Maksim Balashevich

HI, I'M MAKSIM BALASHEVICH

 

 

I have more than 10 years of experience in the modern financial industry.

From the very beginning, I was lucky to be exposed to the "working" theories (by "working," I mean the theories which can constantly show good results in practice.) Right before, during, and after the last financial crisis, I applied these theories to find out the accuracy and effectiveness of them in extreme market conditions. The Elliott Wave Principle, sentiment analysis, mass psychology would be some of them. I also believe in Kondratiev (Kondratieff) cycles, which are intended for a long-term and not so easy to prove in practice.

Eventually, I started to combine these theories with my growing understanding of yoga and meditation science. Both financial theories and meditation science are rooted in a law of nature, "everything is changing." 

At the moment, I am deeply involved in crypto markets. Though mostly known for Bitcoin, this specific field includes much more and beyond. I write regular posts on this matter on the following blog: ethavets.wordpress.com
I share my insights on how to use some of the theories I have learned, all free of charge.

Below are some examples, all firmly based on the Elliott Wave Principle and sentiment analysis.

 
 
 

2016/09/04

Beginning of September, we just witnessed the spectacular rise of XMR (Monero). There was a short drop and price started to rise again. New ATH (all time high) again? That was the crowd sentiment, but the charts were telling the different story. So I predicted a bit more rise and then bigger drop. During the next week XMR price followed exactly this scenario.

 

2016/07/26

In this article we talk a bit about sentiment madness in ETC, predicting its imminent fall (right before it started). I also predicted one last sharp decline in ETHBTC down to 0.014.

 
 

2016/07/06/

At the beginning of July, Bitcoin was at around 700 USD. The majority was expecting the ATH (All Time High), but not me. I kept repeating "we should go lower". One month later, "Down goes Frazier!" and BTC was below 500 USD.

 

2016/05/20

On the last week of May 2016, everyone was very pessimistic about Bitcoin. Again, not me. I predicted one more drop and then a rise, which brought us from $440 to $780.