SUMMARY
During corrections, a seasoned and experienced trader never gets fixated on the fear. This is a discipline that, once developed, goes far beyond recognition by others who lack it. This discipline allows moments of intense fear to become translated into a contrarian fluency. A disciplined trader knows he can choose to see the fear or an opportunity. The informed know precisely what this means and the uninformed can only react by throwing rocks toward it.
Bitcoin Cash (BCH) is not doomed, it's correcting. The extension of time and price into this correction is quite normal and should be expected in any altcoin. The blue wxyxz shows that the terminal end of this correction is approaching. Even BCH is following the leadership of Bitcoin and is not inversely correlated. If it was, BCH would be hitting all time new highs. The subwaves show that blue Z wave is itself more than 2/3 complete. The abc of blue Z is further broken down with the five subwaves of red c of blue z.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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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Elliott Wave Counting Tutorial #1
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Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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I hope to wake up from this nightmare :(
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... with a lot of money. 💰
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The news will read "BCH climbs from $400 to $10000"...but the Technical Analysis knew about it all along...
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In this bear market a game can be great to lighten the mood :) Come check out Chibi Fighters. No levelling required.
https://chibifighters.io/
We are already in Alpha 0.3 and things look fantastic
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New update from @iknowwhoyouare, going to pretend you don't see it again? We know you've seen it, you never post your wallets anymore for us to donate to you @haejin.
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts
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When Bitcoin Cash pumps, it ROCKETS and MOONS
<3 I love it
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Nice post for discussion @haejin
The newly created Bitcoin Cash (BCH) is a rushed spinoff of Bitcoin (BTC), a clonecoin of which there have been many in Bitcoin’s past. Because the name is confusing, many have taken to calling it “Bcash” to avoid buyer confusion.
There have been myriad clonecoins of various types since Bitcoin’s inception. Bitcoin Cash is a style of clone that copies Bitcoin’s codebase along with its blockchain up until a certain point. Normally when new alternative cryptocurrencies are created, developers just clone the code and not the blockchain. But Bitcoin Cash copied Bitcoin’s blockchain as well, which created a situation in which everyone that had one bitcoin suddenly also had one bitcoin cash.
The creation of Bitcoin Cash was an orchestrated scheme, rushed to the point of engendering significant safety risks. Digital currencies just don’t spontaneously appear out of nowhere. The Bitcoin Cash fork was created by a developer that wanted to increase block sizes, with the hypothetical result being more transactions being processed on the blockchain.
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Price has been in a daily demand zone for more than 1 wk. Price reacted to buyers at $900 (yellow circle), but it wasn't enough to move the price higher longer term. Price has penetrated the daily demand zone even more. There are more buy orders sitting at $800 level (aqua circle). Price should react to this level as well, but what we need to start seeing is a consistent string of candles making higher lows. I'm personally looking for a candle to close above $1100 as conviction that price wants once to move higher.
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nice
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Upvote me sir
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absolutely!
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yup dear u are say right
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very good post sir :) @haejin beautiful person :)
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:(
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Hopefully that's right. If the dip continues then it might give the impression of "doom" but I again, it's the best opportunity for the wise investors to buy an asset with potential high value cheap.
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Could have made a huge amount of money when ZClassic nose dived in it's "doom" as well.
It's funny how no matter how many times the same patterns repeat over and over, especially in crypto, people still are so insistent that this time things will be different.
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Bitcoin Cash - Bitcoin Trash
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Good
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You just can't stop, you get 🔥 hOT everyday and nice one again...
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Nice post sir ❤
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ree with you this is nice post
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I agree with you this is a good post
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I agreed with you ! Really nice post
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When you copy/paste or repeatedly type the same comments you could be mistaken for a bot.
Tips to avoid being flagged
Thank You! ⚜
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Buying BCH is buying against the herd, for this reason I love this chart
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Coins mentioned in post:
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nice
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Nice post haejin
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it's Correcting! :-) You bank account maybe?
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What are you saying?
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Haejin is the best crypto expert!
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Bitmain Antminer S9 Bitcoin Miner, 0.098 J/GH Power Efficiency, 13.5TH/s
ASRock H110 Pro BTC+ 13GPU Mining Motherboard CryptoCurrency
ASUS GeForce GTX 1060 6GB Dual-fan OC Edition VR Ready Dual HDMI DP 1.4 Gaming Graphics Card (DUAL-GTX1060-O6G)
MSI GAMING GeFroce GTX 1080 Ti 11GB GDRR5X DirectX 12 352-bit VR Ready Graphics Card (GTX 1080 TI AERO 11G OC)
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 125.32 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @haejin, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 45 and the total pending payments to posts in these categories was $2668.30. To see the full list of highest paid posts across all accounts categories, click here.
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Hey,@haejin what do you think about @verge $xvg ?
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I hope that future would be of crypto currencies, so investing my time on crypto currencies like bitcoin, bch, litecoin, dash etc. Hope to make my future from future of crypto currencies.
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