I gambled and I lost10개월 전 by youp51 in bitcoinI gambled and I lostOf course I know that holding leveraged positions is risky and I thought I had a pretty large safety margin. Yeah…
Wave ii bottom in sight10개월 전 by youp51 in bitcoinWave ii bottom in sightWe are approaching the weekly parabolic support line which leads to over 100k in September 2021. Also, the…
Trying to label Elliott wave ii11개월 전 by youp51 in elliottTrying to label Elliott wave iiThe wave ii correction started a bit slow, but has been picking up steem lately. On Bitfinex, today, we printed a…
Wave 2 target: somewhere between $8k and $9k11개월 전 by youp51 in bitcoinWave 2 target: somewhere between $8k and $9kFinally, wave 1 seems to have topped. Wave v decided to extend itself from 9650 to 10500, almost a 1000$. It's…
Another try to call the wave 1 top11개월 전 by youp51 in bitcoinAnother try to call the wave 1 topA quick update. I was too early in calling the top and that's not the first time. Maybe now we're there as at least…
Wave 1 is complete, corrective wave 2 is next11개월 전 by youp51 in bitcoinWave 1 is complete, corrective wave 2 is nextThe move up is looking very five wave-ish. Not just on bitcoin, but also on the total crypto market and the…
Frontrunning the S2F model작년 by youp51 in bitcoinFrontrunning the S2F modelThe breakout out of the correction seems confirmed. Please note that we are above the weekly 21 SMA, 21 EMA and 21…
The bull market is back!작년 by youp51 in bitcoinThe bull market is back!Above a chart of the total crypto market. We've found support on an important level in November and December and have…
Litecoin is moving작년 by youp51 in bitcoinLitecoin is movingLitecoin seems to be breaking out! And, looking at the weekly chart, it's about time. Just 4 days ago, there…
I'm moderately bearish작년 by youp51 in bitcoinI'm moderately bearishYes, we are pushing against the red neckline of a head and shoulders reversed pattern. And yes, if we break this…
Not out of the woods yet작년 by youp51 in bitcoinNot out of the woods yetWe had a nice move up yesterday, but I don't think we're out of the woods yet. Elliott wave wise this is the third leg…
Bitcoin futures & options, some thoughts작년 by youp51 in bitcoinBitcoin futures & options, some thoughtsThe crypto markets are very quiet this time of year. So, let's take an excursion into exploring bitcoin options &…
A new low in December작년 by youp51 in bitcoinA new low in DecemberThis week we've seen another important bottom in December as prices decided to drop just below the November deep. On…
The On-Balance Volume Indicator작년 by youp51 in bitcoinThe On-Balance Volume IndicatorThere are those who believe that volume precedes price. Joseph Granville was one of them and he developed the…
The December Effect작년 by youp51 in bitcoinThe December EffectImportant tops and bottoms for bitcoin tend to occur in or around December. In fact, only the 2011 and 2019 tops…
"...the price of any commodity tends to gravitate towards the production cost...", Satoshi Nakamoto작년 by youp51 in bitcoin"...the price of any commodity tends to gravitate towards the production cost...", Satoshi NakamotoWell, if the purpose of this drop is to scare the bulls, they've succeeded. Some are even questioning if the move up…
Wave 3 progressing, part V작년 by youp51 in bitcoinWave 3 progressing, part VThis is going down too fast now. I think I need to relabel as above, or something like it. The October impulse has…
Wave 3 progressing, part IV작년 by youp51 in bitcoinWave 3 progressing, part IVSevere pressure by the bears is put on the price of bitcoin. I had expected the 61.8% retracement level to provide…
Wave 3 progressing, part III작년 by youp51 in bitcoinWave 3 progressing, part IIIThe situation is pretty clear. We have made a impulse up (from the October 23 low to the October 26 top) and are now…
Wave 3 progressing, part II작년 by youp51 in bitcoinWave 3 progressing, part IIWithin the larger wave 3, we have completed encircled wave i and are about to complete encircled wave ii. Looking…