Hi lady_luck! The counts in my previous posts are both wrong. It just struck me right between the eyes: what you had identified as a cyan rectangle contains (in almost every case) a triangle. The current triangle (at larger degree than the previous ...

Bitcoin technical analysis

My count yesterday was wrong - the ABC down is done and price is apparently in the cyan box - playing out a sideways 1-2. If this is the case we should complete wave (b) of (2) around 650 (at the upper TL) and then make the final C wave to complete ...

Bitcoin technical analysis

Comparing patterns today I came to the conclusion that price may still be in "lady_luck green circle". In this scenario price has come down from the top of wave 5 in an A wave and is making an ascending B wave triangle - with an explosive final ...

Bitcoin technical analysis

Hi lady_luck, Everything is in place for the launch. If price breaks below the uptrendline we might see a prolonged sideways or even change of trend - small possibility - but mustn't be ignored, altho going by the pattern until now, prolonged ...

Bitcoin technical analysis

Yes, to go vertical now would be about right, but it looks like a large triangle is playing out. I keep expecting the launch, but PA is taking it's time! I can't keep my eyes open for this anymore, so see you tomorrow Great news about NXT and ...

Bitcoin technical analysis

Is that an alligator in the water?

Bitcoin technical analysis

Your security is very good. Regarding HDD fears, you just need a backup scheme i'd say. The lowest point could have been reached already, but to get confirmation I'm going to give it another day to see if that lower TL gets challenged again. For now ...

Bitcoin technical analysis

"Brute force" password discovery is aided by ever increasing computing power and networks of powerful computers owned by all kinds of people and organisations. Bitcoin mining is basically a brute force discovery of a suitable hash for a block - ...

Bitcoin technical analysis

lady_luck, Thank you very much! If you like it, then that means it's okay Another blue box? My thoughts exactly. By the pattern sequence on your chart, I think the green circle must first complete and this is the pattern that gives us the ...

Bitcoin technical analysis

BTCe 15 min No verdict here. It could be a wave 4 consolidating into a wedge before busting north through the TL from the ATH. Or it could be the start of a larger decline - only breaking the green lower channel TL decisively will signal that. ...

Bitcoin technical analysis

KO, well, we do our best here with no guarantees and no threat of hanging. We're also free to make mistakes and to flip from bear to bull and back as we please. Using Fib extensions as a matter of course, any analyst can see higher and lower targets ...

Bitcoin technical analysis

Thanks again for your detailed response! The smartphone interface caused me some headscratching.... the technique only works with keyboard and hands! Eventually I came up with a solution which uses an existing but little used app, namely the ...

Bitcoin technical analysis

L_L, thanks for the feedback - i'll respond now... Are you witnessing this drop? Well done to us for anticipating it and for correctly identifying a pattern - even if we don't understand the larger context yet... BTCChina has dropped right out of ...

Bitcoin technical analysis

Good morning, lady_luck! Nothing much changed so no new conclusions.... let's see what Asia does with price today. Some years ago I came up with a way of creating really long (but easily repeatable) passwords. I thought most people used the same ...

Bitcoin technical analysis

hmm yes... The wave action that you've put inside a cyan rectangle... this is the mystery wave for me. I agree it should be demarkated and labelled "2" like that until we (perhaps) figure it out... sometimes it seems like its part of the decline ...

Bitcoin technical analysis

Thanks for this... yes, we're in agreement about the area and the pattern. If we're now in a sideways B wave, then it looks like the end of the B wave is going to make a HH in all the exchanges. It did this last time in Stamp and Finex but not BTCe ...

Bitcoin technical analysis

Stamp daily This one? (the time scale on the chart is a bit too big to make sense of your explanation but I'm going to try to find that position on the chart... us being in different timezones also complicates matters... "on the 25th" Looking on ...

Bitcoin technical analysis

BTCe - a quick draft with potential beginnings and endings. L_L, something like this? I don't have your two patterns from yesterday on-screen - does it match? image edit: i noticed you just posted before me, so checking the "where we are" now...

Bitcoin technical analysis

L_L, Just to compare with you (and i'll post a chart now) i have us at a B wave (perhaps now going down in C) as on the 26th from 590 (BTCe) ... which wave pattern are you seeing? Edit: This is either the A wave down or the C wave down... last time ...

Bitcoin technical analysis

I just spent some time comparing current PA (BTCe and Finex) to previous waves and the patterns jumped out at me again. I scanned around for "where are we in a similar pattern" and ended up in the same wave structure you highlighted yesterday. It's ...

Bitcoin technical analysis