SUMMARY
The short term looks to be developing so that the B wave (blue) is in progress. B waves always have three subwaves (red abc). The blue C wave is what might cause some fear as it could bring the price down to $7,800 or so. However, there is a scenario for the price to dip even lower than where it is which means blue wave A is not done yet.
Still, the longer term shows that the abc (red) or the handle portion of the Cup & Handle pattern is still in development. It seems that red wave A is complete and B should provide a bounce. The $7,800 level seems to be the target for the correction and this jives well with pattern and Elliott Waves.
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.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
Once again, BTC (and all the other alts) are taking a beating!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Its time to clean this shithole up!
operation @toiletscrubbers initiated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just noticed you got flagged by Haejin, you must be doing something right. Followed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No word on the fact that your last BTC prediction a week ago of a breakthrough over $10,000 never happened.
Those who follow you deserve to lose money, which they will.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I see people downvoting this comment but have nothing to say 😂
If I am wrong, explain why?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You want to play? Let's play 😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This haejin post has been downvoted, it is a @flagtarget.
READ: Resteeming @haejin's 8th 9th and 10th post of the day as target to be flagged.
They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the potential rewards from those three.
Then @flagfund pays "The Braves" who flag those 3 posts every day, as you can see their posts are doing quite well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hello, thanks for the TA!
Is it me, or there is another small wave coming down ( on a more detailed look)?, because i see bear triangle
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sir why you down vote me i have invested 1.750Sbd now i have only 0.60
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I AINT NEVER SCARED! Yummy BTC, so cheap and delicious!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No worry about bitcoin, just wait
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
where the price of steem today decreased
Sunday, May 13th 2018
$2.27| $30.3| $2.09|
Still excited for steemit.. trading btc
True Chain (True)
$2.64 USD (28.20%)
0.00030746 BTC (25.32%)
0.000380878 ETH (21.52%)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for sharing. I am very afraid that i have Btc in my wallet. but now the price of bitcoin getting lower to lower. 😭😭
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Buy some Steem... as this actively developing whale battle should bring its value up to power up more value into the flagging votes.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You do not know anything, what is the reason you are giving a red flag to my post, I do not understand what you mean give me a red flag
https://steemit.com/flower/@muzawir85/the-beauty-of-forest-flowers-can-also-be-cultivated
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hep yükselecek diye bekliyoruz ama elimizde kaldı
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It will go up soon enough.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@haejin , please check out my latest post , i wrote the content to help new steemians , please curate me to encourage me , resteem if u feel like its worth it....
https://steemit.com/steemgigs/@blackempror/an-absolute-comprehensive-beginner-s-steemit-faq-welcoming-and-familiarizing-new-users-steemit-newbies-guide
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha..lol :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There you can see 3 possible scenario for btc.
You can Click here and see my scenarios! You can also click on my profile to view other posts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks @haejin. I really love you posts. Short and to the point. I discovered POLY after one of your posts and friggen love the coin and wanted to say thanks for that!! It has climbed nicely since then! Also, I have made a list of 25 coins for Consensus 2018 and POLY is one of them! Good man! Appreciate your updates!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The projected handle is large. How big can a handle get before it's no longer a handle? Thanks for the analysis.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@lurehound you're on the @abusereports naughty list!
If you do not stop, your account will be rendered invisible on Steemit. Bad Steemian! Bad!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit