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Topic: Nights Watch by Afrikoin - page 66. (Read 303310 times)

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 04:49:49 PM
BTW

Vinny Indicator is the most consistent indicator i have found on the interwebs.

Vinny is toying with people. If you read his comment and @replies, you will realize he has not changed his mind. He sold at $1200

You will see.

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 04:46:48 PM
Another thing also.

EW always makes room for alternative counts

If you dig up my history (like you have)

you will see i had alternative counts for a top

H&S

Double top

Triple top

Ending diagonal

All these from 2 months ago.


Today, i saw master luc (the master) post a chart suggesting we were in for an ending diagonal to break up to $1500 then sell off to $1000

here is the link https://vk.com/bitcoin_vanga?w=wall-130254204_1040

You can translate it


My first instinct was to laugh!  Grin

Why? because he had been calling for wave 3 and now he changes his mind? Then i came back to my senses.

It could be an ending diagonal - one of the tops i suggested for a wave 5 top!

Do you know what that means? It means a wave 5 top followed by a correction down!


I posted the image on trading strategies to make a point.


i want more coins
i want to preserve capital
i do not trade high risk swings

sr. member
Activity: 392
Merit: 250
April 21, 2017, 04:44:21 PM
Lol!  Grin

Low blow York.

I am not sure how to respond to that because, I am still not convinced we will retest $800 (the region of previous wave 4).

I have had a look around and there are other EW chartists who have come up with similar targets. Some of them shared on this thread

I have also had a look around and seen there are other analysts (few as they are) who are skeptical of this run up.


This to me, makes me confident, because I am not crazy! My analysis was not in a vacuum.


My main issue is the disconnect between the fundamentals and the current highs and expected highs.

If we made $1350 top with pre-ETF approval expectations, how are we trading this high with HF/Segwit Stall, and a post -ETF rejection aftermath?

Also what's been going on with FInex? and China?



It seems to me like a disconnect. And this is the psychology that creates overvaluation.

There is something wrong about this rise, something off about it.

I believe this is what Vinny was referring to as well.

I do not understand how you and the rest of the market cannot see the disconnect.

So i am sticking to my guns thank you!




It was just about those traders who follow your or someone else without thinking, what has resulted in some left behinds.
Its not meant a a offence or something. Its their fault.
The same thing is going on with Vinny Lingham, he said $800 when we were at $1300.
After that we reached $875, and now they are complaining to him muhh I am still waiting for $800 because you said so.  Roll Eyes
Anyway, I still think that its quite funny.
Lets make trading great again, we dont need to focus to much on precise targets, but more on the movements.
You are doing a great job man, still really enjoying everything thats posted here.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 04:35:46 PM
Lol!  Grin

Low blow York.

I am not sure how to respond to that because, I am still not convinced we will retest $800 (the region of previous wave 4).

I have had a look around and there are other EW chartists who have come up with similar targets. Some of them shared on this thread

I have also had a look around and seen there are other analysts (few as they are) who are skeptical of this run up.


This to me, makes me confident, because I am not crazy! My analysis was not in a vacuum.


My main issue is the disconnect between the fundamentals and the current highs and expected highs.

If we made $1350 top with pre-ETF approval expectations, how are we trading this high with HF/Segwit Stall, and a post -ETF rejection aftermath?

Also what's been going on with FInex? and China?



It seems to me like a disconnect. And this is the psychology that creates overvaluation.

There is something wrong about this rise, something off about it.

I believe this is what Vinny was referring to as well.

I do not understand how you and the rest of the market cannot see the disconnect.

So i am sticking to my guns thank you!


sr. member
Activity: 392
Merit: 250
April 21, 2017, 04:18:11 PM
Afrikoin I just wanted to show you this, makes me smile everytime.

Guys

$800 is coming

And Vinny lingham indicator just confirmed sub $875

Sell your coins at the best price you can get

Prepare to buy lower

This is not a drill


$1400+? this marks a new ATH, I really don't see how we will move to $800? The gap get's bigger each day...

I dont agree. People are way to positive right now. 500 000 USD predictions everywhere. 2000 USD next month everywhere. High expectations+ bad fundamentals = ... We both know the awnser.

Those $500,000/BTC predictions are for JOKES.
I will stick with Afrikoin's $800's scenario...

I dont agree. People are way to positive right now. 500 000 USD predictions everywhere. 2000 USD next month everywhere. High expectations+ bad fundamentals = ... We both know the awnser.

Those $500,000/BTC predictions are for JOKES.
I will stick with Afrikoin's $800's scenario...
lol $800? Hahah sry. Never going to happen again. Looks like you are out of the game for good. The market never does things that you want to do. Africoin was wrong about $800. You cant expect him to be 100% correct. Every minute every hour, every day you are losing btc because you dont get in. Strategy is simple: sell at tops buy the dip. Never sell the dip because you dont know if it will go up again. When you keep waiting for $800 you have to wait for a long looong time my friend. Traders come and traders go, only hodlers and good traders survive in this market. BTC is unpredictable with exact bottoms and tops. But the main pattern and indicators are clear.

