adthenad21

adthenad21 Updated 

Dear Readers. I've done a lot of analysis and I get it much more now than I did before and I want to share some advice. 1) Zoom out on your charts to learn the overall trends. All crypto is speculative, meaning it follows repeatable patterns. Try to learn them from a daily move perspective. Read about Elliot Wave for Bitcoin 4.92% movement. Look at how BTC 4.92%...

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This is my second post ever, so please use accordingly. Some people (Goldman) thinks were are in Wave 4 of the Elliot Wave Principle. Please look this up if you haven't heard of it. Wave 4 is characterized as: Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three. Volume is well below than that of...

adthenad21 Updated 

I read summaries of Goldman Sachs last newsletter from early November and decided to visualize what they wrote about. From their perspective, we are in a consolidation period called Wave 4 before the 5th Wave and final wave up in this sequence. What happens after that is usually a considerable correction, which I assume is what happened in the 2014 retrace. ...