BITCOIN (BTC) Morning UPDATE: BREAKOUT!!! PRICE SURGED OUT of the BULLISH ASCENDING RIGHT TRIANGLE PATTERN as PROJECTED by @haejin!!

in #bitcoin • 7 years ago

SUMMARY

First, the video has a very good explanation on how fear and greed emotions can be managed to better your trading. I recommend you view it.

Overnight, Bitcoin (BTC) BROKE OUT of the VERY BULLISH Ascending Right Triangle!! Volume confirmed with a surge as well, so this move is quite decisive. We should later be able to count impulse actionary Elliott Waves to track its progress towards $13,884 and most likely MUCH HIGHER!

Here is the Coinbase Chart showing the Bullish Ascending Right Triangle.

Here is the Bitfinex chart showing the breakout as wave 5 with equivalent surge in volume!

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!!

--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


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.**

#money #cryptocurrency #blockchain #altcoins
7 years ago in #bitcoin by
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    • [-]
     7 years ago 

    its altcoins time get on lisk steem guys be smart

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    [-]
     7 years ago 

    after 13k, should we expect retracement?

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    [-]
     7 years ago 

    I don't know about this @haejin but Bitcoin and USDT are in for a huge dump. THere's a scandal about bitfinex pumping Bitcoin's price.

    https://steemit.com/bitshares/@docmastery/usdt-printing-out-of-thin-air

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    [-]
     7 years ago 

    I start my day by checking your technical analysis Haejin. Very thankful for the advice.

    [-]
     7 years ago 

    Same! Maybe not "start", because there is like 10 hours difference, but it's a must read each day. I tend to refresh Haejin's profile each hour or two to see if there's something new :-))

    [-]
     7 years ago 

    Same here but refresh his blog page at least 6-10x per hour (except around 11pm-5am ET that’s when he’s getting his much needed 😴 and no activity in his page).

    [-]
     7 years ago 

    Exactly the same with me. I kinda wait for Haejin to wake up !

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      [-]
       7 years ago 

      We are all a part of that same group I suppose - eagerly wait for Haejin's analysis and decide on what to do with the trade for the day based on that!

      [-]
       7 years ago (edited)

      5 of (5) of V of (V) is in Guys Take NOte --Massive Correction will soon follow --- or so it looks

      [-]
       7 years ago 

      Heajin -top in ?
      bear market ?
      stay tuned I guess -
      thx Haejin

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        [-]
         7 years ago 

        Video link not working....thanks

        [-]
         7 years ago (edited)

        yep video broken

        Edit : working :)

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          [-]
           7 years ago 

          Video is working now. 👍

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            [-]
             7 years ago 

            Another informative post about bitcoin, thanks for sharing this

            [-]
             7 years ago 

            @royrodgers has voted on behalf of @minnowpond.
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            [-]
             7 years ago 

            your analysis is very very good. i appreciate your insights. once again your correct

            [-]
             7 years ago 

            One request - could You please refresh Your view on IOP? It made great move recently (just like in Your analysis), but right now I'm not sure whether it already finished circled wave 1. Your previous analysis was here:

            https://steemit.com/bitcoin/@haejin/internet-of-people-iop-usd-target-usd16-09-567-profit-potential-iop-btc-target-0-0126-btc-40x-profit-potential

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