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15119077 No.15119077 [Reply] [Original]

BTC Projections using Pitchfork channels dating back to 2015, 2016, and 2017.

The chart achieved first target and looking bearish but we could have one or two more bounces,
before BTC breaks its current channel

In to:
(ABCDE) Inverse Corrective Elliot Wave
or
(12345) Elliot impulse wave


My first target was to either break or dump from ~11.8k Area,
Currently hit 11.8k
now moving down in a tight triangle but with room to bounce back up and retest the resistance line ~11.65k.


Chart on tradingview here:

https://www.tradingview.com/chart/BTCUSD/Ex0QCeRu-Did-Someone-Say-Pitchfork-Idea-Last-Update-With-Targets/
Older chart TA analysis will lead you up to how i put this chart together and my thought process as to why it was relevant.

I don't expect you to fully grasp it, as it is a chart personalized to me and how i view the market in a whole.
Life Cycles.

>> No.15119084

Hey if you were so fucking smart why aren't you rich with your memelines?

>> No.15119097

just buy high sell low, how fucking hard is it op

>> No.15119110

This is just like the bulls in 2018

>> No.15119111

>>15119084
fpbp

>> No.15119367

>>15119084
Been looking at the crypto market 2.5 years
Just now putting money on it after learning the "basics" Do Research before investing you cucks its how you make real money.
Time an dedicated charting pay off in the long run

I spent over 16 hours putting this chart together and only time will tell how correct i am about the Pitchfork channels.
If so this chart will still be relevant 10 years from now.

>> No.15119372 [DELETED] 

>>15119077
I worked with one of the top traders from one of the biggest banks in the world and this is almost exactly what his charts looked like.

>> No.15119373

>>15119084
OP rekt

>> No.15119399

>>15119372
No.you don't, no it isn't.

>> No.15119419

>>15119372
Thats funny Special to note:

I have three older sister who all taught me math before i entered the school system, so strong basic understanding of core math.

I passed highschool math testing lvl credentials End of my 8th grade year.

I scored into (something like 261) differential calculus on my college placement testing straight from highschool.


^^^ And that was me not doing any Work at home to better understand the fundamentals.

Ive never went to college, didnt feel a need to spend money on something i could pick up and research myself.

>> No.15119444

>>15119419
>nice credentials
>nice graph
>what should we do with this information

>> No.15119449

>>15119444
Buy in at 10k

>> No.15119460

Btc might see a sudden drop followed by a break upwards of the 11.8k area next couple of hour might decided if its falling or not

>> No.15119480

>>15119444
Follow my charts on Trading view to see if they stay relevant and DYOR
>>15119449
If channel breaks down do not by back at 10k my sir bad call.
it worked ebery other time but its in a much more bearish time cycle now

>> No.15119485

>>15119460
ECB/IMF/FED are going to try and contain this over the next few hours by flooding exchanges with massive sell orders around 4pm. Unfortunately what they don't understand is that China is all in and that as soon as their markets open there's going to be another 7% devaluation of yuan and another corresponding jump in BTC.

>> No.15119494

>>15119480
>bearish

m8 you're staring a bull run right in the face. Capital flight fiat currency everywhere you look.

>> No.15119527

>>15119485
Stock is worthless to me, AT THIS POINT, the whole market is crashing.
In turn BTC is showing Parabolic divergence if it can get over the projected line coming from the two previous tops
around the 13k mark ~11.8k

>> No.15119539

>>15119494
While that may be true i know the Crypto market all to well at this point to keep all my cards in one hand.

>> No.15120224
File: 61 KB, 201x245, 1561429537639.png [View same] [iqdb] [saucenao] [google]
15120224

>spends hours autistically drawing meme lines
>conclusion: its either gonna go up or down

>> No.15120510

>>15120224
kek

>> No.15121041

>>15120224
ive been calling 11.8k top for 4 days now check my initial btc chart on trading view for reference.
After 11.8k decision is made new target will be made.
Do you day trade?
it's where i derived this chart from.

>> No.15121727

>>15121041
for what it's worth, my meme lines showed a 11.8k top as most likely too.

>> No.15122401

>>15119077
you're a stupid, low IQ chink with bad, boring calls and retarded "TA"

kill yourself "wang"

>> No.15122432
File: 5 KB, 666x666, 1560719695904.png [View same] [iqdb] [saucenao] [google]
15122432

>>15121041
>my chart isn't wrong if it predicts all possible outcomes :)

I really hope you get eaten by an escalator

>> No.15122996

>>15119367
This is akin to spending 16 hours distilling the perfect snake oil.

>> No.15123228

I'm an active meme line trader and I can attest to your TA being absolutely retarded. This is not how you use pitchforks, and you're a retard. Anyone in this chart is being misled. As always, DYOR