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RE: 1/5/2017 The Market View and Trading Outlook
<------- Excellent alayisis!
It's time to write my view on BTC price. No more Stalemate battle for the heights had started.
Building SP slowly my wote is already $0.02 I'm improving. BTC also. I'm not a Bitcoin Cesar because my prediction of $10k dip is buried. But I load all available forces to BTC in the morning. (14h ago).
M'eh... don't feel bad.
I told everyone that BitCoin was going to correct before the year's end in multiple posts and on multiple comments and nobody listened.
I've also been telling everyone not to get used to the high SBD price and that STEEM/SBD would Flip, most likely after a drop.
I just miss something important on the second chart in my analysis #23. from Dec-30-2017.
I miss to take into account major support line so sceario 2 had played out. Pattern ABCD falls and support line wins. Price never cross the major support line rebounce from it and breakout resistance at around $14000. so my prediction fails in predicting level but is other ways is still valid sedpite it is already a week old.
Welcome to the Good side. Stay tuned It will be more analyses. I will rather give to you insight into trading mysteries and help you get some more coins trading and I promise, I will Upvote Myself no More and rather upvote your good stuff, not like haejin, cryptopassion, ew-and-patterns, lordoftruth and many others, selfishly grabbing everything for themselves.
(#1), (#2)
I hope I find another noble Crypter (human of crypto world) and Steemian !!
Yeah, this market changes fast.. a lot of times when I am unsure, I default to the moving averages for guidance and ideas.. I'm studying more on Elliot waves.. picked up a cool book.. I think I saw in one @deanlogic posts or it may of been another one of the crypto nerds... :) "elliot wave principle , frost and prector" https://www.amazon.com/gp/offer-listing/1616040815/ref=dp_olp_all_mbc?ie=UTF8&condition=all I know the concept, but I want to spend the next few months mastering the technique to augment what I already know..