av/users/iqjWHBFdfxIU/vVZ9tR.KEoso/v2.mp3
says 33% chance, recent hacks are bad
https://assets.bwbx.io/av/users/iqjWHBFdfxIU/vVZ9tR.KEoso/v2.mp3
says 33% chance, recent hacks are bad
Joel article
Bitcoin Price Analysis: New Highs Are Nigh
https://bitcoinmagazine.com/articles/bitcoin-price-analysis-new-highs-are-nigh2/
Bitcoin Price Analysis: New Highs Are Nigh
https://bitcoinmagazine.com/articles/bitcoin-price-analysis-new-highs-are-nigh2/
Gold and Bitcoin chart
This is why I consider gold ounce parity to be the real ATH.
Gold and Bitcoin chart
I am also thinking about this fractal
fractal 12 hour, fractal, lower degree
Amazing how similar the A B C is.
Also shows wave C is always a 5 waver like the guidelines say!
Wow!
I am having or justt had a moment.
Or i could be wrong
What would happen if we break the ATH before the ETF rule change is rejected? Will the price keep rising or drop? If it drops, how far? 900? 800? lower? Thoughts?
We could break ATH before ETF rule change rejection/abstain and still go back down to $800, $750. Thing is the question is what shape will the wave 5 take?
For example, it could take a triple top form, with a twist - a Head and Shoulders
Or it could fail to breach ATH nd form a flat triple top
Or a flat double top
Or this below where the a,b,c to a 3 top past the high is the current trend we are in.
Point is, now is a good time to be looking at possible top forms.
Will share possible forms in pics
A break would occur on an ETF rejection. and in one possibility, might coincide with the final top C below
I am also thinking about this fractal
fractal 12 hour, fractal, lower degree
Amazing how similar the A B C is.
Also shows wave C is always a 5 waver like the guidelines say!
Wow!
I am having or justt had a moment.
Or i could be wrong
What would happen if we break the ATH before the ETF rule change is rejected? Will the price keep rising or drop? If it drops, how far? 900? 800? lower? Thoughts?
I am also thinking about this fractal
fractal 12 hour, fractal, lower degree
Amazing how similar the A B C is.
Also shows wave C is always a 5 waver like the guidelines say!
Wow!
I am having or justt had a moment.
Or i could be wrong
I am also thinking about this fractal
4 hour chart
1 week chart
EW five waves
Question is what shape or form will wave 5 take?
1 week chart
EW five waves
Question is what shape or form will wave 5 take?
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