Topic: Nights Watch by Afrikoin - page 71. (Read 303310 times)
Is 800 still on the table and what chance do you see for it?
Via gregory maxwell
I do not support the BIP 148 UASF
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/014152.html
I do not support the BIP 148 UASF
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/014152.html
"The choppy conditions have intensified over the past 24 hours..."
https://twitter.com/BullBearAnalyst/status/852908965591732224
https://twitter.com/BullBearAnalyst/status/852908965591732224
Tone Vayes
Option 2
This also retraces 50%
but it does not bounce off the 50% fib and back up, instead, it continues on down
it would be similar to the rise from $945 to $1120 back in mid - March
aand, it falls in 5 impulsive waves down.
Only at $1060 - $1100 can we conclusively say whether we are going more down or up to $1300s, $1350 and break past it (an irregular B wave)
This also retraces 50%
but it does not bounce off the 50% fib and back up, instead, it continues on down
it would be similar to the rise from $945 to $1120 back in mid - March
aand, it falls in 5 impulsive waves down.
Only at $1060 - $1100 can we conclusively say whether we are going more down or up to $1300s, $1350 and break past it (an irregular B wave)
OPTION 1
Here is one play out i am looking at.
The current down move retraces 50%, making the zig zag formation we have been on the A
the B would be the 50% retracement
Followed by a 5 wave impulsive move up
so i would looking for a wave 1 -2 immediately after a low is found ($1100 - $1060)
Similar to what happened late last year /earlier this year (IN blue)
Here is one play out i am looking at.
The current down move retraces 50%, making the zig zag formation we have been on the A
the B would be the 50% retracement
Followed by a 5 wave impulsive move up
so i would looking for a wave 1 -2 immediately after a low is found ($1100 - $1060)
Similar to what happened late last year /earlier this year (IN blue)
Thanks for sharing these. I really do find them all very interesting.
I call this playing toy.
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
Most of the times, the end of a bearish correction is not at the lowest point of where the market went.
If this is not an impulsive move up, are you really denying that crypto is in a bull market?
It's good to see the bears are still hoping, that strengthens the claim of the bull. The only time where one needs to be really wary is when everybody is convinced that all is rosy.
The target I shared is based on support resistance levels on the weekly chart.
There is very strong support at $650.
I shared a chart some pages back if you had bothered to look
Chart was by Joel on a bitcoin Price analysis article on bitcoin magazine
The problem I have with this is the following. ETH and BTC are basically inverse. If BTC goes down 40%, and we are still in a crypto bull market, ETH may double or triple again. Then you have ETH at a HIGHER market cap than bitcoin.
Is that REALLY going to happen, right now in 2017?
Due for a mild correction?
(BITCOIN PRICE INDEX $1,190.74)
(BITCOIN PRICE INDEX $1,190.74)
I call this playing toy.
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
Most of the times, the end of a bearish correction is not at the lowest point of where the market went.
If this is not an impulsive move up, are you really denying that crypto is in a bull market?
It's good to see the bears are still hoping, that strengthens the claim of the bull. The only time where one needs to be really wary is when everybody is convinced that all is rosy.
The target I shared is based on support resistance levels on the weekly chart.
There is very strong support at $650.
I shared a chart some pages back if you had bothered to look
Chart was by Joel on a bitcoin Price analysis article on bitcoin magazine
I call this playing toy.
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
Most of the times, the end of a bearish correction is not at the lowest point of where the market went.
If this is not an impulsive move up, are you really denying that crypto is in a bull market?
It's good to see the bears are still hoping, that strengthens the claim of the bull. The only time where one needs to be really wary is when everybody is convinced that all is rosy.
You know if you shared a chart along with your opinions we would all appreciate it.
It's fine to critic.
But its better to critic with an alternative analysis.
Saying this won't happen does not offer much in terms of thought progress.
So either share a chart and or analysis
Or shut the fuck up and gtfo
My Bitcoin Price analysis April 13 2017. I wrote it yesterday before the drop
This is a good summary of my thoughts ATM
https://www.deepdotweb.com/2017/04/13/bitcoin-price-analysis-april-13-2017/
This is a good summary of my thoughts ATM
https://www.deepdotweb.com/2017/04/13/bitcoin-price-analysis-april-13-2017/
I call this playing toy.
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
This is me trying to figure out how the complex correction at $162 might have been.
It was clearly NOT an impulsive 1 2 3 4 5 wave up. So it must have been a correction.
This would be a leading diagonal A. that would possibly put as in wave 1 on a higher degree and possibly the down to come would be wave 2, then mega mega wave 3.
But we will only know this at $650
Most of the times, the end of a bearish correction is not at the lowest point of where the market went.
If this is not an impulsive move up, are you really denying that crypto is in a bull market?
It's good to see the bears are still hoping, that strengthens the claim of the bull. The only time where one needs to be really wary is when everybody is convinced that all is rosy.
1600??
I guess 800 is out of the question now
I guess 800 is out of the question now
Of course 800 isn't out of the question. Africoin is just providing a possible alternative. But we are heavily weighted towards his previous predictions imo.
1600??
I guess 800 is out of the question now
Not for shannen87, he will wait for $800 because of muh brain error. I guess 800 is out of the question now
1600??
I guess 800 is out of the question now
I guess 800 is out of the question now
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