BeginnersMind
Long

Long Term Bitcoin Chart

BITSTAMP:BTCUSD   Bitcoin / Dollar
8 months ago
You are welcome.
8 months ago
Comment: This could be just a correction instead of a new supercycle, however, not according to the timescale. The triangle could of course break down or breaking up could be wave iii of wave III etc.
7 months ago
Trade active
7 months ago
Comment: Looks good. 3000 CNY will confirm the uptrend. Interesting two months in the head of us if this will come true. ;)
7 months ago
Comment: Uptrend confirmed. Wait for the halving.
4 months ago
Comment: Not sure about the elliott wave analysis but price should increase faster in the next months thanks to the block halving. Inflation has decreased and it should definitely have an steady and slow effect to the price.
4 months ago
Comment: A new triangle has formed since the last drop and it will break up this or next week - it can take some time before the trend continues upward. I think it will be a start of third wave and we are inside an extended wave since the last larger triangle.
4 months ago
Comment: Next peak will happen on February 2017.
BeginnersMind
8 months ago
Buy in at $450. Stop loss $405.
+1 Reply
coinwatcher BeginnersMind
8 months ago
agreed. 450 is the signal. buying now might get you another $25 on the trade but ain't worth taking a side yet.
Reply
BeginnersMind
4 months ago
Not sure about the elliott wave analysis but price should increase faster in the next months thanks to the block halving. Inflation has decreased and it should definitely have an steady and slow effect to the price.
Reply
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