hey @srezz !! Thanks for your analysis. Which reading material would you recommend for a beginner? I am starting with Elliot Wave Principle by Robert Prechter.
Seven hours ago there was an artificial intervention to lower the price of BTC by $ 200 in 20 minutes. In this situation, I am very worried about whether the price increase will be possible according to the chart.
I wonder what you think.
At present, BTC prices continue to decline.
It is slipping from $ 4464 to $ 4291 now, not at least $ 4985.
I hope it has been updated, and if it is reflected in the new chart, I would like to update the chart.
I am afraid to have a BTC.
Folks, this is not the Oracle of Delphi telling us how to invest -- it's a nice guy sharing some rather solid TA out of good will (and maybe now and then some good dialogue?). Things can change. What TA is telling is that based on what has happened up to this point, a certain way forward seems likely. But there are no guarantees of anything. No-one should invest more than they can afford to lose.
Are you expecting a pullback after reaching $5000? We've had a tremendous run up from the bottom of $1826. There was the mild pullback to $3599, but this was just five days after the peak and the bottom was very sharp/quick -- didn't quite feel like a full correction.
As always thanks for your analysis Srezz!
hey @srezz !! Thanks for your analysis. Which reading material would you recommend for a beginner? I am starting with Elliot Wave Principle by Robert Prechter.
ChartSchool http://stockcharts.com/school/doku.php?id=chart_school
Thank you :)
Thanks for see me post
I'd like to vote up but just cant read what he says. Is it too difficult to write 2 lines?
Repeating what is written especially for you:
BTC is heading up to a minimum of $4985
lol
@srezz can you do a TA for XMR? It's kind of a hot topic right now.
It is only a temporary climb to the Korea Exchange listing issue. I think that chart analysis is not worth it.
Thank you so much, srezz.
Seven hours ago there was an artificial intervention to lower the price of BTC by $ 200 in 20 minutes. In this situation, I am very worried about whether the price increase will be possible according to the chart.
I wonder what you think.
If BTC goes below $4150 I will have to update my chart.
At present, BTC prices continue to decline.
It is slipping from $ 4464 to $ 4291 now, not at least $ 4985.
I hope it has been updated, and if it is reflected in the new chart, I would like to update the chart.
I am afraid to have a BTC.
Folks, this is not the Oracle of Delphi telling us how to invest -- it's a nice guy sharing some rather solid TA out of good will (and maybe now and then some good dialogue?). Things can change. What TA is telling is that based on what has happened up to this point, a certain way forward seems likely. But there are no guarantees of anything. No-one should invest more than they can afford to lose.
Everyone has his personal views and my charts do not attempt to change that.
Are you expecting a pullback after reaching $5000? We've had a tremendous run up from the bottom of $1826. There was the mild pullback to $3599, but this was just five days after the peak and the bottom was very sharp/quick -- didn't quite feel like a full correction.