4xForecaster

#BitStamp Tending To 260 Forecast; Geo Offers Support #fibonacci

BITSTAMP:BTCUSD   Bitcoin / Dollar
In a prior predictive analysis/forecasting, the technical reasons where outlined to support a reactive rally to the 260.00 see prior analysis here:
A Quick Technical Lesson | $BTC #forex #elliottwave #bitcoin
.)

At this point, the expected rally towards 260.00 remains in force, as price surged and carved a higher high, and is now likely to have found that once-resistance/now support in the geometry's 1-3 Line.

The Fibonacci scale highlights correlations with the foreground geometry, wherein its 1.414 represents its reversal level at the geo's 5-prime, its 1.000 highlights the geo's conservative trigger level, namely Point-3, 0.618 defines the approximate level of Point-4, which defines a high-probability of attainment, whereas the most distal, at 0.786 represents a possible Cypher completion level.

These levels are likely to be visited at the probability rate defined here, but the overall picture remains submissive to bearish whims, per Predictive/Forecasting Model.


David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


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Twitter:
@4xForecaster

LinkedIn:
David Alcindor
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David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
06 JUL 2015 - UPDATE:

From Twitter/LinkedIn:
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$BTCUSD/ #bitstamp validates 5', calls for Geo's Off-Set Rule: Eyes 204.50 as high-prob target:

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$BTC #bitcoin
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David Alcindor
Reply
Macainian 4xForecaster
Just an FYI in case you had to double look, it is 240.50 not 204.50. Typo.

:)
+1 Reply
Yes, thank you @Macainian for looking out. Much appreciated.

David
+1 Reply
4xForecaster PRO 4xForecaster
TYPO: 240.50, not 204.50 - Chart unchanged:


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David
+1 Reply
Zoltanus 4xForecaster
lal
Reply
Hello @Zoltanus,

Not sure what you mean by L A L.

Please explain.

David
+1 Reply
02 JUL 2015 - UPDATE:

From Twitter/LinkedIn:
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$BTCUSD / #bitstamp DAILY chart offers a bird's eye view of the bearish probability:

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$BTC $USD #bitcoin #forex
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David Alcindor
+2 Reply
devlspawn 4xForecaster
Hey David, you really are a wizard, thanks for doing these posts for us. Really hope I can learn enough from your information before the inevitable day when it stops :) You should write a book.
+2 Reply
Thank you @devlspawn. I don't plan on stopping though. Started in 1997. Still going.

David
+2 Reply
ambition1 4xForecaster
Hi David, are you still bearish? to 200?
+1 Reply
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