Viewing a response to: @itisme/re-erit2018-re-itisme-re-erit2018-re-haejin-bitcoin-btc-evening-update-price-is-sitting-on-lower-bollinger-band-and-upper-trend-line-support-20180308t142331379z
Wave C should be longer (x2) of wave A which would put BTC below 0 USD. If that's your primary I'd be concerned as well :P
| author | erit2018 |
|---|---|
| permlink | re-itisme-re-erit2018-re-itisme-re-erit2018-re-haejin-bitcoin-btc-evening-update-price-is-sitting-on-lower-bollinger-band-and-upper-trend-line-support-20180308t142749890z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-03-08 14:27:48 |
| last_update | 2018-03-08 14:27:48 |
| depth | 5 |
| children | 2 |
| last_payout | 2018-03-15 14:27:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
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| body_length | 122 |
| author_reputation | 127,729,275,875 |
| root_title | "Bitcoin (BTC) Evening Update: Price is Sitting on Lower Bollinger Band & Upper Trend Line Support" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 43,121,860 |
| net_rshares | 0 |
I never heard of this x2-rule before. Certainly ZigZags are usually stronger corrections than what I drew here. But the only rules I knew so far is that C has to close below A and B is never higher than 61.8% of A. But yeah the subwaves for A are wrong, I missed the thin line from 22/12.
| author | itisme |
|---|---|
| permlink | re-erit2018-re-itisme-re-erit2018-re-itisme-re-erit2018-re-haejin-bitcoin-btc-evening-update-price-is-sitting-on-lower-bollinger-band-and-upper-trend-line-support-20180308t151518601z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-03-08 15:15:18 |
| last_update | 2018-03-08 15:15:18 |
| depth | 6 |
| children | 0 |
| last_payout | 2018-03-15 15:15:18 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 288 |
| author_reputation | -878,524,940 |
| root_title | "Bitcoin (BTC) Evening Update: Price is Sitting on Lower Bollinger Band & Upper Trend Line Support" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 43,131,277 |
| net_rshares | 0 |
Btw I hope you did not get my replies wrong. I don't want to "know it better", I am just eager to learn and understand this better.
| author | itisme |
|---|---|
| permlink | re-erit2018-re-itisme-re-erit2018-re-itisme-re-erit2018-re-haejin-bitcoin-btc-evening-update-price-is-sitting-on-lower-bollinger-band-and-upper-trend-line-support-20180308t154137567z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-03-08 15:41:36 |
| last_update | 2018-03-08 15:41:36 |
| depth | 6 |
| children | 0 |
| last_payout | 2018-03-15 15:41:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 131 |
| author_reputation | -878,524,940 |
| root_title | "Bitcoin (BTC) Evening Update: Price is Sitting on Lower Bollinger Band & Upper Trend Line Support" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 43,136,722 |
| net_rshares | 0 |
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