Spoiler: old http://i67.tinypic.com/xle6c6.png Currently holding. Sell at 9.2k for small wedge Buy back via pull back at 8.2k support line Sell at 9.7k for big wedge What do you think? Did I get my sup/res lines wrong? We've been bullish all day today. We already had the .618 fib crash. Updated as of November 29 2017
@YSOGREEN it hit 10.8k today. the TA i drew is correct so far. the date for 12.5k got pushed back from new years to 1/4 through dec '17. after the all time high, i had a theory there was going to be a major pull back. its going crazy on the forums right now. im glad im not the only person who theorized it. funny thing is, i theorized this last week. https://www.tradingview.com/chart/BTCUSD/FFQGnLup-BTCUSD-Wave-Count-12250-then-5500/ @Howi dump your ETH and move to BTC now before its too late. did you miss the ETH wedge indicator? its a hella of a spike. https://www.tradingview.com/x/5DwIf4sd/ I posted my updated graph above. I redrew my graph after saturday's post
Now I know why you were asking shoutbox about regression. Don't use it. Sure you can use it but for what? 5 bucks for all your time calculating? Stick with TAs' instead. That's the 5th Fibonacci line. I agree with your position on the October 2013 - November 2013 drop. However, for all we know your 5th line can be the new 1st Fibonacci line. We may never know. If you looked at btc twitter, there was a short sell pump. That has an affect on your graph by a big margin too. Also for @Howi if what you said is true, you didn't do your drawings. If you did, you probably did it at the 1 min candlesticks. If slut's theory is correct, you should probably cut your losses.
im still holding. im gonna push it for 11,999.99 i have a bad feeling its gonna hit there and bounce off like earlier today. it hit 9999 and bounced back. took nearly 6 hours for it to break resistance 10k and then boost to 10.8k
I got into light coin at $350.00 each and some at at $250.00 went down to around $280.00 but hopefully will make it way up lol. Also, what do you think about ripple?
ripple getting lots of attention. i think it just hit 3$ today. tripled from what it was 2 months ago.