Bitcoin (BTC) Morning Update: Something HUGE is approaching in the Cryptosphere, MASSIVE Profits are to be made!
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SUMMARY
The below three images below represent the speciation event of Altcoins. They have mystically aligned to these chart patterns which are all MASSIVELY bullish. I see no other Technical Analyst even remotely discussing this as I had been now for weeks. Something HUGE is coming, something MASSIVE is appraoching the Cryptosphere and MASSIVE profits are to be made. I know not what event or news, but they shall arrive to justify the forecast. With the altcoins lined up with such BULLISH energy, we aint seen nothin yet!
Bullish Downward Pointing Symmetrical Triangle
Jaws of Wealth Broadening Patterns
Cup & Handle Chalices of Wealth
I've updated the Bitcoin Elliott Waves. Video has more details! The $13,758 rymes well to the channel chart.
Channel Chart:
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!!
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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.**
Can you do a new update on Steem?
@haejin , i love your content but could you please post the 4-screens-charts in separate pictures, it is very hard/imposible to read atm!
Thanks!
Right click and open in new window for full image large view.
Well, i did just that (on a 27 inch monitor). But half of it isnt readable, which is sad, be cause your work is priceless to me!
Very ominous looking charts. This is like the tide going in just before a tidal wave hits.
5^35^35^3trend^change3^53^53^5
wonderful!
Has EOS finished its cup & handled? It has surpassed your last estimation. THank you!
I was thinking about the same. EOS finished the predicted heights. But it looks like going higher.
And and how about LTC breaking 100? Not a big deal or anything :)
Something Massive Magical and Magnetic. MAAAASSSSSIVE PROPHETS FROM THE PROPHET!!!
@haejin would you give us some light on the next EOS buying zone, I was aiming 1.70 - 2.70? Im doing the homework but might be counting waves wrong
1hr chart
Great question.
Im holding most of my EOS. and I have cash ready for a correction if it happens. I am aiming for 2.11 and 2.37 and if it goes there 1.8. But if not then I have cash for some thing else.
The pundits are all starting to hint, "BTC overbought, showing signs of weakness" but I think what you say makes sense simply because an avalanche of people are getting into the market.
Bitcoin's rise works like a magnet. So here you have your explanation ;)
BTC would be overbought...if we weren't seeing huge numbers of new people, "normies", getting involve din crypto. The mainstram media covering the news that it's smashed through $10k - and not only didn't dip horribly but is now through $11k and heading for $12k would be huge enough. Also the fact that The Big Bang Theory is going to do an episode centred on BTC tomorrow will get even more normies talking about it, thinking about investing and actually investing.
Add to that the fact that we're only just beginning to see serious institutional money coming in and the bull run could well continue for a while before there's any serious correction.
This is what we all want - more people, more FIAT into crypto and more profit. 🤑
Correct. Riding the little dips right now, getting used to this.
Then we'd see people buying other amazing coins with there BTC that's on their exchange accounts.
OMG
There is not a lot of people in my life that give me a smile on my face for hours, so many times each day!
Absolutely enjoying every TA!
Thanks again haejin!