Bigw
Anyone itching for some hopium? You'll love my newest batch!What if 2017 was more like the first bubble of 2013 and we are moving slower, not faster. Could that pink line will tell us where the next top is? Or what if we are at the bottom of a gigantic pitchfork and in the process of forming a Big W ?
Some math comparing the bubbles:
4/12/2013 = $45.30
4/10/2013 = $259.41
-82.53% in 3 days
Duration: 4/10 to 10/12 or 185 days
Bull run: 1/10 = $14.50
3 months +1,789%
5/19/17 = $2,000
12/15 =$19,671 +983.55%
2/6 = $5,931 -70%
50 days - 70%
2017 bubble was 54.94% as much gainz as first bubble in 2013.
If next one 54.94% of the second bubble (pink line) then
$1,163.70 = +449% from previous ATH’
$19,689 x 4.49 = $88,410 per Bitcoin
ETC - Bulkowski's Big WWe have formed the bottom of a Bulkowski's big w pattern, with a bullish pennant forming (continuation pattern) so we should see a step up from here and complete the W pattern. If we follow the W drawn on the chart, we are expecting to hit all targets within 28 days.
ETC
BUY: 0.0026 down to 0.00245
SELL:
SHORT TERM
0.00274
0.0029
0.0031
0.0034
0.0037
LONG TERM
0.0055
0.0081
STOPLOSS:
0.0022
BIG W USOILI understand algorithmic math. I understand it and can calculate it.
I SUCK AT MATH. YOU HAVE BEEN WARNED. DO YOU OWN CALCS.
That being said, you can rely on Bulkowski's tested probabilities for a Big W Pattern which suggests a 0.42% chance of a breakout. Projected target based upon Bulkowski calculations would be approximately $56.00.
Rumors suggest $60.00 that might be a possibility if breakout occurs.
A short retrace may occur with a bounce back. Who knows.
I'm not playing this, but looking for direction bias for USDCAD
Good luck Big W