Bitcoin (BTC) Morning Update: Higher Highs Are Needed!!

4년 전

SUMMARY

NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!

Bitcoin (BTC) overnight price action was uneventful. What is needed next is a higher high to confirm the resumption of uptrend. The chart below shows the white subewaves of circled blue 3. A higher high past $16,455 would confirm the decisive execution of white wave 3 of circled blue 3. Note that blue circled wave 3 is targeted for $23k and wave 5 is targeted for $26k. Following these, a requisite correction is expected, as usual, and then onwards up towards $30k or higher.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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Have a nice day !

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Looks like we are going to 8-9k, currently on subwave 3 downwards"

I am not sure whats going to happen. BernieSanders just put out a blog threatening anyone that supports @Haejin. Be ready for a massive bot attack. Bastard can't call it quits and leave us alone to make this money!!

threat  - Copy.jpg

bots - Copy.gif

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Yes and i will start to bring you down worst indicator followers ever.

Because of the south korea regulations, buts that not going to be the problem, its going to raise again

Thank you so much.
What do you think about that alternate scenario?

Trendview

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Please, don't forget that markets are volume driven and unfortunately bitcoin's underlying technology cannot support a huge growth in transaction amount(as we can witness today). Since bitcoin is most certainly most popular crypto today, more volumes will come ignoring growing transaction fees and obviously bitcoin price will follow that volume up. But please, invest into bitcoin responsibly and do not blindly follow a technical analysis fan. Try to divers your crypto-portfolio and seek for coins/tokens with real technological advantages.

Thank you for the information @haejin....have a great day ahead.

@haejin

Hey my friend! Is this anything to worry about???BTC.png

Thanks for your upadate on BTC, super helpful! Can you post an analysis on Reddcoin and Humaniq?

BTC is getting close to its Apex. :)

https://www.tradingview.com/x/dsxP2B3Y/

hayirlisi ile yükselmeye başlasaydı
başarılı paylasşim teşekkür

Bring down this elliott wave followers!

welcome back. pls talk about altcoins!!

Thank you Haejin for all you do for us.

Hi Haejin, Thank you for the helpful update. Can you please do an update on Reddcoin and Human IQ?

Thanks!

Thank you!

thank you for the update! Super helpful. Can you please do Reddcoin and Human IQ?

@haejin is there a H&S forming in that blue wave?

Congratulations @haejin!
Your post was mentioned in the hit parade in the following categories:

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u called 23k at the very wrong time earlier .... :(

so I guess it's time to shout out this to the world

GAZUAAAAAAAH!

BTC up ALTS down ?

Thank you.

  ·  4년 전

I hope you're right and it isn't a giant head and shoulders...

·

lol
Half out half hodl, and some cash to buy more in case it drops very hard. Anyway can only go up wathever the path.

Master @haejin, could you please update us on $BTG? Thanks

Thanks for your predictions I always keep an eye on your messages @haejin