Guys, I don't have any communications with any professional traders and trading gamblers. I didn't studied at any financial lessons, except I was long term subscriber at s3052 and waveaddict and now learning more heavy elliottwave.com subscription.
I don't understand any trader I meet as well as them don't understand me.
I am a "sofa" trader and lonely wolf and counter-social element. The only reason I post this thread - is to throw out bulk information out of my head, read it and feedbacks and then systematize it back. And repeat.
This thread helps me to keep chaos in my head under control because I read megabytes a day. I don't need power, glory, prophecy or whatever. I just want to keep clear with lots of information. I share it with you along with my fear and my greed.
Without this thread I think I'd already was dead, because last bubble informational and emotional pressure put me in deep hypertensive crisis despite I earned a lot of money.
While questing once in noble wood of gray, medieval pine, I came upon a tomb, rain-slick'd, rubbed-cool, ethereal, its inscription long-vanished, yet still within its melancholy fissures.
Support and resistance lines are literally the SAME thing.
You got caught stealing my work. Don't be mad.
Masterluc has a lot more credibility than you, who the hell do you think you are coming into this thread and accusing him of stealing your work? You're a nobody, get the fuck out of here.
I think we should just ignore the post and keep discussing as if the post never exist. The poster just wanted to get some attention from Luc and us and we should not help him fulfill his intent.
... and lift off, Bitcoin the worlds first digital currency starts to its historical wave three to be in next comming years!
Master, for historical wave three it should also consist of five sub-waves. What price level do you think the first sub-wave should reach and when could we expect it?
On breakout of current log downtrend I will consider this count to be activated (historical III running). You all know what means elliott wave number 3...
I will recognize significant bottom at the following conditions. 1. Price will hit the weekly upper BB and then collapse into weekly 20 sma. 2. oh well, nothing more ))
Then it should collapse to weekly 20 sma and stay around there for all "silence phase".
So here is it - plan till 2016-2017. As I predicted right after ATH, this will be long and painful decline till 2016...2017.
So after the breakout of current log downtrend, is the scenario in which price hit weekly upper BB and collapse to weekly 20 sma and followed by a long silence phase still valid?
Again, thank you Master Luc for your continuous professional and rational analysis.
So here is another field full of resistances - fighting for breakout.
If the breakout of log downtrend is confirmed, could it become one possible scenario that the price reach the upper weekly BB and back to weekly sma20 for a long silence period?
If the price does reach to the $100 area, is the prediction that the correction is to be complete and bounce is followed still valid? (namely $100s is the bottom)
If the price does reach to the $100 area, is the prediction that the correction is to be complete and bounce is followed still valid? (namely $100s is the bottom)