BTC update 10.01.19

ew-and-patterns (70)in #btc • 6 years ago

Call me genius!

"Now I am expecting another drop for red wave C in the range of 4100-4400$ (target 3600-3500$)." It was 3500 to the tick!!!

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6 years ago in #btc by ew-and-patterns (70)

$3.50

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crypto-simple (44) 6 years ago

thanks for the update mate. Followed

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1 vote

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ejder329 (40) 6 years ago

not fall more 3500 $ dip

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1 vote

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mys (62) 6 years ago

Wave 3 target prediction?

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ew-and-patterns (70) 6 years ago

5300-5500 would be the perfect textbook wave 3 in this case.

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2 votes

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demonklyd (43) 6 years ago

well done :) was expecting this one as well but I was starting to doubt it would happen. The oversold condition at this price on the 4h chart is just lovely!

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cryptocrypto18 (39) 6 years ago

Nice work, this is lining up nice either with breaking out of the bear market or setting up to fall from 5200/5500 down to like 2500 or lower to bottom... I’m hearing this elsewhere?

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ew-and-patterns (70) 6 years ago

That is kinda my plan too. But if it breaks down again, I am expecting 1900 as the bottom.

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2 votes

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itzroyyyy (30) 6 years ago

looks more like the start of 5 waves down just bc the volume was so high, but heck id be happy as hell if the 3rd wave was next.

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kahookadad (42) 6 years ago

Thanks for this. It was a nice call. Whats your latest view on steem?

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ew-and-patterns (70) 6 years ago

Neutral on Steem. Steem/USD looks as ready for take off as BTC does, but Steem/BTC suggests a new low after 9300 satoshis is reached.
I am sure Steem will take off in the future. I would not hodl 14k steem, if I wasn't sure about it, but it might take longer than most people expect.