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user100000
Dec 17, 2014 2:02 PM

wave 5 zoom out Long

Bitcoin / U.S. dollarBitstamp

Description

here is my 3h chart
Comments
MoonTrader
I noticed you're still long. Do you think it's going to make a new ATH after we visit 220s?
user100000
yes. that will be the end of wave 4
5 will take us to ATH+++
MoonTrader
Cool! Great charts btw. They're not always spot on, but the seem to tell the story. I've never learned EWs myself.
user100000
thanks. no method is perfect, but i really found it very useful to see the big picture. it is very straightforward with few rules so easy to pick up
UnknownUnicorn34873
ive been experimenting with ew myself .. it's indeed giving much more insight in the bigger picture.. although it's not perfect.. i'm doing much better since i'm using it
user100000
excellent. i've noticed you've been using ewp on your latest ideas. keep up the good work
khoilevt
So , what idea go up 8000 . is this still true now ?
user100000
yes. it is based on cycle degree wave I and II which already happened. if you look at a semilog chart measure wave I (2.22-260) and copy/paste this vertical line at wave II (45) you will get 5K+. according to ew rules wave III should not be shortest so it should atleast equal wave I. at a minimum, it should reach 5K+ for wave III
khoilevt
I like this ... :)
khoilevt
i think , it will go up to 340 , before go down about 260 ...
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