Your reputation york780 doesn't make you trustworthy, sorry Stick to your own b-class thread please.
Fine. You will be left behind just like kwuckduck
sr. member
Activity: 392
Merit: 250
April 21, 2017, 04:07:51 PM
Small correction done, expecting a continuation of the uptrend.

Bold predictions: Approaching $1500 in June, and $1800 by the end of this year.

(BITCOIN PRICE INDEX $1,193.05)

Bbut we are waiting for $800??  Shocked
Bbuttt bitcoin is bearish?
Anyway thats the price of trading.
Some newbies got left behind for good like I said weeks ago.
Shannen87 I am really sorry ^^

Good night Afrikoin, I love double W bottom patterns.
Its like a bullish platform, but we are topping so your b could still happen.
Anyway lets see tomorrow.


 
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 03:40:58 PM
Small correction done, expecting a continuation of the uptrend.

Bold predictions: Approaching $1500 in June, and $1800 by the end of this year.

(BITCOIN PRICE INDEX $1,193.05)
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 01:16:39 PM
My weekly bitcoin price rant analysis written yesterday https://www.deepdotweb.com/2017/04/21/bitcoin-price-analysis-march-21-2017/
legendary
Activity: 2674
Merit: 2053
Free spirit
April 21, 2017, 10:31:49 AM
Had to learn it the harder way but good advice.


*edit*
Maybe worth adding that even when you do everything right sometimes shit happens.

Haircuts, scammers and exit scams abounded over the last few years.

*edit*

sr. member
Activity: 392
Merit: 250
April 21, 2017, 09:40:39 AM
So, what are you trading for, Afrikoin?

Actually, that reddit advice is great, once you figure out the dominant trend. If it's a bull market, you buy and hold; if it's a bear market, you sell and hold Wink
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 02:54:48 AM
Depends on your strategy

What is your strategy?

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 21, 2017, 02:14:02 AM
bitfinex gold parity

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
April 21, 2017, 01:53:30 AM
Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar

http://sweeglu.com/irregular-correction-of-elliott-wave-theory-explained-by-deepak-kumar/

Perhaps we are in an unrelenting bull market where we have fundamental world wide demand that is pushing the price up?

Maybe?

I mean, its not like we are having day after day of crazy fomo circa 2013.  Its just slow, methodical movement of buying and its been going on for a long time now with the occasional areas becoming overbought.

yeah. maybe



Aha, bargaining!  Cheesy

Just kidding, and please let your posts coming Afrikoin. Appreciate the opposing perspective you are having over most of the board.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 20, 2017, 07:21:27 PM
Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar

http://sweeglu.com/irregular-correction-of-elliott-wave-theory-explained-by-deepak-kumar/

Perhaps we are in an unrelenting bull market where we have fundamental world wide demand that is pushing the price up?

Maybe?

I mean, its not like we are having day after day of crazy fomo circa 2013.  Its just slow, methodical movement of buying and its been going on for a long time now with the occasional areas becoming overbought.

yeah. maybe

legendary
Activity: 2156
Merit: 1070
April 20, 2017, 06:49:59 PM
Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar

http://sweeglu.com/irregular-correction-of-elliott-wave-theory-explained-by-deepak-kumar/

Perhaps we are in an unrelenting bull market where we have fundamental world wide demand that is pushing the price up?

Maybe?

I mean, its not like we are having day after day of crazy fomo circa 2013.  Its just slow, methodical movement of buying and its been going on for a long time now with the occasional areas becoming overbought.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 20, 2017, 06:47:42 PM
Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar

http://sweeglu.com/irregular-correction-of-elliott-wave-theory-explained-by-deepak-kumar/
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 20, 2017, 04:50:07 PM
sr. member
Activity: 462
Merit: 263
The devil is in the detail.
April 20, 2017, 03:57:43 PM
On Tone Vays recent podcast he said he dosen't see any bearish indicators and it should be full bullish steam ahead to a new all time high, unless some black swan event happens.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 20, 2017, 02:30:51 PM
What kind a line of defense is that? You paste someone else chart that is already obsolete. And that does not change the fact that your EW is correcting to new ATH.

You had ABC correction already as C (WXY) from march 16 to 25.

do this

follow this link

dig up through my post history

You'll see what i mean
member
Activity: 70
Merit: 10
Small trader
April 20, 2017, 02:17:05 PM
What kind a line of defense is that? You paste someone else chart that is already obsolete. And that does not change the fact that your EW is correcting to new ATH.

You had ABC correction already as C (WXY) from march 16 to 25.
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