Beefchest

Beefchest

What if we are in a wave three extention that has only just begun...

Beefchest

Hope you find this useful and that it will clear out some of the clutter lately. Please take the dates of every move with a grain of salt as it may take far longer to reach the mentions targets.

Beefchest

Chart is self explaining :-)

Beefchest

That hurted pretty badley, theres no denying in that. But is all lost? I dont think so, yes we broke the bottom of 5900 dollar, but that doesnt have to be a problem. What if that bottom was never of any importance and, looking at a bigger timeframe, a falling wedge is the dominant pattern? The bottom trendline in yellow has only been tested two times and what if ...

Beefchest

Prices are in Euros, sorry about that...

Beefchest

Hey there, So about this spike last nigt in bitcoin and people talking about an ETF decicion tomorrow, I have some bad news for you...it is not going to happen according to what I see in my graph. Here you can see the BTCEUR graph, iI know it is in Euros but IM from Holland and I just love the BTCEUR on coinbase graph because it is verry acurate in terms of...

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This is my vision on Bitcoin right now; This is a fractal of the2014 bear market. Looking at the macd we need one more leg down to complete the 3 humps that form the bullish divergence in the weekly MACD Current downtrend is supported by the huge Hidden Bearish Divergence in the RSI and the rejection of the decending summit line, both are not present on this...

Beefchest Updated 

Hello there, Bitcoin is showing big Bullisch divergence in the RSI and MACD (yellow lines), it also touched the 0.618 fibbonachi from the entire movement up. A quick trade is therefor an option. Long term downtrend will be continued but for now we may see an upwards movement to 5800 and possibly even 6100 euro. Invest at own risk and always perform your own...

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Be carefull out there. Im seeing a whole load of hidden bearisch divergence in the daily graph. In my last idea I told that we could see some green movement to at least one of the trendlines formed by the triangle, but seeing this HBD makes me think that the uptrend could be over already.

Beefchest

Short term bottom is near. Huge bullish divergence on the weekly, daily, 4 hour and even the one hour. Expecting a big green week with an uptrend to at least one of the trendlines formed by the triangle. After that we are going to make a final drop to the target of the end of wave 5.

Beefchest Updated 

Hello there, This is my verry first post here on tradingview and i hope you like this analysis. If so give it a thumbs up and leave a comment. If not dont give it a thumbs up but do leave a comment. This is how I see bitcoin -3.30% -3.40% playing out in the next few months. This is my first analysis done and Im using the elliot 5 wave theorie. And im planning...

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Te Elliot 5 wave impulse matches a target rougly at arount the same point where the donward sloping trendline from the ATH and the even longer term upwards sloping trendline meet eachother. I think this could give us a viable target and even a rough estimate of when that target might be reached. That target is als around the same point where most modern mining...

Beefchest

No need for a discripion I guess....chart will tell you all the nasty details...

Beefchest

Hope the bulls hold at the 0.618 fibbonachi (6435 euro)