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cocoz
Jan 5, 2018 9:36 AM

BTC WAVES UPDATE 3 Short

Bitcoin / Tether USDPoloniex

Description

I continue to publish my idea on bitcoin, while everything is clearly marked out.
Comments
cryptoglyph
Interesting, this is the lowest bearish target I've seen in anyone's analysis. How did you arrive at this target?
cocoz
@cryptoglyph, This is wave level 4
cryptoglyph
@cocoz, yes but does it correlate to a fibonacci level or did you just pick a random number? :D
cocoz
@cryptoglyph, Look at the past large-scale falls, and say there are also random Fibonacci levels, if the fall was almost 10 times, do Fibonacci have such levels?
cryptoglyph
@cocoz, but why do you think it will fall to 2113, and not 4113 or only 8113?
cocoz
@cryptoglyph, I already wrote that this is the level of the previous wave 4
cryptoglyph
@cocoz, I don't get it but ok, we will see what happens. good luck :)
cocoz
@cryptoglyph, I do not need luck, I do not trade on this instrument.
cocoz
@cryptoglyph, Caaamooon) Good luuuck)
cryptoglyph
@cocoz, haha come on 2k is still far away, it's waay too early to pat yourself on the back already! :) But I'll definitely give you props for a nice call if we go down there! and I'm still curious to how you came up with your target level because I don't understand where you got that number from
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