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UnknownUnicorn1413254
Nov 29, 2017 11:07 PM

Big retracement on the btc & cryptomarket! Based on elliot-wave. Short

COINBASE:BTCUSD*16692550*0.5+BITFINEX:ETHUSD*92862174+BITTREX:XRPUSD*38622892459+BITFINEX:LTCUSD*53927233+BITTREX:DASHUSD*7701656+BITTREX:NEOUSD*65000000+BITTREX:XMRUSD*15377976+BITTREX:XEMUSD*8999999999360

Description

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I post tomorrow more, it's mid-night where I live.. Just wanted to share.

If people also wanna chart on this chart use the following ticker:
COINBASE:BTCUSD*16692550*0.5+BITFINEX:ETHUSD*92862174+BITTREX:XRPUSD*38622892459+BITFINEX:LTCUSD*53927233+BITTREX:DASHUSD*7701656+BITTREX:NEOUSD*65000000+BITTREX:XMRUSD*15377976+BITTREX:XEMUSD*8999999999

Comment

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The idea is based on the elliot-wave theorie. The analyse could be a bit extreme.

But a retracement of the bitcoin price to 6k - 7.5k usd is realistic.
Trend AnalysisBTCUSDCryptocurrency
Comments
aburttschell
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Agree about 6-7k retracement. Don't see 3k happening with CME and NASDAQ announcements.
UnknownUnicorn1413254
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@aburttschell, the 3k is based on the elliot wave theorie. Maybe a bit to much.
CashFlowCrypto
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Elliott C Wave is never the shortest wave, right?...., are you sure about this?
UnknownUnicorn1413254
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@CashFlowCrypto, It isn't the shortest wave. The chart is made on the log scale. So in reality the second wave up is longer than the first wave.
drew.barrett
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Bear market 'til February? Yikes.
UnknownUnicorn1413254
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@drew.barrett, could be! We will see.
AlinConstantin
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@CryptoPredictions, What do you think about QASH?
acid-proof
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any updates ? ;-)
velf
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What will be with alts whith falling btc? How do u think? They will grow? I'm looking on KMD and XVG. It looks that they are cheap enough now.
Cryptocaf
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@QuentinPetit @dopiret
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