$BTCUSD - Chart Update: Targets: 638 and 611 ... If 665 Caves In

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
453 10
$BTCUSD - Chart Update: Targets: 638 and 611 ... If 665 Caves In

Hello friends of 4xQuad!

So far, all of our targets have been hit dead-on. At present, #Bitcoin/#USD presents with a real and present danger of breaking through a significant 665 support.

If this support fails, consider 638 as a soft support level , and 611 as a solid, albeit temporary, support.

David Alcindor | 4xQuad.com
(Wanna hang and be friends? Twitter us at @4xForecaster and Like-Us onFacebook at http://www.4xQuad.com - Thanks!!!)

PS: Please, read and review our recent dead-on hits regarding the BTCUSD before sending us hate mails. We have shared our predictive analyses and hit every targets dead-on. We don't control the market, but we have a nack for accurate forecasts. Remain prudent | 4xQuad.
@Manuel Medina - Thank you for the challenging reply. So you know, and as you may see by this chart (as well as our many dead-on hits here: http://bit.ly/16JMnH8), the targets we offer our clients are not just "mowed down" price levels, but precise precise tip-top and bottom-tip levels of reversals - Again, check this chart alone to appreciate what I mean.

Additionally, here are typical dead-on hits we achieved just recently:

1) USDollar index: http://on.fb.me/19yO3XW - Price has since failed to retest these levels; our clients were able to take a position and get out without having to waste any more time and asset in this trader.

2) UK100 / FTSE: http://on.fb.me/1dIweoI - Here, the predictive analysis offers a PERFECT tip-top reversal, dead-on ... And the analysis carries on to the down-side. This represents the second leg of a forecast, where in the first part, we offered our clients a perfect top-reversal target.

3) $AUDUSD: http://on.fb.me/1kDHbdB - in this 643 pip-win example, the bottom reversal target was called weeks in advance ... Once hit dead-on, price has reversed and offered our clients additional gain to the UP-side.

4) NGAS: http://on.fb.me/11ZEkWF - Here again, a bottom-reversal ... DEAD-ON ... Price rallied to recent highs without ever looking back from our bottom-tip call.

5) XAGUSD (Silver): http://on.fb.me/16PhQaL - Here, while the market was continually looking down, we offered bullish targets and a top-reversal three weeks ahead (July 22nd). As of August 16th, our trend reversal proved correct, and we hit all target, included a lofty positioned one that many traders told us "impossible".

I could bore you with more charts with more or less the same comments, but I hope that this sample of dead-on trade forecasts - which include Forex, metals/commodities, but also stocks and indices - may answer your question. This is not to persuage you that we are right, but merely to illustrate that we are able to call a trend reversal way ahead of time, as well as define a high-probability target defined at the exact opposite of the expected price action.


David Alcindor | 4xQuad.com

PS: Yes, @whatsnextyo, the 270 target remains in force and in sight. It's not what we want, and simply what we get out of our prop trade machine - David Alcindor | 4xQuad.com
always appreciate your insightful posts david - keep up the great work!
Hello @ronfkingswanson - The targets defined in this - or any other chart - never imply or suggest a specific timing. It only defines a high-probability event independent of the time. I can see from the chart that the blue arrows may induce the trader to think that price would immediately fall, but it was not meant to define a moment, but a precise level. Sorry for the confusion (we'd love to pretend the exact time our targets would be hit, but that would be either pretentious or simply super-human ... thankfully, we are neither for sure) - David Alcindor | 4xQuad.com
ronfkingswanson 4xForecaster
got it. thx for your price targets!
Tagada 4xForecaster
So, to clarify once again, that $270 target is still a high probability in the near future, in your mind? Thanks for your analysis btw, and merry Xmas!
ManuelMedina 4xForecaster
Without a set time frame, all you are offering are self-fulfilling prophecies for it is inevitable those targets will be met at a unknown point in the future.
seems to want to just keep bouncing sideways. revised analysis of when such testing of lower supports will come?
you guys still think we will hit 280?
Tagada whatsnextyo
curious as well
flibbr Tagada
no way, this is not a stock... this is the deflationary singularity. Going to the moon.
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