Quote from: xxxx123abcxxxx on October 22, 2019, 07:51:59 AM

Quote from: exstasie on October 22, 2019, 06:46:12 AM

Is it possible the last leg down to $7,800 (ending October 18th) was a truncated/failed wave? I'm beginning to wonder if we've already seen the bottom. Something like this: https://bitcointalk.org/index.php?topic=5140701.msg52813750#msg52813750
Normally I would favor the beige scenario but this price action is very trolly. Not sure.....

Yes, its possible with the following requirements...

1. An impulsive 5 wave rise from the 18-OCT-2019 low (so far 3 waves).
2. A rise beyond the 11-OCT-2019 high of $8800 approx.

Hi again.

I can't remember how it was called, but, I remember this analysis, that after a clear breakthrough there will be some fluctuations inside a range, and the another breakthrough that would continue the trend of the one before.

I think I see this clearly in the the following bitstamp graph which I marked the previous and the todays break which continues the trend.

https://ibb.co/KscqfdX

Now we should expect ups and downs inside some range, until the next clear break ¿correct? according to my statement before, should be also in the low direction, ¿which technic would you use to analyse the future breakthrough, in order to predict if it is going to be negative as the trends continues, or in the positive and thus breaking the trend?

PS: Which code do I have to add here to get the image to show at the post without the need to clikc in it???!!!