Bitcoin (BTC) Evening Update: Fractal Call Remains Unchanged
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SUMMARY
NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
Video Updates to return in the morning!
Bitcoin (BTC) has risen out of the recent bottom as shown by the below chart. IF the C wave is in and complete; then I've labeled the Elliott Waves accordingly in blue and white on the right side of the chart. I'm still calling for a Fractal play between Fractal #1 and #2. This means that both are of Expanded Flat corrections and price shoudl soon see higher highs.
Remember that corrections are healthy; while others wale at corrective waves, those who are more aware buy more rather than panic sell. Again, if the first Fractal can be any guidance in that it moved price to $20k; then the second Fractal should move it at least to all time new highs.
I also want to point out that the volume does NOT confirm a Head & Shoulders. Remember the nay sayers in the comments calling for $4,000 to $6,000 price because of a Head & Shoulders top? I had disagreed from the onset of the correction. The fractals are still in play!
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?
Follow me on Twitter for Real Time Alerts!!
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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.**
I sent you $20 in ethereum, my freind. Hopefully soon I will be able to invest as I am currently unemployed and have limited funds, but things will change for the better, I pray. We all appreciate you sticking around, we need your wisdom!
There's your donation back in Steem. Good luck in the...job/money search.
you are and example for all steemians to follow sir
I remember when I was in high school, my Chinese freind was teased and bullied by everyone, and so was I, because being Spanish or Asian wasnt popular back in the 1980s. They called me "Spic" and called Ken Lui "chink boy", and when they ganged up on Haejin, I had flashbacks of how my schoolmate and I were both socially marginalized, Thats why I went all out after the cyber bullies who felt they were above us. Im glad this has blown over, as it has drained a lot of energy from me and we need positive energy, not negative greedy energy on Steemit. Sometime you have to lose to win, Thanks, TT-dogg, voted , followed. I cant believe how many people voted for me, I really appreciate it, its restored my confidence in Steemit. There are many, many others who backed up Haejin, also, and they deserve credit too, I wasnt the only one fighting the whales! (I thought my posts were funny and sarcastic ) In my humble opinion, I think we should use litecoin or ethereum to help each other out when needed, as Bitcoin transactions are too expensive and take too long. The ether and litecoin will be transferred immediatley, and no one can steal it or downvote it! Finally, the Nerds and Geeks of the world have a safe haven, on Steemit!
I got you brother from a another mother
Good luck my friend. 100% upvoted.
Thanks for supporting Haejin, I wish you massive profits!
Dont miss another update from @Haejin
Anouncing @Haejin SMS notification service > https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Please resteem this post
good lucky to you
God Bless you. I will pray for you too.
upvoted......I to when @haejin was fairly new to this community sent him 50 steem....
Yes, don't let the likes of Bernie Sanders and other whales intimidate you. Minnows are here for you!
Please do analysis of verge, it has dipped so fucking low! But I'm still HODLing!
Good job!
#peace
Good job bro!
Good luck to you @marcoagarcia3rd ! Keep believing and money will come back to you.
nice to see the Steemit community coming together.
Haejin, I powered up my life's savings for you. :) I SUPPORT YOU!
respect
Wow, this guy is NOT KIDDING!
Well done, sir!
I've been following Haejin long before steem. I've learned so much from him.
That sounds like a leap of faith to me right there. :c)
I sincerely hope that it all turns out alright for you.
Holy jezzz... you are the MAN...
Power up ? Is a good idea to invest all your STEEM .
STEEM is going to the moon!
Putting you savings in Steem will do you better than keeping it in a bank account. I wish you massive profits!
Welcome to Steemit and good that you come when it matters! ;)
If you dont mind me asking did you buy and then let sit in account? I am new here and still trying to figure the whole process. Do I need to buy #STEEM in order for this platform and community actually make some leg way and get profit? @johnny-appleseed
I'm kinda still learning myself. I'm vesting people through minnow booster. Then probably see how that goes. If it does well it just means more support for the whole community because I'm going down with this ship.
You don't need to buy steem at all to contribute to the community. You can start by blogging everyday and posting meaningful comments that enriches the community. Buying Steem on my end was simply to support more of the project and the community. If you power up your steem like I did, then you can comment and reach a bigger audience because you have more money to give. I powered for my own reason because I believe in Steem and want to support Haejin.
@johnny-appleseed That's whats up man! Glad you believe in the platform, and able to support others in the community like @Haejin. His post has been Grade A, and just recently found him from someone else and maybe some trending post as well. #Goodluck on your journey and I am sure I will see you around again. Until next time, #HappyNewYear and lets make it grow!
good
@haejin I support you too. Your visionary fractal patterns you find is amazing!
I think Bitcoin will tank some more. Here are my arguments for that: #20, #22. But in long run your prediction come to power!!
Dont miss another update from @Haejin
Anouncing @Haejin SMS notification service > https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Please resteem this post
@johnny-appleseed how we improve our steem dollar and steem power please help you have good SP please vote and help
I was literally just preparing a post wondering whether we were still on course for this fractal! Glad you beat me to it, but here it is in part anyway, I already had it prepared...
I think we all missed our teacher over the last several days. I have also seen other posts calling for a drop in BTC to $6000. I recalled that Haejin recognized that possibility but did not consider it probable, so I went back and reviewed one of his posts from a few days ago, discussing fractals. He showed this image:
Now look at the current BTC/$ chart:
When I zoomed in on Fractal #1, I think we are here:
Would really appreciate any feedback!
Great observation my friend..i was just thinking of this today...the similarities are really appealing..cheers
I have a doubt. Ive been investing in haejin suuggestions such as BTS, MCO, EVX, ANT. But if this happens with BTC USD, all these altcoins btc ratios will fall massive?
A bitcoin bullrun brings forth the altcoin popcorn symphony :) the alts can rise (% wise) much faster than bitcoin so these ratios can still be higher against bitcoin.
That's what i was thinking too, because the USD values have made new highs in many alts but the BTC pairs have just started...of course it's anyones's guess, but i have a gut feeling that alts will run too
Have some alt coins too, all still in correction, do not worry about that, could take weeks, but they will go up. MCO is a bad joke for me, bought then goes down in a few hours lol, I laddered a bit and bought some more. Anyway in a month or two they will be 150 - 200% profit (at least I hope :-) ).
Oh my gawd, this made my day. Thank you, lol
lol...now thats funny
OMG, this is so much WIN!
I need to have known Haejin as long as you have apparently.
Lol that's exactly it! 😂
haha
Seems we some interesting times ahead.
Who is @ranchorelaxo? Is it your alternate account?
He is a whale who started supporting @haejin 2 weeks ago because of the gains he made through @haejin's call .
Hi @haejin ,
Welcome back ,haters gonna hate we have trust on your analysis. Please provide your analysis on Verge(XVG) , i invested lot in it and literally in bankruptcy if i sell as of now. Please, provide a analysis !!
Regards,
Nitin
Wait bankruptcy?! You’re not suppose to put everything on xvg specially on something as volatile as crypto even master H said to diversify. I think you don’t have any choice but to hodl
Take a deep breath, everything will be OK :)
@haejin You've been missed. Forward my thanx to @ranchorelaxo.
Best wishes to you :)
Could you please do an update on EOS?
seems like you are all in on EOS .
Welcome back good sir, I feel good that I was able to make and manage my own trades without your posts and do well in your short leave of absence.