Quote from: chessnut on November 04, 2015, 11:37:19 PM

Was surely the most epic blow out Ive ever seen. Im most aware how wrong the levels turned out to be but EW form is in tact and in good character. That was a fifth wave where we want it and this is the PA we need if we ever want reserve currency status.

Now we can begin looking at the bigger picture.

We are now in a higher order of wave IV. It would be unrealistic to expect it to enter the territory of wave iv (2200) but the guideline that the price tends to is enough to be cautious trading the next wave V that will likely form the primary of the next bitcoin bubble.

I will let the price speak for it's self and continue to keep the raging bitcoin bull inside me locked up in chains. Cheesy

just HODL you cold coins and stay sensible and we wont stuff this one up.

wave IV could be many things but this is a guess for now.

This is really frustrating but here we are looks like this is the case and we even have evidence in the breakdown of the triangle that this is a terminal move. aiming for a bottom in the 2200 yuan.