Bitcoin (BTC) Evening Update: BOOM! $9,600 Target Hit & Exceeded!!
SUMMARY
Bitcoin (BTC) put in a recent surge that took it as high as $9,735; easily exceeding the $9,600 minimum price run projection for the bullish ascending right triangle pattern. That's why it's called the minimum target because its usually exceeded!
Here is an updated Elliott Wave count as had been requested several times. The red waves show that 1 and 2 are complete with 3 almost placed with a target of around $10,084 or so. Then wave 4 correction before the 5th wave. These dollar value targets are not precision markers; only land mark regions to provide structure to the upcoming wave levels.
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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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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i'm always waiting your 'BOOM' sign~ :)
US debt 21 trillions and counting, the shady derivatives market around 600 trillion. Petro Yuan. Russia, China, and the list is growing, using local currency for international trade. May HODLers come out of the other side unscathed when SHTF.
5 hours ago - SUMMARY. Bitcoin (BTC) put in a recent surge that took it as high as $9,735; easily exceeding the $9,600 minimum price run projection for the bullish ascending right triangle pattern. That's why it's called the minimum target because its usually exceeded! Here is an updated Elliott Wave count as had been ...
Very interesting... Thanks for sharing.
Great analysis,, thanks..
Well Haejin, you called for the fireworks and they are here. I am amazed at the surge. I hope it trickles down to steem. I want a bigger surge for steem. Keep us informed.
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Great and a informative post sir.
Thanks for sharing such a wonderful post with us.
keep all your good works up you will surely get success in your life as you have got in steemit.
have a great day ahead.
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how are you doing haejin healthy
Everytime I love to congratulate you boss, work is experiencing the best thing, and you are among the best boss..