Re: Nights Watch by Afrikoin

Quote from: Afrikoin on May 11, 2017, 09:26:10 AM

Another crazy EW chartist Shocked

He'll get slaughtered

source https://www.tradingview.com/chart/BTCUSD/683Ae7rS-Elliott-Wave-Count-Bitcoin-Price-Crash-Incoming/

Two possibilities:

1. Either Wave 2 ended Jan 2015 and we are currently in a Wave 3 up, OR
2. We are completing the B wave of an irregular 2 and price will come crashing down shortly.

I suspect the latter...

[img]http://i.imgur.com/reyotPk.png

Here are my comments regarding this chart for us all

"thanks for sharing this bold forecast. Ive been thinking the $162 bottom in January 2015 was possibly the bottom of wave 4, and that we've been in a wave 5 since.

I should add that there is a slack channel, a private one that's been going on for the past 8 weeks. Craight Wright, from nChain, suspected to be one of the Satoshi team, has poked holes at SegWit, and there is a plan underway to hard fork. This has not been mentioned anywhere publicly on media. But to me, it seems like the kind of event that could trigger an unexpected downturn. And its the only case, a black swan event, where i could see such a huge drop.

Only then will the count reveal itself.

Thanks again."