by Lara | Dec 14, 2018 | Bitcoin, Public Analysis
Last analysis on the 6th of December expected some sideways movement, which is what has happened. Summary: Use the channel on the main daily chart. Assume more downwards movement while price remains within the channel. When the channel is breached, then assume a...
by Lara | Dec 6, 2018 | Bitcoin, Public Analysis |
Last analysis on the 21st of November expected more downwards movement for Bitcoin, which is what has happened. Summary: At this stage, Bitcoin may either bounce up to about 5,827 or move sideways. The bounce or consolidation may last about two to three months. It...
by Lara | Nov 21, 2018 | Bitcoin, Public Analysis |
The first preferred Elliott wave count expected Bitcoin to exhibit an increase in downwards momentum. This is exactly what is happening. The second Elliott wave count was invalidated seven days ago. Summary: Downwards movement has push from rising volume. This is very...
by Lara | Oct 17, 2018 | Bitcoin, Public Analysis
Bitcoin continues to move sideways and remains range bound. Summary: A clear breach of a support line, which has seen all price action above it until this point, is a strong indication that Bitcoin is bearish. Now that a backtest about the support line is complete,...
by Lara | Sep 19, 2018 | Bitcoin, Public Analysis
Bitcoin continues to move mostly sideways, with a slight downwards bias. Summary: A clear breach of a support line, which has seen all price action above it until this point, is a strong indication that Bitcoin is bearish. Now that a backtest about the support line is...
by Lara | Aug 13, 2018 | Bitcoin, Public Analysis
Bitcoin has moved sideways since last analysis. Summary: A clear breach of a support line, which has seen all price action above it until this point, is a strong indication that Bitcoin is bearish. Now that a backtest about the support line is complete, price may be...
by Lara | Oct 16, 2017 | Bitcoin |
Elliott wave charts of BTCUSD: FORTNIGHTLY CHART Click chart to enlarge. WEEKLY CHART Click chart to enlarge. ALTERNATE WEEKLY CHART Click chart to enlarge. All charts are on a semi-log scale. Published @ 12:17 a.m....
by Lara | May 11, 2017 | Bitcoin, Public Analysis |
Bitcoin has recently seen strong upwards movement along with increasing news coverage. A blowoff top may again be approaching. Will this herald just another interruption to Bitcoin’s upwards trend? Or could it be the end of this meteoric rise and the beginning...