)
SUMMARY
NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
Video Updates to return in the morning!
Bitcoin (BTC) has risen out of the recent bottom as shown by the below chart. IF the C wave is in and complete; then I've labeled the Elliott Waves accordingly in blue and white on the right side of the chart. I'm still calling for a Fractal play between Fractal #1 and #2. This means that both are of Expanded Flat corrections and price shoudl soon see higher highs.
Remember that corrections are healthy; while others wale at corrective waves, those who are more aware buy more rather than panic sell. Again, if the first Fractal can be any guidance in that it moved price to $20k; then the second Fractal should move it at least to all time new highs.
I also want to point out that the volume does NOT confirm a Head & Shoulders. Remember the nay sayers in the comments calling for $4,000 to $6,000 price because of a Head & Shoulders top? I had disagreed from the onset of the correction. The fractals are still in play!
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!!
--
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.**
I sent you $20 in ethereum, my freind. Hopefully soon I will be able to invest as I am currently unemployed and have limited funds, but things will change for the better, I pray. We all appreciate you sticking around, we need your wisdom!
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There's your donation back in Steem. Good luck in the...job/money search.
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you are and example for all steemians to follow sir
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I remember when I was in high school, my Chinese freind was teased and bullied by everyone, and so was I, because being Spanish or Asian wasnt popular back in the 1980s. They called me "Spic" and called Ken Lui "chink boy", and when they ganged up on Haejin, I had flashbacks of how my schoolmate and I were both socially marginalized, Thats why I went all out after the cyber bullies who felt they were above us. Im glad this has blown over, as it has drained a lot of energy from me and we need positive energy, not negative greedy energy on Steemit. Sometime you have to lose to win, Thanks, TT-dogg, voted , followed. I cant believe how many people voted for me, I really appreciate it, its restored my confidence in Steemit. There are many, many others who backed up Haejin, also, and they deserve credit too, I wasnt the only one fighting the whales! (I thought my posts were funny and sarcastic ) In my humble opinion, I think we should use litecoin or ethereum to help each other out when needed, as Bitcoin transactions are too expensive and take too long. The ether and litecoin will be transferred immediatley, and no one can steal it or downvote it! Finally, the Nerds and Geeks of the world have a safe haven, on Steemit!
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Good luck my friend. 100% upvoted.
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Thanks for supporting Haejin, I wish you massive profits!
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Dont miss another update from @Haejin
Anouncing @Haejin SMS notification service > https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Please resteem this post
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good lucky to you
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God Bless you. I will pray for you too.
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upvoted......I to when @haejin was fairly new to this community sent him 50 steem....
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Yes, don't let the likes of Bernie Sanders and other whales intimidate you. Minnows are here for you!
Please do analysis of verge, it has dipped so fucking low! But I'm still HODLing!
Good job!
#peace
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Good job bro!
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Good luck to you @marcoagarcia3rd ! Keep believing and money will come back to you.
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nice to see the Steemit community coming together.
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Haejin, I powered up my life's savings for you. :) I SUPPORT YOU!
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respect
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Wow, this guy is NOT KIDDING!
Well done, sir!
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I've been following Haejin long before steem. I've learned so much from him.
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That sounds like a leap of faith to me right there. :c)
I sincerely hope that it all turns out alright for you.
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Holy jezzz... you are the MAN...
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Power up ? Is a good idea to invest all your STEEM .
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STEEM is going to the moon!
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Putting you savings in Steem will do you better than keeping it in a bank account. I wish you massive profits!
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Welcome to Steemit and good that you come when it matters! ;)
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If you dont mind me asking did you buy and then let sit in account? I am new here and still trying to figure the whole process. Do I need to buy #STEEM in order for this platform and community actually make some leg way and get profit? @johnny-appleseed
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I'm kinda still learning myself. I'm vesting people through minnow booster. Then probably see how that goes. If it does well it just means more support for the whole community because I'm going down with this ship.
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You don't need to buy steem at all to contribute to the community. You can start by blogging everyday and posting meaningful comments that enriches the community. Buying Steem on my end was simply to support more of the project and the community. If you power up your steem like I did, then you can comment and reach a bigger audience because you have more money to give. I powered for my own reason because I believe in Steem and want to support Haejin.
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@johnny-appleseed That's whats up man! Glad you believe in the platform, and able to support others in the community like @Haejin. His post has been Grade A, and just recently found him from someone else and maybe some trending post as well. #Goodluck on your journey and I am sure I will see you around again. Until next time, #HappyNewYear and lets make it grow!
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good
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@haejin I support you too. Your visionary fractal patterns you find is amazing!
I think Bitcoin will tank some more. Here are my arguments for that: #20, #22. But in long run your prediction come to power!!
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Dont miss another update from @Haejin
Anouncing @Haejin SMS notification service > https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Please resteem this post
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@johnny-appleseed how we improve our steem dollar and steem power please help you have good SP please vote and help
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I was literally just preparing a post wondering whether we were still on course for this fractal! Glad you beat me to it, but here it is in part anyway, I already had it prepared...
I think we all missed our teacher over the last several days. I have also seen other posts calling for a drop in BTC to $6000. I recalled that Haejin recognized that possibility but did not consider it probable, so I went back and reviewed one of his posts from a few days ago, discussing fractals. He showed this image:
Now look at the current BTC/$ chart:
When I zoomed in on Fractal #1, I think we are here:
Would really appreciate any feedback!
