Bitcoin (BTC) Mid-Day Update #2: A,B,C,D are done, so what happens after E is finished? Check out this analysis!
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SUMMARY
This is coming out beautifully! Look how the waves are conforming to the a,b,c,d,e triangle! Once wave (e) is done, BTC should FLY!!! IF this is correct, expect New All Time Highs!
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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BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
has bitshares.org moved its wallet to https://wallet.bitshares.org ? just want to make sure it not a hack
Yes.
is https://wallet.bitshares.org the best place to buy BTS ?
I just opened an account and it is an amazing how they created this Decentralized Exchange/Wallet. It is great. I'm used to Bittrex/Binance which in my opionion is a little easier to use. In Bitshares you have different sources from which you can buy , which is not 100 clear, however I had no problem to convert Bitcoin to BTS , so yes a good place to get BTS. The float for Bitcoin<->BTS is good so no problem to get your orders filled. However other Currencies are not always traded that much for example you might not get the best prices for Litecoins. That might change in the future if Bitshares becomes more popular being a Decentralized Exchange. Signup was super Easy and a good place to convert BTC to BTS and Yes that is the correct address : https://wallet.bitshares.org
Welcome to the DEX revolution
Yes sir.
cheers guys ! wish I had bought a few weeks ago !
hi what fees apply when withdrawing BTS form https://wallet.bisthares.org to a BTC address on say GDAX ?
.22 bts fee.
0.22 of a BTS per transaction ? wow thats cheap !
BTS really is amazing
https://steemit.com/bitshares/@tonypeacock/how-to-buy-bitshares-explained
BTC taking a bit of air to keep climbing
Hey haejin, have you seen the OMG chart?
OMG had a strange behavior including a flash crash, your analysis would be very helpful. I'm confused if the count is invalidated. Thank you very much for all your contributions!
Thanks for the update.
Price on bitfinex seems to be a bit behind from coinbase.
Which one to use?
Bithumb Bullflag
I was just about to ask the same question...
Maybe you can make an arbitrage opportunity.
Now that would be a bullish downward pointing flag. Hence it does not change anything in the forecast: it should go up!
I agree. It might influence a BTFD decision by waiting for the dips of alts that fluctuate with btc.
both coinbase and BFX showing bullish pattern but consider - if coinbase is right, then we are almost done with E, if BFX is right, we still have a ways to drop (and coinbase will likely break below the triangle before eventually pulling up when BFX breaks out).
Another question: what's scale should be used? In 4-hour chart, wave C looks like only half way through, but in 1-hour chart, it clearly shows it's on wave e. thank you!
1 hour Chart
4 hour chart
https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections
thanks!
Thank you so much for taking the time and sharing this information with us. I learn a lot, not only about Technical Analyses but also investing in general !
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Totally agree. You ate my hero Haejin! Could I perhaps ask for a small favor? What about DGB? Upvoted!
simple is the best : abcde corresponding to 12345.
Nice call! Looks like it broke out of the triangle just in time when Asia is waking up. Let's see what it does next.
Thank you!