BlogHide Resteemsresteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Evening Update: Short IHS Pattern Invalidate but Medium to Longer Terms Remain UnchangedSUMMARY The very short term IHS pattern for Bitcoin (BTC) has been invalidated with the decline towards $8,466 but as the next charts will show, the bigger picture remains unchanged. The below…resteemedphilakonesteemit (56)in bitcoin • 7 years agosteemCreated with Sketch.Bitcoin BTC March 15 Afternoon Update - Target $8,367 Hit. Is one more wave possible up? Prediction, Bounce to $8,550 range then to $7,250General Tone: We hit the first bounce target near $8,368. Another possible target 2 hit n $8,584 is likely. then we correct further for our final wave. Today and tomorrow, I expect bullish…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Mid-Day: Upper Trend Line Re-Taken with Five Waves!!SUMMARY Bitcoin (BTC) has re-taken the upper white trend line! It has done so in an undeniable five wave impulse as shown below. This is signficant in both technical analysis and trend direction.…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Morning Update: Unless Upper Trend Line is Retaken; $8,200 Still a TargetSUMMARY Bitcoin (BTC) had 6 down days in a row and so technically, it was due for a bounce and I believe we're seeing it. The below chart updates the subwaves of C wave and if it is to be…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Mid-Day Update: Short Term Moves Are Nothing Compared to the Upcoming Long Term TrendSUMMARY NOTE: Post Upload Duplicate of Monetha was due to lag in connection. Hence, the closeness in time gap between uploads. The duplicate has now been updated with Bitcoin Mid-Day Update.…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Evening Update: Short Term Target is $12,112 to $12,306SUMMARY Price has risen nicely out of the third consecutive wedge pattern. Just earlier, a higher high had been logged. The white waves show a probable impulse as subwaves to the blue 3. This…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Mid-Day Update: A Pathway to $12k Could Look Like ThisSUMMARY The wedge I had shown in this morning's update had price breakdown below the lower support line. Price has been rising and now is hitting against the belly side of the wedge pattern.…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Morning Update: Similarities to the September Correction & RecoverySUMMARY While the past is no guarantee of future performance, fractal impacts do linger. To this end, I wanted to share some attributes of the September 2017 correction and how it could have some…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Evening Update: A Wedge Embedded Within an Inverted Head & ShouldersSUMMARY Current price action shows an upward pointing wedge that could signal a minor correction. The key question is how much of a retracement? The blue Elliot Waves show a modified count…resteemedhaejin (88)in bitcoin • 7 years agoBITCOIN (BTC): BULL FLAG SPOTTED!SUMMARY Bitcoin (BTC) has thus far traveresed a correction that can be labeled as abcde (red). IF the purple wave i and ii are complete, then a renewed uptrend is expected. The correction…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC): Very Exciting Days are Ahead for the CryptosphereSUMMARY Note: Tons more details in the video analysis! Bitcoin (BTC) price action is looking very healthy. Yesterday, I had posted the below chart as a projection: This morning, price has…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Mid-Day Update: Short & Longer Term PerspectivesSUMMARY When Bitcoin (BTC) hit the $5,900 zone, there was a monstrous green volume on a daily scale (blue circle) and this was quite a bullish sign being born in the midst of panic selling. A…resteemedhaejin (88)in bitcoin • 7 years agoBitcoin (BTC) Morning Update: The Right Shoulder Completion is NextSUMMARY Note: Tons more details in the video! With the decisive breaching of the very resistant upper white trend line, I believe there are a couple probable pathways; both leading to the same…
