Why BitCoin (BTC) is NOT TOPPING!!
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SUMMARY
I see the TOP CALLERS coming out again with DOUBLE TOPS and Finale Wave 5 calls....I DISAGREE!
Across the Altcoin Landscape, there is a chart pattern speciation event in progress. What do I mean by this? Well, Altcoins are sporting one of the below three types of UBER BULLISH chart patterns.
About 1/3 of Altcoins are sporting the Cup & Handle Patterns like shown below...I can show 50 more of these and some!
Another 1/3 of Altcoins are deliciously being mangled by the below JAWS of WEALTH Broadening Patterns. I can show 50+ more of these coin patterns!
The remaining 1/3 are uber bullish displaying the Downward Pointing Bullish Symmetrical Triangles and of this, I can also show 100+ more coins:
The Cryptosphere Ocean is full of swimming BULLS! In this setting, Bitcoin isn't topping, IMHO!! A healthy correction, yes, but then higher 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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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 would just like to thank Haejin for my first of many private lessons yesterday. I thought I had learnt a lot from the tutorials that he so graciously provides for free, but he has taken my EWC to a whole new level in just one lesson. I will be back for many more lessons. There is still so much to learn.
I can not recommend taking lessons with Haejin highly enough. If you are serious about making money in cryptos and securing you/ your family's future, you owe it to yourself and them to take private lessons.
Awesome, great to hear! My experience with installing Skype was less than wonderful, so we didn't connect today but will this weekend.
Gives me time to read some more of the book! :)
Zoom or hangouts better than Skype.
I couldn't agree more! Haejin is so diligently educating us on the beauty of charts! Much gratitude to you sir. Many Blessings!
I love how collaborative this community is. We're all in this together. Here's to an abundant future where we all do no harm. Onward and upward!
Thanks for the update :)
"I can show 50 more of these and some!"
It would be nice to have a list of the best coins with the biggest growth potential.
I found about 7-8 cup and handles which are mostly all performing and broke out, volume is also a good indicator IMHO. We should share our findings.
well we could share our blockfolio :)
Edit: Just finished my revision, EOS dumped, IOTA on hold and watching out for the big impulse next days :)
Currently I'm holding:
BTC
IOTA
ETH
LTC
MCO
XMR
BTG
QTUM
BTS
ARK
DASH
XLM
XVG
LINK
ADA
MANA
OMG
POWR
feel free to comment or add your alts
why you dumped eos? it's going 18usd
Well I have been holding it only TA wise, for me there is a bit to much discussion about it being a scam coin so at this point I decided I better take my profits after wave 1.
Could have holded it for a bit longer, yes, but depending on how it is going to evolve next days I might buy back in at wave 3, will see
definitely not a scam coin. try and follow dan larimer , dan blumer and brock pierce. look at their presentations.
thanks for the pointers, appreciate it!
I keep looking at Litecoin and thinking that it's Ethereum because that's where the ETH price was about a month ago. I think that as long as bitcoin doesn't scale up without forking, more equity is going to flow into the altcoins.
Exactly.
Next year you will think that it's Bitcoin, but it really is Litecoin!
in my opinion, these could be one of those irregular flats. if i'm not mistaken, i think the author of the book that haejin recommends disagrees that these kinds of corrections (irregular) are actually valid, but rather these are just the tops of wave 5.
When you label the corrections a, b, c is that the "3" part of the 3, 3,5 flat correction? Confused.
3 waves to a, 3 waves to higher b , then 5 waves to bottom c. :) haejin has the updates, i got this one by luck
Thanks for the help :)
Haejin Lee you are awesome! I was wondering if you could do one for black coin?
Why are you silent about SAFEX?
it is in full ass
full ass?? lmao
Yes, would love to see the altcoins get their due! If today was any indication, it will be quite a sight to behold.
Get out the butter, Haejin Redenbacher!
Please provide long term targets and fractals of Digibyte.
i'm also in digibyte for a swing trade. here's my take.
Well Done.
haejin. which coin do you recommend one should keep most of their capital in? clearly not bitcoin right?
Would also like that opinion