Anti-deluvian
Posted 22 September 2021 - 12:51 PM
Bitcoin – BTC/USD
https://el834862649....itcoin-btc-usd/
Here is a 5-hourly chart with a variation on the bull view where alternation is now more evident. The oversold RSI suggests that Minor wave 5 should be arising.
https://childrenshea...g/?s=ivermectin
Edited by Snippit, 22 September 2021 - 12:52 PM.
Anti-deluvian
Posted 08 September 2021 - 11:24 AM
Bitcoin - BTC/USD
https://wordpress.co...rdpress.com/992
Sell the fact is the usual explanation as the sharp Minor wave 4 provides alternation and tests the 50 and 200 MA. The chart offers more time, perhaps a week, if needed for any stabilisation period. The future correction for the upcoming Intermediate (1) marker of this count has a typical target of 4.
https://el834862649....m/covid-news-4/
Anti-deluvian
Posted 12 August 2021 - 10:23 AM
The upper channel boundary is moved to its rightful position and shows its constraining influence as the price action breaches the 200 MA and peaks. Now the forces of support must combat the call of the count.
https://el834862649....coin-btc-usd-3/
Essential reference – A preview of the book ‘Corona Unmasked’ at
tinyurl.com/h46mf7hu
Anti-deluvian
Posted 08 August 2021 - 10:54 AM
Bitcoin
This daily chart analysis takes the view of the completion of Intermediate wave (1) with expectation of support at 4.
https://el834862649....coin-btc-usd-3/
re vera bonum est tibi
Anti-deluvian
Posted 07 July 2021 - 07:36 AM
Bitcoin
The above is a link to a TA video for BTC/USD from D7 Research which is unusually comprehensive, except for no Elliott Wave analysis.
BTC/GBP
This daily chart for BTC/GBP sees the completion of the 3rd Primary degree wave transition at [3]y. There is resistance here from the MA 50 and future resistance from the MA 200.
Anti-deluvian
Posted 07 July 2021 - 07:31 AM
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Master
Posted 02 July 2021 - 03:38 PM
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Anti-deluvian
Posted 24 June 2021 - 11:17 AM
Bitcoin - BTC/GBP
https://el834862649....coin-btc-usd-3/
This daily chart enlarges the previous view and adds the extension of Primary [4] to a new low spike making a 5 wave correction pattern. This was driven by a volume surge of selling that triggered a larger volume surge of buying from which the RSI was given a positive divergence.
Anti-deluvian
Posted 16 June 2021 - 04:28 PM
Looking back from when you first started posting on this thread the chances are high of this being correct. You have nailed it every time. The technicals and more so the fundamentals are still intact for more upside, the price just needed a substantial cool off since start of 2020 run.
Mistakes and wrong assumptions happen. Hopefully seen before becoming significant but sometimes they can be and they are. I just made a few mods to the last post. The Fed will soon tell us where to go.
Newbie
Posted 09 June 2021 - 11:17 AM
Bitcoin
https://el834862649....coin-btc-usd-3/
Two charts today for BTC/GBP daily and 2-hourly that attempt to explain why they see the commence of Primary wave [5].
Looking back from when you first started posting on this thread the chances are high of this being correct. You have nailed it every time. The technicals and more so the fundamentals are still intact for more upside, the price just needed a substantial cool off since start of 2020 run.
Anti-deluvian
Posted 09 June 2021 - 10:21 AM
Bitcoin
https://el834862649....coin-btc-usd-3/
Two charts today for BTC/GBP daily and 2-hourly that attempt to explain why they see the commence of Primary wave [5].
Anti-deluvian
Posted 21 May 2021 - 01:39 PM
The rise in price was too steep to sustain until the end of this cycle. The price action created by the hype from Musk 3 months ago (and leveraged longs) has now been flushed out of the system. Let's call it Bitcoin's natural healing process...
FUD and comments from Musk over the last 2 days have not caused any movement in price which means all bad news is priced in from here on.
Report on Yahoo from Wednesday informs - https://news.yahoo.c...-101825126.html
Newbie
Posted 21 May 2021 - 12:48 PM
The rise in price was too steep to sustain until the end of this cycle. The price action created by the hype from Musk 3 months ago (and leveraged longs) has now been flushed out of the system. Let's call it Bitcoin's natural healing process...
FUD and comments from Musk over the last 2 days have not caused any movement in price which means all bad news is priced in from here on.
Anti-deluvian
Posted 20 May 2021 - 03:24 PM
Good take, interested to see your updated chart.
Yesterday saw price touching the 4(y) support you mentioned at $30 000 and is currently sitting on the MA200 at $40 000. A move to either side will indicate future trend imo. A perfect storm of negative news hit this week causing massive leveraged long liquidations which then lead to panic selling. My sentiment is bullish from here, needed a healthy correction from the unsustainable highs we saw.
The link has 2 updated charts for BTC/USD. Scroll down the page to see them.
I will be posting a BTC/GBP chart which has already hit the major support and bounced.
Newbie
Posted 20 May 2021 - 10:13 AM
Good take, interested to see your updated chart.
Yesterday saw price touching the 4(y) support you mentioned at $30 000 and is currently sitting on the MA200 at $40 000. A move to either side will indicate future trend imo. A perfect storm of negative news hit this week causing massive leveraged long liquidations which then lead to panic selling. My sentiment is bullish from here, needed a healthy correction from the unsustainable highs we saw.
Anti-deluvian
Posted 19 May 2021 - 01:40 PM
Bitcoin - BTC/USD
The downtrend appears to be in full swing, but is it?
https://el834862649....coin-btc-usd-3/
Anti-deluvian
Posted 17 May 2021 - 11:30 AM
Bitcoin - BTC/USD
17th May
The daily chart is with bullish RSI divergence. The 4’s are aligned. Wave [4] has alternation with [2] and has legs that are exactly equal. Buy indications could not be more persuasive. The structure of Primary wave [3] has been with extensions created by strong momentum. Primary wave [5] can be expected to be similar or even with a Fib multiplier (possibly 1.62)
https://el834862649....coin-btc-usd-3/
Anti-deluvian
Posted 23 March 2021 - 09:18 AM
23rd March
Support needs to hold at $53350. If not then with the reduced stretching of the overextended minor waves the count is led to the probability of the recent conclusion of Primary wave [3]. Primary [4] can fit neatly in the space to the nearest (4) but can also target as far as [4]y in the case of a panic sell off.
Member
Posted 04 January 2021 - 09:37 AM
Its getting beyond ridiculous...for me, it is a scam
Master
Posted 02 January 2021 - 04:51 PM
The currency gained almost 6% on Saturday to reach nearly $31,000, before slipping back to about $30,800 as of 1:15 pm in London. It advanced almost 50% in December, when it breached $20,000 for the first time.
