user100000
Long

Wave c of 5 update (expanding leading diagonal)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
WXY correction for wave ii fits well; retracing a typical 62% of wave i. It seems (almost) complete. I'm expecting wave iii             to extend because of the large base building action. Strong foundation for a large move
I like this count right about now.
Reply
I agree if we get past these goddamn bears at 245 we are all clear for takeoff. But I don't understand why wave iii now goes to 287 instead of 270 because of the "correction" yesterday.
Reply
user100000 rivet.popper
i believe wave iii will extend because of the time spent basing sideways building a solid foundation. it doesn't look right to "only" move to 267 which is the usual 1.618 * wave i level. also, wave three in general tend to extend usually 2.618 of wave one... bears cannot deny the move up. they can delay it and waste more of their capital if they wish but in the end the market wins
Reply
rivet.popper user100000
"...bears cannot deny the move up. they can delay it and waste more of their capital if they wish but in the end the market wins."

Love that!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out