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

in #bitcoin7 years ago

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?

Follow me on Twitter for Real Time Alerts!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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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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The comments of @nijeah have been classified as spam / moderatley annoying / hateful and are meant to make the comment section unreadable by using unreasonable blank space.
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Have a nice day !

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

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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Thank you!

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

GAZUAAAAAAAH!

BTC up ALTS down ?

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

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

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

Thanks!

Thank you Haejin for all you do for us.

welcome back. pls talk about altcoins!!

Bring down this elliott wave followers!

BTC is getting close to its Apex. :)

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

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

@haejin

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

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

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.

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

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

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başarılı paylasşim teşekkür

@haejin Can we get some updates on EOS and 0x (ZRX)?

@haejin Can we get some updates on EOS and 0x (ZRX)?

Helpful post..Thanks a lot for sharing it..

Upvoted and resteemed

Hi there @haejin,

Can you post an analysis on ripple? Will there be a dip or its going upwards?

@haejin Can you check BCH:BTC Is it a breakout?

Great info! Followed you and going through previous posts for more knowledge. Thanks!

Lets hope Your TA is right. Hope to see new highs in 2018 for cryptos. Keep up the good work.

Thanks @haejin, we are soo glad you are back!
Never mind the haters, no person becomes successful without others getting jealous.

  • Hope that the flagging war will soon end so that we can focus on making it rain cryptos!

Tanks again buddy :)

As always thank you for your knowledge sharing. Every post and tutorial you post I feel more secure to invest, knowing that I'll not let panic take control.

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

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

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.

thanks @haejin i make money because of you

Prediction on XRP came true. Is it still short term now that they say some group is pumping it hard?

Thanks again Haejin! Yes we are waiting for just a little higher highs, and then we are off again :)

Bro any updates about altcoins?

SONM, Is this a massive double cup & handle with bullish fractals at the end? if so, moon? I'm not good at reading charts so spare me if i'm wrong :P But since they just launched their testnet and announced that Hewlett Packard is supporting them SONM might just go on a bullrun.
sonmchart.png

Yes

Why does my post have low rating? i don't really understand the workings of steem yet. I did power up today though so i can support you @haejin :) Thanks for all your work!

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비록 다시 꼬꾸라지더라도...
새해 복 많이 받으세요

This @nijeah idiot is blatantly copying your posts and claiming them as his own.

Thanks for the update and thanks again for the first consultation we had today, I have enjoyed it a lot!

@nijeah I don't know who's attacking innocent Steemians here, you dick!

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