53 replies to this topic

[CLK]

Shorted the 10 point bounce, Aug. 24th GLD 116P.

 

Added to short.  Three weeks sideways is about to end. Looking for 1100.

[CLK]

Weekly btc cycle bad for 7-8 weeks, can bounce for a week here first.

 

 

Could be, if the VanEck ETF gets approval Friday then look for >10k immediately. If not, $3500.

[AChartist]

Daily cycle looks very good for several days, I waited for a turn to say but saw it two days ago, cant promise it will stick yet but is some small highs coming in the weekly cycles too.

[CLK]

News out of Spain and India on embracing bitcoin/blockchain.

[AChartist]

Something about IBM supply chain blockchain.

 

I still hate the weekly cycles. If this is good, daily can run 45 days then see how weekly cycles shape up.

The weekly up cycle goes for a few weeks, the daily has many lows turning so this can be the real thing.

[diogenes227]

News out of Spain and India on embracing bitcoin/blockchain.

 

I don't follow cryptos much so today when I took a look, they knocked me back.

 

CRYPTO MANIA AND BUBBLES THAT END THE SAME AND NOT WELL

 

[AChartist]

the weekly cycles are bad for 6-7 weeks can be way down, daily is ok will probably bounce good here for 5 days.

 

it seems like they are screwing with people false hope of etf, alot of good news items, will knock it down on anything positive.

 

but the community says good after Sep, I think now after mid Oct.

 

I will start cost averaging in mid Oct and give it one chance to work then. I have many low price tokens just keeping, bought for basically

 

free off sequential bitcoin then ether then litecoin parabolics, no main or expensive coins in the accounts for a while since trendline

 

breaks in May. Will start buying some in mid Oct.

[AChartist]

 we'll see what clif says next report in late Sep I think he said, Im sure he didnt expect this.

so far his favorite for end of year was the bitcoins, digibyte, litecoin, and slower long term permanent growth populous.

If the fall rally comes, they say sell in February 2019 down and flatish, the mother lode in 2020 and 10 years.

[CLK]

Bought over 1100 ETP, looks strong, don't know if it lasts though. Tomorrow was supposed to be the last day to approve ETF or

not, can't keep up with it, too many changes.

[AChartist]

could be more like 6 months to really turn, if a weekly cycle low (now late Oct) until Feb is probably because it is so low

and oversold end of Oct.

I will probably sell a little more in 5 days, good daily cycle potential for the week but who knows if weekly cycles hammer it once again

before that daily cycle bounce.

I would set my target time after six months after the Feb high.