RE: VOISE to SING the Song of PROFITS!!
Guys, guys, guys come on! We all like the post of @haejin so much and maybe a lot of you guys see him as a good friend. You do have the rights for that. But a good friend also brings you the bad news. And hé, I don't know you and you don't know me.......................and we all don't know @haejin. But if there's one thing I've learned from him: "Let figures tell the story" so that's the only thing I'm doing right now. The only story I had to put with it were the headlines of @haejin s post:
1st Blood Update: What will happen after the Handle is complete? KABOOM Time!
Cardano (ADA) Targeted for $2.73 or HIGHER!!
OAX Coin (OAX/BTC) Could be a Ground Floor Opportunity!!
Monaco (MCO/BTC) Could Fly High!! Check out this analysis!
DIGIByte (DGB): BULLISH Fractals a Galore!!
ReddCoin (RDD): Huge Bull Side Move Potential!!
VERGE (XVG): The Hurry Up & Wait Syndrome
I know this will not be the things you want to hear, but I'm just showing you figures. Even if they're not the figures you want to hear and see. I bring the bad news.....................it might make me a better friend than you think @haejin is! And remember: "Good friends can have an argument and drink a beer afterwards."
Next round is on me,
Chears
I understand your concern. Haejin calls things as he see's them. And you're looking only at weekly time frames. Projections always change, it is very rare that anything plays out exactly as you draw it up, unless you're in a super bullish phase within a bigger bullish trend, which is what we've experienced lately. But with extended and complex corrections, time is impossible to gauge.
Additionally, with say, your First Blood chart, Haejin is expecting that downward movement. Descending channels that form the handle take on average anywhere from 4 days to 2 weeks in these long developing patterns dating back several months! He is simply giving us a heads up on certain possibilities and it is on us to figure out when and where the opportunities lie. Good luck!
If one understands, it's me! Just check out all my comments where I say: "I don't want to know what a coin is doing next week, I want to know what it's doing NOW.
Bitcoin is telling you his story every hour. Take your chart and re-lay your lines every hour.
This isn't a bulish market anymore, this is a bearish market for most coins. Even when they lift from time to time they only work as an assassin.
What's wrong with "chicken out". In this market it can safe you losses to jump in on a better level. If you look at the big picture (1 day chart as far back as possible) most of the coins show similarity. They are all waves hadding for the beach. We call it a triangle. Once it gets at the end of the triangle it used to be a Kabooooeeeeeeem because the market was bulush. Now my only statement I made in all my comments: The end of the triangle doesn't nececeraly mean a Kaboooooooeeeeeeeeeeem. It is just searching for a new price level.............that can also be lower.
p.s.: I just put his most recent posts in the comment. No matter what the outcome was. I think that's the upmost honnest thing to make a comment.
No hard feelings, just telling you.
i agree, there is this huge following now because his TA looked like it was incredible because the last 2 months he was right on a decent chunk of coins he suggested (not saying its not good, just its hard to be wrong when predicting things will go up when the alt market exploded). So the coin he predicted went up, well guess what majority of the alt market went up, instead of using his TA this last month you could have just been using a dart board with coins on it and tripled your money.
people are going to lose a lot of money following this advice especially with BTC uncertainty. People should have fiat in hand for a big dip, not putting money in because VOISE is about to sing
They are correcting ... If you know someone who can predict how low a correction will go I want to know him too ... I'm up in RDD,MCO and 1st, bought them after reading haejin post and making my own TA, just XVG is down and is clearly in a correction. Overall on these coins I'm up. The real point is where will they be in 2-3 months because I plan a 150-500% profit (massive profits :-)). It's mid-long term holding ...
Please post some coin that dips lower than the first wave of an impulse, it will be more valuable because in that case it could be a 'mistake'. Cup and handles doesn't counts because sometimes there is a little impulse that is not the main and the downtrend continue a bit before the real one comes (cf Technical Analysis of Stock Trends :-), chapter about cups ).
Also, you are the one that trigger the buy/sell button, just read the books and make your own TA, for me now haejin is a huuuge help to spot good coins, but I ALWAYS do my own TA and take my decision from there, that's the way haejin's blog has to be used. Do not follow blindly, learn to think by yourself.
And also, BTC is correcting and could dips to 8k$ and even lower, and it could take months before it comes back to 20k$, all alts will suffer from that, it's an apocalyptic hypothesis, but at the end of the day all will go up again, charts says that, new tech adoption curve says that, and even fundamental analysis says that, so ... Just hodl or get out now, it's true that it's better to regret not being in than the opposite but here the odds are in the favor of the bulls for next year so ...
Look at the tutorials and read the books, maybe you will understand better how to use haejin's blog ...
Saying that friendly, you are right on a point, a lot of people just follow haejin blog without trying to learn to fish, that's a real problem because if it happens that haejin make a 'mistake' or a wrong guess (and it has to happen because we're talking about probabilities) people will lose money and blame him instead of their own laziness to learn to make TA. He should maybe insist more about the fact that we should do our own decisions and never follow any advice not knowing what we're doing, but you know, he can't just do that all day, he has TA to make :-)
@adri1202 With all my respect but I can't read opinions in your comment that are different with mine. The thing I'm not sharing your opinion with is the fact of the "Trigger buy/sell button." What's wrong with folowing the waves of Ethereum and buy in on the low level and sell on the high level? If I do this with 10 Ethereum it can give you a potential profit of $ 1.000,-- each cycle and it makes your stack of Ethereum grow.
You don't get poor by taking profits. What's wrong with the old traditional dollar since we went into cryptocurrency? Are we starting to hate it? Not me, it's my best friend as a USDT and the upmost safe escape "trigger" button that's waiting for a better time to get me right in.
If you look at this chart I created for Ethereum, what am I doin'g wrong when I buy in on the low level and sell on the potential high level? Everytime a turning point comes into the Ethereum eye I'll keep checking and checking and checking if I have to make a move.
So now Ethereum isn't the assassin, I am. Ethereum and Bitcoin are telling me their story every hour.
It's my opinion on how to still make money into this bearish market. Please correct me if I'm wrong.
Hey can you elaborate on ETH. Where are you buying and selling. I am struggling with where to sell. I think ETH will hit $1700 but in meantime like to trade it a bit