Bitcoin (BTC) Morning Update: My Two Indicators for Bitcoin Top Spotting...Watch this Video Analysis!

in #bitcoin7 years ago

SUMMARY

Overnight price action for Bitcoin (BTC) successfully breached the upper trend line resistance. The key is to make it decisive in that price now uses that former resistance as support. I think it will. This trend line resistance had been hit multiple times and thus weakened enought so that this time, the breach should should allow price to stay above and rise from it.

In the video, I also details two primary indicators I'll be using to call the top on Bitcoin! I won't summarize here as it'll be too lengthy, but please view the video and I hope it'll be helpful!

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
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
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.**

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I got the tools for...approaching the freedom!!!

I subbed Haejin = the best tool ever! 😉

I agree 100 percent with you....lucky us to find him!

found this free for those who cant afford it or want to have a look before buying. also you can view the elliot wave book free from elliotwave international site technical analysis of stock trends tenth edition pdf
https://onedrive.live.com/?authkey=%21AHTv78sTyipkZ4I&cid=EBFAFD82D6649339&id=EBFAFD82D6649339%21848&parId=EBFAFD82D6649339%21116&o=OneUp

@haejin thanks for the BTC update! What is happenning with Steem and EOS, could you please update on them? Bitshares is already on its way to 21 cents, very close.
@gold84

need update EOS plzz

at the rate money is flowing into crypto right now just buy the stuff and hodl, the corrections are fast and furious. I'm sitting on the XVG forums today watching what people are writing, XVG is up something like 13000 percent or something like that this year, and guys are complaining its not moving fast enough. Buy the dips. Trade the corrections if you want but 2million turns to 1 million fast. If you bought eos at haejin's recommended price your laughing already. About 700 percent profit plus already. He's a crypto god

EOS 🚀!!!!

@haejin Thanks for this as ever. Could you please please provide an analysis on ETH? Would be great to see your interpretation of the recent decrease

Yes please!! We want an analysis on ETH!!

Ditto here. Thank you!!

Your post has been resteemed to my 2500 followers

Upvote this comment if you like this service

hahah laughed out loud about a shoe shiner recommending bitshares

Hey man. I respect your work a lot and it was very helpful. What do you think about the fact that Bitcoin is being listed on the Chicago Mercantile Exchange and there is rumour about a lot of shorting that will occur? This along with USDT FUD can cause a huge crash? What do you think?

Thank you for the Morning update @haejin.

video says unavailable

you can see it in a Youtube directly...

No video...

Thanks, Love your posts! very detailed and accurate..
I've been a bag holder of KIN since the ico, can you possibly give an update on that? doesn't seem to be a lot of price action going on

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