Post
Topic
Board Speculation
Re: 2018 Cryptocurrency Crash (Elliott Wave)
by
muf18
on 06/02/2018, 22:11:07 UTC
Despite not being in the crypto Market, after reading several forums and articles I am impressed on your work. It is a pleassure to read you. I must admit I just registered just to comment on this post

I am curious if possible to know which equations do you use to make this graphs. It seems so far that the prediction despite time has been quite accurate or am I missing some part?

Wow, OP is getting new fans Grin. Congratulations, idea worked!

In fact not everything was accurate. Even OP with his grim outlook was expecting BTC to bounce back from 61.8% level. That was the huge support level according to any serious analyst. However I suppose this market is manipulated so much technical analysis cannot really help much here. Poor fellow Masterluk was completely puzzled too Smiley

I have a feeling someone with a heaps of money is "drawing" those graphs on exchanges, and makes them look the way traders could feel comfortable with Smiley. Currently that "someone" carefully draws "bubble burst" picture, to seed panic, to make his media predictions true, and to make traders feel like the end of the world and dump everything. Very serious players got into this fresh market.

You are expecting sub-1k? Interesting. I wouldn't wait for price to go that deep. Too much people wait for such levels to buy in, so you may miss your chance. Somewhere above that level, should be the point where the big bounce begins. Even manipulators cannot do anything there (even if they wanted to). In fact even 2k is practically "FREE" coins.

Yeah market is manipulated so much i cant think of.
I really dont know i should participate in it, it's a shitshow in reality.
The bounce was strong and with volume, makes me believe that someone bought a lot.
Still we are in downtrend and it can go up to 9K resistance for now.