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emptymind replied Apr 12, 2014was wave a .......5 wave? where is everyone. am i the only one in this assylum? image
Bitcoin technical analysis
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emptymind replied Apr 12, 2014image this looks more reasonable btce seems to be leading diagonal (5-3-5-3-5)
Bitcoin technical analysis
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emptymind replied Apr 11, 2014i've looked at gann but found it too esoteric and gave up!
i don't think there will be a "top"....... yes it will rocket to the moon but will achieve a stable orbit at 100,000 or 500,000 per bitcoin and traded like the major currencies ok ...Bitcoin technical analysis
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emptymind replied Apr 11, 2014please if you have time explain what is true triangle/release constrain. my understanding is wave e is 3 waves so what correction are you talking about? thanks
Bitcoin technical analysis
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emptymind replied Apr 11, 2014i didn't think anyone would notice
yes i chose a flat because i noticed that wave 5 was very strong and had too much energy exceeding my taget by few points. i even thot it might extend it was very close. so no way the market would do a zigzagBitcoin technical analysis
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emptymind replied Apr 11, 2014do you mean above 410? wave 3 is 161.8% of wave 1... this is perfect ratio. golden ratio
Bitcoin technical analysis
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emptymind replied Apr 11, 2014this is the impulse wave i have been waiting for after the correction. indicates correction is over. we had the final c wave (of e) down and now impulse wave to upside... target for this wave 5 is 410-339.79)*.618+385.83=429.21 image
Bitcoin technical analysis
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emptymind replied Apr 11, 2014i just found out something really important while counting the days between major spikes!!!!!! bitcoin had 1st spike/high to 16.41 on 2012-8-17 236 days later another spike/high at 259.6 on 2013 - 4 - 10 234 days later we had another spike/high to ...
Bitcoin technical analysis
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emptymind replied Apr 11, 2014ok im sensing it is wave e like what you say.... here is my wave e chart......... it is finished because wave c is 61.8% of a . the minimum requirement for wave c not to be failure/truncated. so wave e is finished imo image wave a = 710 - 436 = ...
Bitcoin technical analysis
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emptymind replied Apr 10, 2014KO, i think someone hacked your account using the latest vunerability... quick change your passwod!


Bitcoin technical analysis
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emptymind replied Apr 10, 2014i think you are correct! very wise person and master elliotician

Bitcoin technical analysis
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emptymind replied Apr 10, 2014look at this chart of bershire hathaway... bitcoin will do this in 2 year
image Bitcoin technical analysis
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emptymind replied Apr 10, 2014i agree. bitcoin is very important technology. only 21 million coins available for everyone so it woudn't surprise me if it settled around 100,000 per bitcoin in stable orbit.
Bitcoin technical analysis
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emptymind replied Apr 10, 2014it seems wave 3 is 261.8% of wave 1.......... (the 421 target was total guess based on where wave 2 would end... pls ignore it) image wave 5 target if wave 4 pull back 38.2%..... 457.3 - 400.11)*.618 - 417.86 = 382.5
Bitcoin technical analysis
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emptymind replied Apr 9, 2014if we get 5 waves down move and then a 5 wave up move you will know the bottom is "in". corrections end with impulse wave and a new cycle begins with impulse wave (5down then 5 up). anything else, we didn't see bottom yet thanks LL.... that ...
Bitcoin technical analysis
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emptymind replied Apr 9, 2014thank you venzen for a very timely article. i use multibit,do i have to do anything? thanks
Bitcoin technical analysis
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emptymind replied Apr 9, 2014did it collapse? sorry, i have no idea about alternate crypto coins

Bitcoin technical analysis