MichielVan_Kets

MichielVan_Kets Updated 

We've been following the 5 leg Elliot waves (12345) very religiously the last few years and while 3 leg bounces (ABC) don't happen that much, sometimes they do happen !! so, instead of seeing a 5 leg downwards Elliot wave, as i was expecting, we might actually get a 3 leg bounce wave and another crazy bull run I've been expecting a 5 leg downwards move for a...

MichielVan_Kets

how to predict what's going to happen ... I start with Elliot waves; 5 legs up ~ 5 legs down, while remaining cautions for 3 leg bounces but to predict where it will turn, to get into the details of it ... to find good trades, I use Fibonacci circles I basically start with wildly guessing ... using the previous circle for some part, basic trendlines etc., and...

MichielVan_Kets Updated 

weekly view ... the more players, the less volatility, so the movements tend to get shorter, but we're going 5 legs up and then 5 legs down ... over and over again we can't be sure right now whether or not 108k was indeed the peak, I do think so, but ok, let's wait for at least 1 confirmation ...

MichielVan_Kets Updated 

it is possible that we now get a 3 point bounce, that's always possible, but looking at the world economie ... looks like we're just going to get a standard 5 legs down now at this stage I'm just wildly guessing, but week after week i adjust my wild guess until it becomes a well calculated bet ... that's when I sell the wife and go all in ;-) by the way ......

MichielVan_Kets Updated 

it's a wild guess how high it will go and how long it will take, but we do have 1 more leg up to go ... enjoy !! what? yes, I know, it might in fact take another little drop first, you never know but that's besides the point; the correction is pretty much done now and we're going for that last leg up and after that it's gonna be more than just a correction

MichielVan_Kets

we're about to break the all time high, probably hit $100k but that's it then, that's the end of the 5 leg run upwards and once we did reach the leak ... it will drop again according previous drops, if something similar were to happen as what happened several times in the past, it could easily go as low as a 65% drop ~ below $40k in other words but ... the...

MichielVan_Kets

we're at the beginnen of leg 5 ... we just broke out of the mo9ld, now we're going to test the support and then we will finally moon and now I'm just going to write some dumb shit, because the people of this site are such a bunch of hardcore fascists that they make demands on how many words I need to use for my FREE contribution think about that ... I don't get...

MichielVan_Kets

almost there, once we're fully confirmed on the uptrend, we'll see that shot to the moon, all you hodl'rs are desperately waiting for

MichielVan_Kets Updated 

it will always come back to the average, the median line it went too high to fast, so we're correcting a bit ... there's nothing unusual about that we will hit the $100k mark, don't worry, but not until whoever has been buying below $40k has taken some profits ... wouldn't you? because I am !!

MichielVan_Kets Updated 

for sure it will hit the median trendline, probably go under it for a bit and then it will go up again ... nothing to worry about

MichielVan_Kets Updated 

not that it has to come down, but it most likely will ... it's a correction and I already corrected the circle as wel, that's why I'm publishing an updated version of it, in the hop that this one is more accurate while it's also more useful, because I zoomed in ... if it's correct ... it's a tricky moment right now, it could go either way, but my chart is...

MichielVan_Kets Updated 

now we just need to guess were it will peak or bounce ... this is my guess we might go a bit higher still, sure, but there's a drop coming ... it always does, get used to it 20% - 30% - 40% ... nobody knows, but if you want to play the game you need to pick one and just go with it for a while my guess; 30% ... but that's still a long way to go, so there's...

MichielVan_Kets

the simple fact that I'm willing to share my charts is already very generous of me, if you want me to also write the explanation in length you will have to pay me for it

MichielVan_Kets

I always thought I was a rather rational person, until I started to trade bitcoin ... turns out I get carried away with my emotions just all of us so ... to stop myself from cheating to myself; I'm making a record here is this a good prediction, yes or no? well, we'll see in a few weeks ;-)

MichielVan_Kets Updated 

just look how nicely it all matches up ... I'm waiting for the dip, and then I'm all in not to say that it couldn't peak even more, it's at the median trendline now, so ... it might very well it's just that I want to play a multi month game ... and leg 3 will take 6 to 9 months, so ... plenty more time to take a bet (I did buy some around FWB:25K to stack...

MichielVan_Kets

we're bullish, that should be obvious but ... it could still take a nasty dive to end up higher a few months from now ...

MichielVan_Kets

I always find it interesting to read older ideas that failed ... people write 3 pages essays to explain their position and then it fails I'm just guessing ... it will hit the top trendline to then drop again maybe I should be even more honest and say ... I'm hoping it does, because I'd want to take a bigger gamble and that would be when it drops and hit the...

MichielVan_Kets Updated 

1-2-3-4-5 up and then 1-2-3-4-5 down ... and up again and down again ... patterns ... repeating patterns for now it's still hard to guess, as we're only in leg 2 of the new 5 elliot wave but once we're in leg 3 it will be more obvious