Nights Watch by Afrikoin - page 27. | Bitcointalksearch.org

Afrikoin

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alan watts is all you need

https://www.tradingview.com/chart/GBPAUD/j1rU6uur-BTCUSD-3-Wave-Decline-Puts-Bull-Market-Back-in-Play/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

fell sharply this weekend, and continued lower as expected following a broken triangle that we have recognized in wave B. There was a five wave move lower into wave C that now show evidences of a bottom at the lower side of a corrective channel; around 1800 level which was also a support of a former wave four. So far there is a strong upward reversal from that levels; clearly an impulsive reaction that can take price much higher in days ahead. A break above the upper channel line may be a final confirmation that three wave A-B-C decline is complete and that new highs are back in the cards; 3000.

Afrikoin

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Bitcoin price analysis 19th July

Bitcoin is in Trouble

https://www.deepdotweb.com/2017/07/19/bitcoin-price-analysis-19th-june/

CryptoLenin

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I suggest flat ranges runs till winter 2k-3k bounces etc

Hyena

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Bitcoin Cash is the real Bitcoin. Satoshi consensus and whitepaper dictate the real Bitcoin. SegWitCoin is an altcoin.

Afrikoin

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alan watts is all you need

fork scenarios

nchain not included but there's a plan

Afrikoin

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Quote from: BitcoinNewsMagazine on July 18, 2017, 07:31:32 PM

We have already had a double bottom at $1830 - $1850. Price on Bitstamp did not quite reach the weekly 20 MA so there is the slight possibility of another crash to the 20 MA but with SegWit2X looking to activate I think that would be an edge event. What interests me is if Bitmain goes ahead and releases Bitcoin ABC on Aug 1 even though they said they will not if SegWit2X locks in. That fork would cause turmoil and another buying opportunity as two chains compete.

well as per btcslack channel,
Bitcoin ABC will proceed with fork on August 2

BitcoinNewsMagazine

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We have already had a double bottom at $1830 - $1850. Price on Bitstamp did not quite reach the weekly 20 MA so there is the slight possibility of another crash to the 20 MA but with SegWit2X looking to activate I think that would be an edge event. What interests me is if Bitmain goes ahead and releases Bitcoin ABC on Aug 1 even though they said they will not if SegWit2X locks in. That fork would cause turmoil and another buying opportunity as two chains compete.

Afrikoin

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alan watts is all you need

Maybe an expanding diagonal to make sense of the 4 cutting into 1 territory

Afrikoin

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Quote from: secousa on July 18, 2017, 12:09:16 PM

https://elliottwave-forecast.com/forex/bitcoin-deja-vu-corrective-sequence/

if indeed this rise was a 4, then the count above needsto be adjusted, else the 2 and 4 violate the rules and guidelines

Price crossed past $2304 which was the 1 beginning of 1

perhaps some nested counts can be found within while still respecting the rules

here is *one* suggestion

Afrikoin

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True secousea.

it is a double zig zag

A - B - C (1 -2 -3 -4 -5) A - B - (1 -2 -3 -4 -5)

secousa

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https://elliottwave-forecast.com/forex/bitcoin-deja-vu-corrective-sequence/

Morecoin Freeman

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Legendary trader

Looking good,

Quote from: Morecoin Freeman on July 17, 2017, 04:43:43 AM

Quote from: Morecoin Freeman on March 30, 2017, 03:56:59 PM

Bitcoin long-term uptrend; Usually a good moment to buy is just after you start to see the bounce off support:

(BITCOIN PRICE INDEX $1,028.36)

This feels eerily familiar…

Feedback?

(BITCOIN PRICE INDEX $2,081.21)

End of March is comparable to today. Positive outlook.

Cheers Afrikoin!

Afrikoin

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Quote from: Afrikoin on July 16, 2017, 12:23:31 PM

look for a confirmed wave 1 - 2 -3 - 4 -5 from the bottom on the lower timeframes

that's when the bottom will be in.

the current bottom at $1830 is not it

on second thought, it does look like a bottom.

Im counting 5 waves on the 30 minute bitstamp chart

currently in wave 5

$1830 to $1960 was wave 1 - 2

$2096 was wave 3 top

$1978 was wave 4 bottom

Majormax

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Quote from: darkangel11 on July 16, 2017, 10:14:04 AM

Quote from: Majormax on July 16, 2017, 09:58:57 AM

Quote from: Hyena on July 16, 2017, 09:37:50 AM

Quote from: Majormax on July 16, 2017, 09:34:40 AM

Quote from: RAJSALLIN on July 16, 2017, 08:17:49 AM

There is NO way this will continue falling without a correction all the way to $1000. We are oversold on almost every time frame except the monthly. Like I wrote we are approaching some kind of a bottom. It could be a brief local bottom where we continue downwards or it could be a final bottom before new ath. Time will tell.

