Post
Topic
Board Speculation
Re: =Analysis Fractal=
by
Livermore
on 11/05/2015, 15:35:29 UTC
http://i.imgur.com/8RkX8g7.png

New analysis, this time monthly chart with the 2000's Yahoo bubble. In this view the entire move of BTC from $5 to $1200 was one massive bubble in three parts, not three bubbles.

This fractal supports Scen B: Bottom at $90.

AO supports B and C.
Fisher supports B and C.
Aroon supports B.

Very bullish if price breaks above $330, the 10month (30 week, 200day) EMA, scenario B and C become very unlikely. Otherwise its current destiny is down down down to $90 for a capitulation bottom. We shall see.


My suggestion: Current portfolio 70%BTC 30%Fiat. If price breaks under 210, all out and rebuy at $90 (Scen B playing with possible Scen C continuation). If price breaks above $330, all in (Scen A playing).


http://i.imgur.com/8RkX8g7.png