mr_coinvestor

mr_coinvestor

according to Elliott Wave and my hopefully good count, abc correction should lead us to around the low end of wave 4 around 44k

mr_coinvestor

another try to count Bitcoin according Elliott Wave, Wave 5 has started and should us take above 50k, but after that, we have to prepare

mr_coinvestor

I try to count Elliott Wave count on BTC

mr_coinvestor

good morning #coinvestorarmy, what too say in these crazy days of #wallstreetbets BTC correction is not done yet, think we will see a price below 30k $ is week and that should end the correction....hopefully ;-)

mr_coinvestor

a noob is trying to count according to Eliott Wave, please don't crush me too hard :-D maybe someone has a better idea and can give some advice ?!?

mr_coinvestor

I know some chart formations, but could this be the rarly seen diamond formation ? I was one of the #coinvestorarmy I NEVER WOULD SHORT BITCOIN, not for a minute, not for a day, but if this is a diamont formation, we can but some more cheap coin Learm more about the diamont formation: www.investopedia.com Invest smart !

mr_coinvestor Updated 

I'm a crypto guy and love serving the coinvestor army. And as digital recon, I look not only in crypto, also into the stock market. I'm also one of the guys looking into numbers like all kind of debt stats, financial markets worldwide and so on. In talk with some IT workmates, I started to look into amazon with our simple coinvestor support/resistance RSI strategy...

mr_coinvestor Updated 

So, not a good one last week, would have been better to stick to cost average on fridays, but misinterpretation is part of the game. As Coinvestors the only thing to avoid is miscalculation of positions and to buy in with too much to early. Believe me, I did that a lot, so I learnt to set my posistions in the right size, to participate in the market on a support...

mr_coinvestor Updated 

Finished my project, so now I have bit more time to study the markets. Looking back over the past couple week, #BTC has left our triangle south, MACD doesn't give us any signals right now. sure we see a slight convergence, but no clear signal yet. Right now, we reach a crossroad, 6100 then 5800 are the lower supports, if they break, a wider correction with target...

mr_coinvestor Updated 

Today we take a peak on ETH....its not a coin I watch on the day bases, but its one of the Top 5. Bombed out like the rest of the market,#ETH is near its rally starting point around 90$ from 17.05.2017. Besides that its dirt cheap right now, coinvestors can grab there piece for our weekly cost averaging. Traders should go in with moderate positions and have there...

mr_coinvestor

Just a shorty today for the #coinvestorarmy, RSI is bomb out and MACD is also nearly crossing in the basement, so its a good day to stock up or do your cost avenging payment

mr_coinvestor

Normally I only write stuff here around crypto. But as support/resistance dude I am, there is one simple rule....if markets don't go up over a periode of time, they will get down...and the more liquid the market, the better. And if the fiat economy is slowing down, USD is loosing ground, it will be a great time ahead for bitoin and also the altcoin market. All...

mr_coinvestor

Whats up coinverstors, looks like our cost averaging "buy a piece of coin as week or month, but every week/month" has again paid of big time :-D The gains right now are quiet massive, I got down from buying coin every friday to buying some all 3 weeks, but mostly I had so much work in me company, I had no time to do my coin math, so nothing special here. I...

mr_coinvestor

Long time no see coinvestors :-) But with possibly leaving the b(tc)ear market, I will check by here more often. I did not change much on the coinvertor army chart, just added the blue line and the arrow for the major cross support that must not fall for sake of not loosing the upward momentum. RSI shows a good portion of an overbought market, something hadn't...

mr_coinvestor

As expected, BTC falls futher down and hit the lowest support line in our chart. Can it go further down ? Maybe, but we can also see a short squeeze pretty soon. RSI is on an iconic low, the MACD as a wide divigence and "shoulds don't buy now". Bad signs for a chrismas rally, but anyway, we coinvestors are in for the long run, right ? Cryptomarket is pretty weak...

mr_coinvestor

Today we take a look at Neo Coin. Why I'm a huge fan of it, I already explained, so lets get right into the Chart. I'm cost averging NEO for about 5 month, that's some tough shit if you loose very week. NEO is nearly in free fall due it hadn#t had any really bad news. Forming lower low over a longer period of time not resulting a a flash sell off indicates...

mr_coinvestor

BTC has outperformed most big altcoins and that quick jump back in the positive EMA200 region is a sign of returning fortitude in the cryptomarket. But I added also a new trendline (grey),that's our resistance the market has to overcome to continue this rally. For the first time since I write for you guys here, we have an overbought RSI and the MACD turns slowly...