Bitcoin (BTC) Evening Update: All Time New Highs Dead Ahead!
SUMMARY
I believe we will see All Time New Highs overnight or early tomorrow. If the below wave count and price pathway projection is correct, we can soon see $9,000 or higher. Not only that, but the MACD confirms this bullish and probable outcome!
Bitcoin Cash (BCH) also broke out of the symmetrical triangle that was presented in this morning's update. It has started and will continue impulsing upwards towards $2,068. I'm still curious what news or events will be named to justify how BCH and BTC are moving up in phasic congruence.
And this ugly picture....my free hand marking used to share a valuable experience I had and all the details are in the video!
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
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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.**
Happy Thanksgiving Haejin & All 🙏🏽
Same to you and thanks!
Happy holidays @haejin! and everyone else!
From North East, USA
Thanks ... For you too :-)
The second half of this video might be the most important information you ever NEED to hear as a trader. Excellent Video Haejin, Enjoy the Holiday!
Agreed. I was laughing at the start of it because he was literally describing me - I read @Haejin's post about a month ago on TRIG and decided "yeah I can make a quick 40% on that" and like an idiot for the first time ever I went almost all (90%ish) in - and bought at top just as it started to decline. Then after losing significantly on that as it corrected I panicked and went all in on another couple of cryptos seeking to instantly regain my losses and ended up wiping 50% of my portfolio value.
Until that point I'd maintained a steady 20-30% profit overall (beginner's luck) so it was a very strong and badly needed lesson. Since then I've maintained a reasonably diversified portfolio on reliable projects though I'll still play a couple of ETH every now and again if I see something with potential for quick profit/PnD (recently ARN, GVT and HST).
YES! very important info Haejin, you are such a Saint. The world needs more people like you. All the best
Happy Holiday Haejin.
Can you do ETH please. I was Buying ETH at $366.97 at X5 leverage and didn't sell any of my previous positions since $331. I'm thinking of switching to BCH but my noob self isn't sure if ETH has any short term mojo left. I don't see 5 waves completed on the short term charts.
Thanks in advance :-)
if you are not experienced please please i beg you stay away from bch when its pumped. Go to coinmarketcap.com, and search bch and then click markets. Look at where most of the volume is coming from raising the prices. Wait for it to go flat and calm down because they will get you to chase and cash out at the end of the day. Do not buy in this thing on extreme pump. If you wanna make money on it, let it sit for a bit and go flat and then purchase. Its the most volatile coin you can really be in at the moment. Koreans pump this hard for a long time and getting people to chase and then they will cash out.
2 days left to buy BCH at these low prices. Operation Dragonslayer is coming.
Another propaganda. People should be ashamed to support such hostile take over and BCHs plan to destroy bitcoin. Just like last time it will fire back. This is so unethical I can't even imagine it. Seriously sick and tired of support them damn chinese miners. They all burn and go to hell with the monopolistic ASIC mining machines.
Lol, this is the funniest post I've seen yet. BCH is the original Bitcoin. ALL propaganda is from blocstream/core, where have you been?
There is this guy people keep talking about, his name is Satoshi Nakamoto, he wrote this thing called a whitepaper. In it, it describes the original vision of Bitcoin, read it for yourself. DYOR. https://bitcoin.org/bitcoin.pdf.
BTW, while you are busy condemning people to hell, just remember, you have one finger pointing but there are 3 right back at you. Shame on you.
🐾🐈HAPPY HOLIDAYS...IF BTC AND BCH will reach those new highs...that is WAVE 5? Then a major down correction to WHAT? am I correct.....and then what?
:))))
Wonderful lesson...thank you Haejin!
I wish you MASSIVE profits!
When more and more money is pouring into BTC, its price will continue to rise. This is the current trend.
When BTC sentiment (not money) is positive, price rises. The input of money is a reflection of sentiment.
Bitcoin is th decisive derivative unlike the real estate package GE and reselling......... this is inpenetrablevand more important completely unknown and unknownable and forever immortal and trade able
Great news 12000 CAD for chryst mass
Thank you kindly