Post
Topic
Board Speculation
Re: 2018 Cryptocurrency Crash (Elliott Wave)
by
AR_fan
on 05/09/2018, 12:53:50 UTC
nice call wave man, i think we go to 5200, all they need now is to time well the rejection of the ETF for us to go down big

what i wonder is what happens next, there is the BAKKT exchange and I assume it will be a sell the news moment and i'll treat it that way, but where will be resistance? In 2014-2015, there was 382 400 and 332 that were support for a long time, once we break it they became resistance, after bottom we couldnt even break 300-313 for nearly 11 months

now we have 6450 5750 5876, these will become resistances once we break it

if we stop at 5200 that doesnt give much of a bounce to be honest so doubt it will be the bottom, maybe we'll stop them because traders have to cover their short and 30% swing with leverage is good profit and its been whats been done so far

well, we'll see

and poor eth holders, this is going to be messy for them, please wave man share us a picture of their future chart !

EDIT: the fact this thread never stays long on page 1 is also an indicator; its like secret hidden knowledge the whales in control of the market dont want the masses to know; same happened to the beti thread during the run up, it was very hard to see it because rarely on the first page.