Agree. I am looking at the medium to long term. Of course there will be corrections, but the trend is now down, and there will not be a new all time high for a couple of years or more.

for ethereum yes, for bitcoin no
enjoy your lost opportunity

We will find out ! I will play it as I see it. Maybe I'm not completely right. Timing is also difficult, but I am confident of the big picture.

If the price were to get decisively above 3000 and stay there, that would indicate that I have to rethink.

And if it went back to 2800? Would that make you reconsider or would you still be bearish?
IMO this correction is not a change of long term trend and won't make us wait a year for anything big. It's just the effect of people withdrawing their funds from exchanges either to their wallets or to fiat as they were told by many, including moderators of this forum.

The adoption price curve moves in large waves . Each one ends in an exponential blow-off. The size of the fall off the high, is a good indication that the top is in. There has also been a failed retest, which is even more evidence.

Nothng is 100 % certain, but it's a good guide. Balance of probabilities. I would rather have sold out at 2500-2700, and have to buy back at 3000, than be holding during the long bear wave.

Afrikoin

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Quote from: BitcoinNewsMagazine on July 15, 2017, 02:31:47 PM

Browse Bollinger Bands on a weekly Bitstamp chart and it looks like price is heading down to 20 MA at $1800 to shake out the weak hands. Should get there by August 1. Place your bids.

Afrikoin

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alan watts is all you need

look for a confirmed wave 1 - 2 -3 - 4 -5 from the bottom on the lower timeframes

that's when the bottom will be in.

the current bottom at $1830 is not it

jeezy

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What about this one?

darkangel11

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Don't let others control your BTC -> self custody

Quote from: Majormax on July 16, 2017, 09:58:57 AM

Quote from: Hyena on July 16, 2017, 09:37:50 AM

Quote from: Majormax on July 16, 2017, 09:34:40 AM

Quote from: RAJSALLIN on July 16, 2017, 08:17:49 AM

There is NO way this will continue falling without a correction all the way to $1000. We are oversold on almost every time frame except the monthly. Like I wrote we are approaching some kind of a bottom. It could be a brief local bottom where we continue downwards or it could be a final bottom before new ath. Time will tell.

Agree. I am looking at the medium to long term. Of course there will be corrections, but the trend is now down, and there will not be a new all time high for a couple of years or more.

for ethereum yes, for bitcoin no
enjoy your lost opportunity

We will find out ! I will play it as I see it. Maybe I'm not completely right. Timing is also difficult, but I am confident of the big picture.

If the price were to get decisively above 3000 and stay there, that would indicate that I have to rethink.

And if it went back to 2800? Would that make you reconsider or would you still be bearish?
IMO this correction is not a change of long term trend and won't make us wait a year for anything big. It's just the effect of people withdrawing their funds from exchanges either to their wallets or to fiat as they were told by many, including moderators of this forum.

Majormax

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Quote from: Hyena on July 16, 2017, 09:37:50 AM

Quote from: Majormax on July 16, 2017, 09:34:40 AM

Quote from: RAJSALLIN on July 16, 2017, 08:17:49 AM

There is NO way this will continue falling without a correction all the way to $1000. We are oversold on almost every time frame except the monthly. Like I wrote we are approaching some kind of a bottom. It could be a brief local bottom where we continue downwards or it could be a final bottom before new ath. Time will tell.

Agree. I am looking at the medium to long term. Of course there will be corrections, but the trend is now down, and there will not be a new all time high for a couple of years or more.

for ethereum yes, for bitcoin no
enjoy your lost opportunity

We will find out ! I will play it as I see it. Maybe I'm not completely right. Timing is also difficult, but I am confident of the big picture.

If the price were to get decisively above 3000 and stay there, that would indicate that I have to rethink.

Hyena

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Merit: 1013

Quote from: Majormax on July 16, 2017, 09:34:40 AM

Quote from: RAJSALLIN on July 16, 2017, 08:17:49 AM

There is NO way this will continue falling without a correction all the way to $1000. We are oversold on almost every time frame except the monthly. Like I wrote we are approaching some kind of a bottom. It could be a brief local bottom where we continue downwards or it could be a final bottom before new ath. Time will tell.

Agree. I am looking at the medium to long term. Of course there will be corrections, but the trend is now down, and there will not be a new all time high for a couple of years or more.

for ethereum yes, for bitcoin no
enjoy your lost opportunity

Topic: Nights Watch by Afrikoin - page 27. (Read 303280 times)