ReallyMe

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Just a quick idea to share: S&P 500 might be completing a so called "Triple Zig-Zag Correction" - Three A-B-C structures separated by two intervening X-waves (both three waves). If that view is true, the approx. target could be 2,250 around Jan 15, 2019.

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I do not want to shock anyone, but maybe save some from the mistaken beliefs and financial disaster. This, in my opinion, is what Bitcoin has really been doing since 2010. (Weekly bars, log scale.) If this assumption is true, it would mean that the impulsive phase is over. Gone are the beautiful Waves 1, 3 and 5. Bye bye. Until next Supercycle (if there will be...

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For all the euphoria that currently prevails. Soberly, there is every reason to regard BTC as very pessimistic in the medium term. This is not a recovery yet. Carefully compare this chart with the course of the actual recovery in late 2015, early 2016: Notice where the price was at in terms of MA123 (green) and Fibbonaci Levels and where the price is at now.

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Bitcoin has completed the 5-wave impulse sequence. And now for the 3-wave A-B-C corrective sequence. So I would expect something like this. Merry Christmas!

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Just a quick idea to share. Downtrend corrective 8 wave cycle completed with wave C. However, the next started cycle is apparently also downtrend.

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One chart says more than thousand words.

ReallyMe

Slippin' and a-slidin' Peepin' and a-hidin' Been told a long time ago Baby, I've been told Baby, you've been bold I won't be your fool no more!

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This is a quick idea on historical development of the Gold price over the past 40 years. Notice how the price reacted at the outlined fibonacci levels. In that sense, we are currently at the 0.618 "normal" level. From here, two ways are possible in the long term, either up to 0.786 $1,550 or down to 0.5 $1,050. Take your pick.

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THIS TIME IT'S DIFFERENT This is what happened Nov 2013 - Nov 2015 This is what's been happening Dec 2017 - NOW Note: THE KEY IS: the first drop goes from 1.618 -> 1

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Do not feed the whales with your money! Do not fall for FOMO! Do not buy Bitcoins before the green line (daily MA 125) has crossed the red one (daily MA 205). That's all for the moment. Take care...

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The NASDAQ100 is not looking good at all. I think it is quite close to the edge already. Who knows for how long it might go on... But if it does drop the next target would be 6200. Likewise the next targets for the major US indices would be SPX -> 2550 IXIC -> 6650 NAS100 -> 6200 DJI -> 22850 So I don't know about you but it *might* be a good idea to take...

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I will keep it short and simple. The chart says it all.

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As so often, the Bitcoin is crashing steeply: where might the bottom be? I will post my opinion, if I think it's going up again, here soon. As of yet, all I can say is, you should not try to catch a falling knife. Take care!

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Hello everyone, Just a quick thought today: The last 9 days (29 May - 6 Jun) show the same pattern as the situation 18 March - 26 March. At that time, also like this time, an attempt of an outbreak upwards ("uptrend commences" signal on 22 March and on 2 June), then a week of a tough fight between the bulls and the bears and now we are approaching, in my opinion,...

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Welcome, friends! Just a quick word of caution today. Let's get straight to the point: Don't go long yet ! Even if you are sorely tempted at times. It is not over yet. The way I see it, the Bitcoin market is still bearish and will remain so at least until the 3rd of June, maybe longer. I will keep you updated. The next drop is going to be bigger then the...

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Welcome, friends! Just a quick today's thought on the recent Bitcoin price development, the way I currently see it. I think it's worth almost nothing trying to analyze the chart on smaller scales (the most analysists on site here do), at least not at the moment. We need to step back and have a look at the bigger picture. It's my firm belief that nothing can turn...

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Welcome, friends. Just a quick thought today: I think, it sucks. It really does. Who do they think they are? And how studid do they think we are? Jerky whales are playin'em games on Bitcoin again, defending their feeding zones. That's what its all about today. No trade!