BTC has likely started white wave 4. We are seeing 5 waves up for wave a.
There also was a bullish iSHS pattern in the overnight price action, but the minimum target was already hit in wave a...
There is not much more to be said here. We should see some kind of corrective pattern for white wave 4 and the final crash right after it is done... Stay tuned...
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
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Looks good thanks!
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This is such a bad time to be locked out of your exchange account :(
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Oh, yeah, this is a very bad time indeed.
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Everytime I tried using traditional indicators for cryptos, they surprise me by doing something different... But today looks good.. thank for sharing @ew-and-patterns... :)
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Thanks for the update.
Upvote and resteem done!
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Party's over. Time to figure out what is going to replace Bitcoin?
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i'm bearish too with BTC however there will be a short term bull run https://steemit.com/bitcoin/@superblocks/bitcoin-btcusd-update-19-jan-more-bearish-soon
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Одно добро в перспективе:)
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Resteem &vote
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Great chart I kind of came to the same conclusion. I would appreciate your feedback!!! https://steemit.com/bitcoin/@masterthematrix/bitcoin-when-do-the-big-fish-eat-the-little-ones-big-picture-analysis-logarithmic-chart-from-2013-2018
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Very useful informations @ew-and-patterns.
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This was my yesterday daily freestyle. It's all good guys, hodl
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Ich war heute ein bischen spät weil hier auf Mauritius ein Cyclone wütet und ich ein paar mal kein Strom und Internet hatte.
Zum Glück ist er langsam am abschwächen.
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Hossa! In Deutschland gibt es auch gerade landesweit Orkanböen mit 120 km/h. Sieht man auch nicht jeden Tag hier...
Was ist ein Zyklon? So eine Art Tropensturm?
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Ja hab heute mit meiner Schwester in Berlin tel. und sie sagte mir auch das da ein fettes Unwetter wütet.
Ja ein Zyklon ist ein Tropensturm so wie ein Hurricane.
Das Bild ist von vor 2 Tagen er war jetzt schon über uns.
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Sieht gefährlich aus. Hat das Ding viel verwüstet? Oder nur viel Regen gebracht?
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Er hat viel verwüstet und der viele Regen hat für Überflutung gesorgt der Wind hat etwas nachgelassen aber es regnet noch wie Sau.
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Thanks for yet another update, @ew-and-patterns.
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So we are yet to see one more downtrend towards 8K?
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wow... what a nice post it is! i think people of all ages learn many think from here...so amazing
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Let me reblog.? I have Voted you. Thanks sir
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Feel free to resteem if you want.
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This is the first market analysis I have agreed with all day.
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I can see five impulsive waves up. Can this be a sign of a break out?
https://www.tradingview.com/x/wMAP5NLy
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it's so hard with bitcoin!! Technical Analyst seem not to matter at times@@ i hear some traders saying that Btc is in the channel and as long as we stayed above 10k we could see it test 14k and the if their wasn't enough to break out then it would retrace from there, whats your opinion on this? i like your graph though by all means ! that looks like whats suppose to happen, now will it, is the question!!
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Oh, I really hope the final crash does not happen and that bitcoin recovers to some nicer values.
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Thanks also from me for sharing! Upvote and reeesteeemed tooo!
Hugs out
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