BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Wave (d) should not exceed 247; staying below wave (b). Note wave (d) is corrective ( abc ) so make sure to count two impulse* waves and a correction in between.

*Diagonals are impulse waves too
You're always long
+1 Reply
Balancepumps SergioLagcar
I like your charts. Keep going. More entertaining than all the other 99$ charts (which have not played out neither). thanks
+1 Reply
niconaylor lunartune23
I am bullish on bitcoin. I also think that it will reach $60,000 to $100,000 per bitcoin but you can't just draw lines of future price based off of what the last rally looked like.

Just because he's bullish doesn't mean you should agree with his drawings. That's exactly what they are--drawings. It's not technical analysis. He's got a passion for it and I admire that but he sure as hell is misleading a lot of people as to what is technical analysis.

If you want to learn how to actually read price they should definitely have an Online Trading Academy class in your local area as they have locations all over the world and in every 50 states. If you love technical analysis, why not learn from people who have made 30 year careers of only trading. I'm not here to be a troll. I'm here to help people. I also don't want to drag my mouse over a million green dots before I get to one that isn't somebody's fantasy drawings.
lunartune23 niconaylor
bottom shorters unite
just 12 ago...
user100000: "according to EWP the market will never go below 230.86"

Price was 236, I said short, tartet 216-225.
Stamp dumped to 219, no EW count for that?

btw, we have bearish pennant now.
+1 Reply
Sisko Sisko
Some typos there, but you get the idea.

*12 days ago
*target 216-225
The (d) wave in the chart above was part of wave (c). It's a simple mistake when labeling live markets these things happen. Please look at the daily chart above to see where (c) ends. I also counted 2 hour chart on my previous chart showing the wave (c) count. Thanks for viewing
-1 Reply
M4B0X. user100000
Yup, I see.
I'm for a nice cold water immersion therapy for BTC.
No position for me currently, just a peek on price action.
-1 Reply
your analysis are all wrong. stop posting shit about shit. go home!
are months analyzing the graph coming to $ 400!
six horrible to watch friend! STOP STOP STOP!!!!!!
-3 Reply
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