RE: Bitcoin (BTC) Mid-Day Update #2: A,B,C,D are done, so what happens after E is finished? Check out this analysis!

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Bitcoin (BTC) Mid-Day Update #2: A,B,C,D are done, so what happens after E is finished? Check out this analysis!

in bitcoin •  7 years ago 

Thanks for the update.
Price on bitfinex seems to be a bit behind from coinbase.
Which one to use?

btc_11_30_bitfinex.png

bitcoin
7 years ago by

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      ·  7 years ago 

    Bithumb Bullflag

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      ·  7 years ago (edited)

    I was just about to ask the same question...

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      [-]
        ·  7 years ago 

      Maybe you can make an arbitrage opportunity.

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          ·  7 years ago (edited)

        Now that would be a bullish downward pointing flag. Hence it does not change anything in the forecast: it should go up!

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            ·  7 years ago 

          I agree. It might influence a BTFD decision by waiting for the dips of alts that fluctuate with btc.

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            [-]
              ·  7 years ago 

            both coinbase and BFX showing bullish pattern but consider - if coinbase is right, then we are almost done with E, if BFX is right, we still have a ways to drop (and coinbase will likely break below the triangle before eventually pulling up when BFX breaks out).

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                ·  7 years ago (edited)

              Another question: what's scale should be used? In 4-hour chart, wave C looks like only half way through, but in 1-hour chart, it clearly shows it's on wave e. thank you!

              1 hour Chart

              btc_11_30_1hr.png

              4 hour chart

              btc_11_30_4hr.png

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                  ·  7 years ago 

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                    ·  7 years ago 

                  thanks!

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