BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here is what I believe is underway so far. I believe the pink wave i is a lower degree wave and is part of future purple iii             . Pink wave iii             of purple wave iii             should be very powerful and "vertical". As you may know, most powerful wave is wave three of three...
Might still happen, when it happens it would be in a few days, April 29-May 3 could be the start if this scenario plays out.
ChartArt ChartArt
Here is my bullish scenario chart:

I love this, but I have to admit there are other conflicting counts. Can you please give these alternative counts when you post? I think it would add a lot of credibility to your prediction calls.
user100000 rivet.popper
I think the conflicting counts are from people who didn't examine the structure of the market since 2.22. Once you know the overall pattern is an expanding diagonal with wave ((5)) remaining to complete; it all becomes very clear. All previous wave (a) were expanding diagonals strangely just before launching into bubbles just like this most recent move from 152 mid January. That's why I feel I'm on the right track and have more confidence with my count. So far, the expanding diagonal count since 152 hasn't gone wrong. I think most people are not familiar with expanding diagonals because text books tend to emphasise more standard impulsive waves.
+1 Reply
rivet.popper user100000
Just because you're going up against some other well-known EW analysts like Dan V, who counts these waves as part of a larger downtrend.

I just hope you're not using the expanding diagonal phenomenon as a kind of patch to ensure that your count makes sense. Because if you didn't assume an ED, your count wouldn't work, would it? I think that should be stated in your posts. As in: "If you assume this is an ED, here is the uptrend. BUT if you don't accept the ED, we are in a downtrend."
rivet.popper rivet.popper
That said, I appreciate your work and, of course, hope this is an ED making this count the right one. If not, I'll have to bail if we go below 200 and get back in at 100 or below...
blind bull
user100000 oldstout
hope you're quick to avoid margin call
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out