Yet another analyst :) - page 11. | Bitcointalksearch.org

firstcrypto

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Quote from: lucif on July 12, 2013, 04:05:52 AM

Quote from: xorglub on July 12, 2013, 04:01:50 AM

So, if your new count materializes we should expect a correction to this obscene rally soon (in the form of an abc correction), but overall we witnessed the birth of a new uptrend ?

Hourly adx at 80 suggest a strong correction at least to 80.

I hope you are right....
Just bounced on the trendline though...

lucif

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Clown prophet

Still looks like middle weekly BB retest after fall. If purple break up, my counts should be reviewed.

bitcodo

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Ah, so 66 should be 1 (of B to C). I thought that problem was thinking that 66 was 5 (and not 3) and the beginning of new bubble (this 5 up).
I have to work very very hard on time frames.

lucif

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Quote from: xorglub on July 12, 2013, 04:01:50 AM

So, if your new count materializes we should expect a correction to this obscene rally soon (in the form of an abc correction), but overall we witnessed the birth of a new uptrend ?

Hourly adx at 80 suggest a strong correction at least to 80.

lucif

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Clown prophet

Quote from: lucif on July 12, 2013, 03:43:44 AM

My main count was like that

However on daily candles wave up from 65 low still looks like ABC. The downtrend line should hold on two daily close to leave this one valid.

xorglub

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I see. Makes sense. Thank you lucif for explaining it to us simple mortals

So, if your new count materializes we should expect a correction to this obscene rally soon (in the form of an abc correction), but overall we witnessed the birth of a new uptrend ?

cosmicblue

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Dont forget the fca subwave b to up @ 3x down to cfe with 5 point upward pressure .

myself

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chaos is fun...…damental :)

Quote from: lucif on July 12, 2013, 03:43:44 AM

My main count was like that

unless there was a abc to B not a abce triangle to B

lucif

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Clown prophet

My main count was like that

65 low was 1. And current high should be 2. Second wave is a corrective one. So it should consist of 3 sub waves (ABC), not five. But current 2 looks like consists of 5 subwaves. As I said earlier, some my indicators make me worry about further downtrend fate. Current wave 2 consisting of 5 subwaves gives plus to my worries.

bitcodo

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Quote from: Frozenlock on July 12, 2013, 03:17:54 AM

Quote from: lucif on July 12, 2013, 03:14:35 AM

Impulse from 65 low? Hmmm....

As a beginner, would you mind explaining just a little bit more? Tongue

I think that in bear market you have 3 up, 5 down (in bull 5 up, 3 down). This was 5 up and now should have 3 down. Or was it just 3 up, and now 5 down?. Any way, we should go down now.

Frozenlock

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Quote from: lucif on July 12, 2013, 03:14:35 AM

Impulse from 65 low? Hmmm....

As a beginner, would you mind explaining just a little bit more? Tongue

lucif

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Clown prophet

Impulse from 65 low? Hmmm....

Frozenlock

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Well, at least now I know that I was completely and utterly wrong. Lips sealed

siulynot

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Quote from: Frozenlock on July 11, 2013, 10:00:35 PM

Thanks, I've already PMed Waveaddict. I'm waiting his answer.

super lol. i respect u, frozen.

going to have the ride of your life

Frozenlock

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Thanks, I've already PMed Waveaddict. I'm waiting his answer.

myself

legendary

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chaos is fun...…damental :)

Quote from: Frozenlock on July 11, 2013, 05:36:19 PM

Amigoingitrite?

i spammed u there with some tips if you want to learn more pay for it, books, videos, seminaries or service like this https://bitcointalksearch.org/topic/its-called-a-correction-waveaddicts-bitcoin-charting-subscription-thread-63880

Murderous_wabbit

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Lucif, as far as prognosticators go, you have done very well since the $260 top. I've looked back over the last week of posts and I don't see a chart with latest EW counts or TA. I only saw a pennant that you pointed out.

Would you mind posting an updated analysis for the small brains like myself??

Thanks!!

ElectricMucus

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Marketing manager - GO MP

Quote from: BrightAnarchist on July 11, 2013, 05:38:29 PM

Wave 4 cannot overlap the territory of wave 1, so blue labels are invalid

I'm snickering every time you EW followers say that. It has a basis in reality but feels like you are stuck in some sort of black/white thought process hindering you to find out how that there is actual mathematics which can describe your holy roles as a subset, everything in-between and beyond that.

In a way it's like musicians only have leaned to use the numbers 2 3 and 5 without realizing they are primes.

Frozenlock

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