Plebeian Tribune
Posted 09 January 2022 - 10:10 AM
https://el834862649....itcoin-btc-usd/
This analysis notes that [4] is 0.786 of [2] and projects from this to suggest that wave [3] of Cycle III is next up.
Kakistocracy - “Government by the least qualified or most unprincipled citizens (from the Greek kakistos “worst.”) = similar concept to how South Africa does it.
Plebeian Tribune
Posted 10 December 2021 - 11:12 AM
Bitcoin – BTC/USD
https://el834862649....itcoin-btc-usd/
Looking into Primary wave [5] there is a lack of alternation between (2) and (3)y which leans towards the extension of Intermediate wave (3). Intermediate wave (4) appears to be concluded. Provided, of course that Primary wave [5] is not already concluded.
Edited by Snippit, 10 December 2021 - 11:13 AM.
Plebeian Tribune
Posted 10 December 2021 - 11:01 AM
Looking into Primary wave
[5][font=&] there is a lack of alternation between
[/font](2)[font=&] and (3)y which leans towards the extension of Intermediate wave
[/font](3)[font=&]. Intermediate wave
[/font](4)[font=&] appears to be concluded. Provided, of course that Primary wave
[/font][5][font=&] is not already concluded.
[/font][/font]
Plebeian Tribune
Posted 28 October 2021 - 09:49 PM
BTC/GBP
https://el834862649....itcoin-btc-usd/
The progress yoyos sideways and suggests that the transition is of the higher order.
https://el834862649....m/covid-charts/
Plebeian Tribune
Posted 21 October 2021 - 07:06 AM
https://el834862649....itcoin-btc-usd/
This 5-hourly chart for BTC/GBP captures the new high on the approach to the completion of Intermediate wave (3) and locates the target for (4). Alternatively there may be an extension transition at 3 to 4 which would push the projections higher.
https://el834862649....m/covid-charts/
Plebeian Tribune
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.
Plebeian Tribune
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/
Plebeian Tribune
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
Plebeian Tribune
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
Plebeian Tribune
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.
Plebeian Tribune
Posted 07 July 2021 - 07:31 AM
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Master
Posted 02 July 2021 - 03:38 PM
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Plebeian Tribune
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.
Plebeian Tribune
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.
Plebeian Tribune
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].
Plebeian Tribune
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.
Plebeian Tribune
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.
