Bitcoin (BTC) Evening Update: New Short Term Target $15,522
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SUMMARY
Bitcoin (BTC) price action today met and exceeded the minimum target of $13,810! The bullish ascending right triangle provided the solid base to allow price to decisively breach the upper trend line of the channel. This is significant as this now allows Bitcoin to head towards the $15,522 target for white wave 1. Following this, white wave 2 will most likely head back towards that upper trend line but it will likely serve as a staunch support. Video has more details!
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.**
Bithumb's controlled correction.
Meanwhile, I am stuck in the grey mempool for 15 hours.
All I want for Christmas, is a BTC that works.
I quit using BTC for moving money a while back. Never again, not unless Lightning shows up and shows off. I cannot stand not knowing if my transaction will ever go through, if it's lost, or who knows what....customer service doesn't respond on any site until the transaction finally pushes through two days later. Ethereum network is clogged up as well. Besides BTS, Ripple is my go to for moving money.
Three letters...L.T.C.
BTS
Looks like they all have three letters.... xD
I've still been using ETH. It's getting clogged up but still works well if you up your gas a bit. I use the ETH Gas Station to see what a good level is:
https://ethgasstation.info/
I hadn't considered using Ripple but may do so in the future.
ETH is just fine got my withdraw in under 5 mins in exchange.
Not for me I sent some EOS from ledger to sell at exchange and nothing . Hope it comes in before the next wave up finishes.
Dash always gets the 6 confirmations in 15 mins. NEM, PIVX, XVG are also pretty fast. BCH and LTC does well too.
How does something get less functional and have less utility and go up 20x in value. It's not right and it does not adhere to logic and something has got to give eventually BUT I guess this could go on for awhile yet. Crazy days.
Thank you Haejin! I waited and bought on the dips with All I have been learning from you! Bought both books and technical analysis just showed up!!! So excited to learn and grow you are helping and not harming I can't thank you enough for all that you do!!!!
I wish you MASSIVE PROFITS!!
If Haejin turns out correct on this one, I have to come to the inevitable conclusion that despite the incredible complexity that might be ongoing behind the scenes, at he end of the day market creates rather typical patterns that unfold in considerably simple and predictable manifestations. While others try to project the motion of celestial bodies using quantum mechanics, Haejin seems to use Newtonian mechanics and guess what it just works much much better!
I use price, the most direct reflection of sentiment and count it using Elliott Waves
I can confirm that the price of BTC went exactly as Haejin predicted. Wish your Civic projection also comes as true. been only losing on that horse
For me, it became impossible to deny the evidence presented right in front of my face.
This is a big deal man! This is a freaking dead coin he is talking about. An abandoned ship! Many university profs will go nuts over this.
I'm very grateful, therefore, I'm sharing the links to your work on my social media as way to express my gratitude.
That's the greatest gift you can give both Haejin and those you know on social media! Thank you for supporting Haejin's blog!
Currently, the BTC price uptrend is unstoppable. When more and more people pour their funds into the crypto space, it will only propel the prices upward.
You are THE MAN!
You're a legend Haejin!
Say no to "Guru Buffets"...priceless advice!
bitcoin forming a parabolic curve...dear sir please explain it.......
Sentiment
6 forks!!!
This was very very helpful. Thank you!