You are viewing a single comment's thread from:
RE: Weekly Opportunities in Cryptocurrency: The Bottomed Held. Time to Go?
Seriously? The author is using technical analysis, and Fibonacci levels, to determine the probability of support levels and future movement. The author is also a very successful trader and is a paid analyst with Elliott Wave Trader. He doesn't need me to defend him; I just get aggravated when I read comments such as yours. The author isn't saying that prices are going to go down or up: he's saying, if it holds at this support, then the probability is we're due for a bull run (Wave 3)... and if that support doesn't hold, we're likely going into a deeper bear market. Don't be so quick to judge, please. I've read some of your analysis, as posted on Steem- you're not in a position to talk badly about another analyst.
Thanks Jwilliams. This guys hasn't followed my history. davebrewer. I have called major turns pubicly enough times to not be called 'phucking nonsense'. The least you can do is look into my work before mouthing off. These levels are important. I'm saying if these prices hold it is setup for a big run as jwilliams mentions. Further, if the lows struck on March 28 are broken it not only will go down, but has high probability of a big slide. Not just these two, but the market reached an inflection point. But you missed the last article obviously.
Well written and easy to follow. Thanks for sharing your work.