Today XUANHAIMMOER bring for you everyday update about Bitcoin . If you have not follow me, so click Follow for getting everyday update about Bitcoin every morning and LIKE this post for support me.
In last update I give all you buy zone from 37xx - 38xx and now you may in profit if you follow the last strategy of me.
The buy zone: Keep the last buy zone and I give all you in the chart with detail explain.
Stop loss: 3685$
This chart is exactly over 1 week with everyday updates. So I will keep my opinion for this one. If the price break down 3685$ so I will research again about each waves.
All detail explain and strategy that I give all you in above. Just zoom for looking wave and reading for strategy!
LOVE ALL YOU <3 <3 <3
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I also keep my opinion in over 1 week and I will keep all you update when we have any changes.
BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
The similar of Bitcoin from the past
ETH - Hard Fork - Which target for this time ?
postulate1)19891 > 6000 (WAVEA), now we are in waveC
postulate2)11780 > 6427 = C-1
postulate3)9990 > 3212 = C-3
9990/3212 ( wave 3`s length) = 3.11021
log3.11021 = 0.49278
usually 0.382 pullback > 0.382*log3.11021 = 0.18824
0.18824 + log3212 = 3.69502
10^3.69502 = 4954(wave c-4`s high)
I'm using this calculation to get rid of the distortion of the Fibonacci ratio in the log chart.
Plus wave 5`s calculation.
Using the statistical fact that in the bear market, the length of five waves is extended to 1.618 times of one wave
11780/6427 = 1.83289(wave 1`s length)
log1.83289 = 0.26313
1.618 * 0.26313 = 0.42575
10^ 0.42575 = 2.66535
4954(wave c-4`s high) / 2.66535 = 1858 (wave 5`s end)
What is surprising is that applying this calculation to the etherium-usd chart will calculate all inflection points within an error range of $ 10. In the chart from January 2018 until December 2018
wave1 > 1430 > 358
1430/358 = 3.99441
log 3.99441 = 0.60145
applying 0.618 pullback
0.618 * log3.99441 = 0.37169
0.37169 + log358 = 2.92557
10^ 2.92557 = 842 ( wave2`s high)
wave 1`s length > 1430 / 358 = 3.99441
applying 1.618 extention
log3.99441 = 0.60145
1.618 * log3.99441 = 0.97315
10^ 0.97315 = 9.40048
842(wave 2`s high) / 9.40048 = 89.56$ (wave 3`s low)
plus wave 4 calculation
applying 0.382 pullback
842/ 89.56 = 9.40151 (wave3`s length)
log9.40151 = 0.97319
0.382 * 0.97319 = 0.37176
0.37176 + log 89.56 = 2.32387
10^ 2.32387 = 210.8$ (wave 4`s high)