tootyfrooty

A dream. Published so I can look back in six months.

BITSTAMP:BTCUSD   Bitcoin / Dollar
7870 23 49
Just a dream. Would be awesome. We'll see in 6 months! :D
So back to 230USD? and why till there?
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because we will not be able to break past the 480-520 level. Then we will have to fall back down and retest that 275 low which might fail etc.
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Maddie BitcoinGuru
Why aren't we able to do that?
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as you see in the chart, we've been stuck under the bearish december triangle for an entire year. the only way imo we break out of it would be with mass users adoption (unfortunately we haven't made it their yet), maybe in few years (2015-2016) from now we will :)
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Maddie BitcoinGuru
In my opinion we could breakout @ the 3 time we reach the triangle
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3 drives pattern is my reasoning for the final bottom lower. I think EW also fits in with this chart.

As I say, this is just a dream for me. This chart will likely be total shit when you hit "Play" in 2 months time ;)
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heisenberg tootyfrooty
Looks good if you hit "Play" ;)
+4 Reply
tootyfrooty heisenberg
Thank you. It amazes me too ! ...
+5 Reply
I like the part with the rocket ship
+3 Reply
great chart!
+1 Reply
Thanks!
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Funny how accurate it was during that decline and rise. Lettuce see how it goes from here...
+2 Reply
we will see)
+1 Reply
Bingo! You're awesome!
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bitcoin = worth $10 - 100$ max .... can be cut into 0.00000001 pieces, makes it billions and billions of coins, mathematician here that understands it.
-2 Reply
LastBattle Stockman
It can be cut, but who wants to buy 0.00000001 coins from you at x dollars if you were to remit millions of dollars?
Do I trust you to do so?

Nope. Your argument is invalid.
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jangseohee jangseohee
snapshot
+1 Reply
I've quite of the same finding.

1-Year falling wedge is close to completion.
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jangseohee J.Livermore
Jesse Livermore is my idol :-)
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impressive
+2 Reply
Hitting play 4 months later was awesome. You nailed it. Can we get an update please?
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tootyfrooty rivet.popper
Thanks, mere pot luck if anything!

As you can imagine, plenty of things change over the course of multiple months, especially in Bitcoin time! For instance we overshot my bottom mark, by a good 90$ or so - falling out of the bottom support trendline.

Now for where we go from here, we'll just have to see. I closed my longs in the 29x area (WhaleClub.Co/Signals/BTCTooty) and I'm awaiting to see how the market reacts (we started selling off nicely). Do we roll over with 3D driving us down, or do we find support again and move on up through the 3D EMAs. Who knows :).
+1 Reply
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