Topic: Nights Watch by Afrikoin - page 52. (Read 303329 times)
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
You need to zoom out to see a bigger picture, we were not in an ABC correction since we are still in a strong uptrend since mid 2015. We will correct, but probably in a half to a year from now.
whats your target for this current rise?
what do you expect to happen re: price next 3-6 months?
I think we are currently in a (5) in a 5 wave move. Nov 2015 is (1), Jun, Dec 2016 and Mar 2017 form a 5 Wave (3), and now we are in (5). This may be the final move to from (5), or we may have an WXY extension. It we are going to have a extension we may have one more last pump this year before we start correcting.
Thats more realistic approach, there is also the ETF approval factor that may prove everything wrong and take us to insane levels.
Thanks!
A chart whenever you can would be greatly appreciated
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
You need to zoom out to see a bigger picture, we were not in an ABC correction since we are still in a strong uptrend since mid 2015. We will correct, but probably in a half to a year from now.
whats your target for this current rise?
what do you expect to happen re: price next 3-6 months?
I think we are currently in a (5) in a 5 wave move. Nov 2015 is (1), Jun, Dec 2016 and Mar 2017 form a 5 Wave (3), and now we are in (5). This may be the final move to from (5), or we may have an WXY extension. It we are going to have a extension we may have one more last pump this year before we start correcting.
Thats more realistic approach, there is also the ETF approval factor that may prove everything wrong and take us to insane levels.
Afrikoin, you have shown the difference between charting and trading. Your charting was alright, but by putting your emotions into it you traded badly: Price went down to $890 but you didn't buy even a little because you were waiting for that last 10% drop that never came? Gimme a break!
Scaling into and out of positions in increments tends to work better, there is no way to optimize a single perfect entry.
Scaling into and out of positions in increments tends to work better, there is no way to optimize a single perfect entry.
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
You need to zoom out to see a bigger picture, we were not in an ABC correction since we are still in a strong uptrend since mid 2015. We will correct, but probably in a half to a year from now.
whats your target for this current rise?
what do you expect to happen re: price next 3-6 months?
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
You need to zoom out to see a bigger picture, we were not in an ABC correction since we are still in a strong uptrend since mid 2015. We will correct, but probably in a half to a year from now.
We are leaving the channel..
What alts are you holding and whats your reasoning, if you dont mind sharing. tia
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
Not a bad strategy. Pick your own point of entry (and alts are doing quite ok now).
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
Not a bad strategy. Pick your own point of entry (and alts are doing quite ok now).
$3200? :-)
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
how long you going to wait? what price you looking to get back in at?
Afrikon are you still sitting in fiat or did you buy back?
fiat and a couple of alts.
i missed the train.
waiting for correction.
Also not ashamed
Afrikon are you still sitting in fiat or did you buy back?
XBT Provider just published a factsheet on their Bitcoin ETN. Assets grew to almost $50 mln. I imagine the Winklevoss ETF would easily get $1 bn
https://xbtprovider.com/fact_sheet_dl/xbt_provider_factSheet_final_a4.pdf
https://xbtprovider.com/fact_sheet_dl/xbt_provider_factSheet_final_a4.pdf
http://www.cnbc.com/2017/05/08/bitcoin-price-hits-record-high-and-4000-is-ahead-investor-says.html
But the example of litecoin shows that a so-called "soft fork" can happen which would increase the block size for bitcoin without major disruption.
"That example of a successful soft fork in litecoin has made people start to think that we could get a successful SegWit implementation in bitcoin and that could increase capacity and move us to the next level," Daniel Masters, director at Global Advisors Bitcoin Investment Fund (GABI), told CNBC by phone.
GABI is an investment fund that is listed on The International Stock Exchange on the Channel Islands.
And what does this mean for price?
While bitcoin has seen a recent rally, previous peaks have seen sharp pullbacks in prices. Masters said the price rise has been "violent in the short-term" with bitcoin "fully valued for the moment". This could lead to a pullback to around $1,100.
However, the long-term outlook remains strong.
Here is where i think we are
The pattern looks similar to the rise from $751
continuing from the count i have been watching for a while
The pattern looks similar to the rise from $751
continuing from the count i have been watching for a while
Afrikoin,
so, hypothetically, what top are we looking at in parabolic scenario? Even MasterLuc doesnt expect attack on 10k before late 2018 (and probadly much later). 2-3 000 USD per BTC in summer?
I know, you find it unlikely, so I am mostly asking for it being possible from technical analysis perspective and EW count.
so, hypothetically, what top are we looking at in parabolic scenario? Even MasterLuc doesnt expect attack on 10k before late 2018 (and probadly much later). 2-3 000 USD per BTC in summer?
I know, you find it unlikely, so I am mostly asking for it being possible from technical analysis perspective and EW count.
I agree with masterluc
i dont expect 10k in the current run up
I also do not expect 3k
It is because all the EW counts have seen, or most , have us at wave 5. meaning we are expecting a top soon
I know people have bee calling for a parabolic rise, but i do not think this is it.
in fact, on one of my counts, i see this rise from the $162 bottom as a wave 5, and the bear market from $1163 to $162 as wave 4 (both of the highest degree).
For now, i see this run up maxing out at $1800 - $2k, and then a substantial correction
Afrikoin,
so, hypothetically, what top are we looking at in parabolic scenario? Even MasterLuc doesnt expect attack on 10k before late 2018 (and probadly much later). 2-3 000 USD per BTC in summer?
I know, you find it unlikely, so I am mostly asking for it being possible from technical analysis perspective and EW count.
so, hypothetically, what top are we looking at in parabolic scenario? Even MasterLuc doesnt expect attack on 10k before late 2018 (and probadly much later). 2-3 000 USD per BTC in summer?
I know, you find it unlikely, so I am mostly asking for it being possible from technical analysis perspective and EW count.
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