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Bitcoin technical analysis

  • #5,981
  • Dec 22, 2017 9:43am Dec 22, 2017 9:43am
Ok, christmas sale for me is over. Buying, on M15 green bullish candle with volumes and daily candle is the biggest of all.. Thank you Santa. Now to 15000
  • #5,982
  • Dec 22, 2017 10:01am Dec 22, 2017 10:01am
Quoting vaidas7777
Ok, christmas sale for me is over. Buying, on M15 green bullish candle with volumes and daily candle is the biggest of all.. Thank you Santa. Now to 15000
I wish it does go to 15000 now....
  • #5,983
  • Dec 22, 2017 10:04am Dec 22, 2017 10:04am
It will. Its elliot wave. Credit card debt investors are out now, professionals buying. Funds and banks didnt touch this shit. But on etoro now 600 bucks SPREAD

I think this week will be a lot of debtors suicides...
  • #5,984
  • Dec 22, 2017 10:53am Dec 22, 2017 10:53am
Oh, on M15 forming , higher low, very high probbility to shoot up
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  • #5,985
  • Dec 22, 2017 10:56am Dec 22, 2017 10:56am
Quoting honesttrader
i bought three at 13850 and has been downhill since
should come back soon )))
  • #5,986
  • Dec 22, 2017 4:15pm Dec 22, 2017 4:15pm
Apparently NOW it was:

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  • #5,987
  • Dec 22, 2017 4:59pm Dec 22, 2017 4:59pm
I think Santa will be generous and will give us more the same in 2018
  • #5,988
  • Dec 22, 2017 5:26pm Dec 22, 2017 5:26pm
There’s a very good level of support at 0 in Bitcoin: The origin of the move up and a key round number.
  • #5,989
  • Dec 22, 2017 5:34pm Dec 22, 2017 5:34pm
Quoting C-12
There’s a very good level of support at 0 in Bitcoin: The origin of the move up and a key round number.
today is bullish absorption day, so I'm afraid zero won't be coming any time soon. )))
  • #5,990
  • Dec 22, 2017 5:43pm Dec 22, 2017 5:43pm
Quoting asgcorp
{quote} today is bullish absorption day, so I'm afraid zero won't be coming any time soon. )))
We might be looking a different chart? I guess anything is possible but it doesn't look strong here.
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  • #5,991
  • Dec 22, 2017 6:07pm Dec 22, 2017 6:07pm
A perfect parabola doesn't look strong to you?
  • #5,992
  • Dec 22, 2017 6:08pm Dec 22, 2017 6:08pm
Only chart that I find that looks similar is silver (on the monthly).
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  • #5,993
  • Dec 23, 2017 8:44am Dec 23, 2017 8:44am
Btc is acting like that forex traders never Seen before
  • #5,994
  • Dec 23, 2017 9:17am Dec 23, 2017 9:17am
Could this be the beginning of a bear market? time will tell
Attached Image (click to enlarge)
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Elliott wave gurus to help here
It is not over until I win
  • #5,995
  • Dec 23, 2017 9:27am Dec 23, 2017 9:27am
Quoting asgcorp
{quote} should come back soon )))
you should be in slight profit by now. )))
  • #5,996
  • Edited 10:13am Dec 23, 2017 9:28am | Edited 10:13am
Quoting karasinga
Could this be the beginning of a bear market? time will tell{image} Elliott wave gurus to help here
Hey karasinga,

the correction is not quintuple (12345) but ...
inside a triple mode (AbC) ...
... finding us in a bull market

I think that we are in the first wave Elliott
(probably in the central part 3rd composed and in execution is its fifth:
but I could be wrong.
If it were we will have a 4th @ 21700 and a top @ 24,5k.
TOP EW 1st wave ...)


P.S.
for those who believe in it ...
... forecasts lead to stratospheric prices
(a true bubble: 50k, 60k for the pessimists ...
... 100k for those who have a theoretical model )
see post 5616
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #5,997
  • Dec 23, 2017 9:48am Dec 23, 2017 9:48am
Quoting mag00
{quote} Hey karasinga, the correction is not quintuple (12345) but ... inside a triple mode (AbC) ... ... finding us in a bull market I think that we are in the first wave Elliott (probably in the central part 3rd composed and in execution is its fifth: but I could be wrong. If it were we will have a 4th @ 22570 and a top @ 25k. TOP EW 1st wave ...) P.S. for those who believe in it ... ... forecasts lead to stratospheric prices (a true bubble: 50k, 60k for the pessimists ... ... 100k for those who have a theoretical model )
Buddy, I am not really a guru in this but if this WAVE COUNT IS RIGHT then we have two options:
1. If this is a correction that had quintuple first leg then it is not complete. A bullish zigzag is in the making
2. If this is the 1st wave south then a BTCUSD is in a bear country

anything can happen
It is not over until I win
  • #5,998
  • Dec 23, 2017 10:12am Dec 23, 2017 10:12am
Quoting karasinga
{quote} Buddy, I am not really a guru in this but if this WAVE COUNT IS RIGHT then we have two options: 1. If this is a correction that had quintuple first leg then it is not complete. A bullish zigzag is in the making 2. If this is the 1st wave south then a BTCUSD is in a bear country anything can happen
Btc (h4)

OK: anything can happen.
(@everybody ... BE careful of ...)(BE = break even )
anyway ... a view of mine ...

P.S.
But ...
... what I know is that if in a bull market the 12345 sequence is in the north ...
... (in a bear market the 12345 sequence is in the south)
Attached Image (click to enlarge)
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... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #5,999
  • Dec 23, 2017 10:42am Dec 23, 2017 10:42am
Quoting asgcorp
{quote} you should be in slight profit by now. )))
No in profit but the loss has reduced significantly...
  • #6,000
  • Dec 23, 2017 10:47am Dec 23, 2017 10:47am
Quoting honesttrader
{quote} No in profit but the loss has reduced significantly...
That's good to hear. Congrats and merry xmas!
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