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RE: BitShares (BTS) Revised Target to $1.83

in #bitcoin • 7 years ago

Great analysis master :)

I just posted my take on BTS here:

https://steemit.com/bitcoin/@benkalashnikov/bitshares-bts-analysis-224-potential-profit

Screen Shot 2018-01-05 at 15.00.01.png

7 years ago in #bitcoin by
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     7 years ago 

    Remember, wave III cannot be the shortest wave(;

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     7 years ago 

    Thank you for the feedback, that is 100% true, however, I could count it differently and still make the same target. Like this:

    Screen Shot 2018-01-05 at 21.35.04.png

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       7 years ago 

      I really don't feel like this is correct. You have 1 overlaping with 4 which is not correct. Also, we would have to be within vawe 5 of a higher degree, in order to have such a massive dip as your A vawe suggests.

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       7 years ago 

      It's a little difficult to see but Wave 4 is slightly above. I wouldn't focus too much on my correction count at this point, but thanks for pointing it out!

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         7 years ago 

        the 5th waves looks alittle extended.

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           7 years ago 

          Yeah I know, my take is that given BTS history of having a huuuge extended 5th before, I think it could well happen again. Look here:
          Screen Shot 2018-01-05 at 21.36.09.png

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