tootyfrooty

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

BITSTAMP:BTCUSD   Bitcoin / Dollar
7847 23 49
Just a dream. Would be awesome. We'll see in 6 months! :D
Maddie
2 years ago
So back to 230USD? and why till there?
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BuyBitcoin.WS Maddie
2 years ago
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 BuyBitcoin.WS
2 years ago
Why aren't we able to do that?
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BuyBitcoin.WS Maddie
2 years ago
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 BuyBitcoin.WS
2 years ago
In my opinion we could breakout @ the 3 time we reach the triangle
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tootyfrooty Maddie
2 years ago
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
2 years ago
Looks good if you hit "Play" ;)
+4 Reply
tootyfrooty heisenberg
2 years ago
Thank you. It amazes me too ! ...
+5 Reply
kakola
2 years ago
I like the part with the rocket ship
+3 Reply
Xman
2 years ago
great chart!
+1 Reply
tootyfrooty Xman
2 years ago
Thanks!
Reply
kakola
2 years ago
Funny how accurate it was during that decline and rise. Lettuce see how it goes from here...
+2 Reply
slawin
2 years ago
we will see)
+1 Reply
UrbiGT
2 years ago
Bingo! You're awesome!
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Stockman
2 years ago
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
2 years ago
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
2 years ago
BTCUSD, double support to be tested
+1 Reply
jangseohee jangseohee
2 years ago
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
2 years ago
Jesse Livermore is my idol :-)
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noobs
2 years ago
impressive
+2 Reply
rivet.popper
2 years ago
Hitting play 4 months later was awesome. You nailed it. Can we get an update please?
+1 Reply
tootyfrooty rivet.popper
2 years ago
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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