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Great observation my friend..i was just thinking of this today...the similarities are really appealing..cheers
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I have a doubt. Ive been investing in haejin suuggestions such as BTS, MCO, EVX, ANT. But if this happens with BTC USD, all these altcoins btc ratios will fall massive?
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A bitcoin bullrun brings forth the altcoin popcorn symphony :) the alts can rise (% wise) much faster than bitcoin so these ratios can still be higher against bitcoin.
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That's what i was thinking too, because the USD values have made new highs in many alts but the BTC pairs have just started...of course it's anyones's guess, but i have a gut feeling that alts will run too
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Have some alt coins too, all still in correction, do not worry about that, could take weeks, but they will go up. MCO is a bad joke for me, bought then goes down in a few hours lol, I laddered a bit and bought some more. Anyway in a month or two they will be 150 - 200% profit (at least I hope :-) ).
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Oh my gawd, this made my day. Thank you, lol
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lol...now thats funny
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OMG, this is so much WIN!
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I need to have known Haejin as long as you have apparently.
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Lol that's exactly it! 😂
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haha
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Seems we some interesting times ahead.
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Who is @ranchorelaxo? Is it your alternate account?
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He is a whale who started supporting @haejin 2 weeks ago because of the gains he made through @haejin's call .
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Hi @haejin ,
Welcome back ,haters gonna hate we have trust on your analysis. Please provide your analysis on Verge(XVG) , i invested lot in it and literally in bankruptcy if i sell as of now. Please, provide a analysis !!
Regards,
Nitin
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Wait bankruptcy?! You’re not suppose to put everything on xvg specially on something as volatile as crypto even master H said to diversify. I think you don’t have any choice but to hodl
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Take a deep breath, everything will be OK :)
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@haejin You've been missed. Forward my thanx to @ranchorelaxo.
Best wishes to you :)
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Could you please do an update on EOS?
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seems like you are all in on EOS .
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Welcome back good sir, I feel good that I was able to make and manage my own trades without your posts and do well in your short leave of absence.
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and he's back.
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thx @haejin ... could you make an update on LTC?
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Welcome back! Don’t let the haters stop you :)
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Welcome Back Haejin. We missed you. I can breathe again now.
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Welcome Back!!!!!!
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Well explained. BTC is once again towards sky.
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So according to your analysis what will be your prediction of BTC price before the end of Y2017?
Cheers,
@Yehey
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So happy to see you back. Could you give us an update on XVG? Thanks.
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Powered up only to support you more.. Been a follower for last few weeks and really like your updates
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good analyzing information, Thanks for sharing. i like your post and following.
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Thanks! @Ranchorelaxo is a huge whale! I think he could crush the group of down voters single handedly!
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I hope he does- with extreme predjudice!
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I miss you, i was dead whithout you :( welcome back haejin <3 regards from chile
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감사합니다. 늘 잘 보고 있습니다.
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저도요^^
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Hello colleague @haejin, I hope you feel very well :D. Very good post, I voted for it. I would like to invite you to follow me on my page @emmanuel250998 where I will be uploading every day the latest news about the world of cryptocurrencies. I also invite you to vote for my last post:
https://steemit.com/bitcoin/@emmanuel250998/nitial-coin-offers-have-raised-more-than-usd6-billion-dollars
I would very much appreciate your support. A big hug and greetings from Venezuela ;)
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if you would know @haejin you should be aware that he doesn't give a shi* about news and events 😋
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I WAS THE NAYSAYER ;)
It's all about sharing ideas my friend.
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I'm also still not sure what to do now ... Withdrawed half of my hodling, if it goes up I'll buy back missing some profits, but if this goes down I'll buy more and make huge profit. The problem is for people that does not have more money to put in crypto so the hodling/selling then buy lower question is on the table ... For other people, just hodl and buy more if it drops.
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It's all about managing risk. I also follow https://www.tradingview.com/u/goldbug1/ who wrote a nice piece recently: https://www.tradingview.com/chart/BTCUSD/AXbLKbR9-BTC-Your-Either-Very-Long-Term-or-Very-Short-Term/
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Haejin, I hope you had a great Xmas!
Thank you for the update, always get excited when there is a new post from you..
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Dear Haejin, every time I read your analysis I feel that I have so much to learn, I thank you for sharing your time with us. 100% voted
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Great work. Some ideas for coins to look at --- TRON, DOGE, Siacoin, DGB, XRP.
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Thank you for your analytics. A very optimistic forecast. But don't you think the C wave is not yet over?!
(
)
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Thanks Haejin Lee,
I'ḿ back from Christmas Holidays and was unable to support you against this greedy downvoter berniesanders alias grumpycat alias...FAH ( who makes money with upvoting his own shit). Since you came up and deliver real content his selfvoting botscheme loose a lot of proftits. Thatś why he tried to destroy your blog. Luckily he loosed.
Big thanks also goes out to @ranchorelaxo for helping to protect your blog .
greetings from berlin
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He is back!!! THANK GOD!!! I feel so uncomfortable :-( Thank you that you're back, I do not have much, but I support you where I can. Thank you for giving it. You give many people a safe feeling. 1000 Thanks
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Good to see you back @haejin. Sent you some ETH as a token of gratitude :)
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Glad to see you are back @haejin.....Also glad you say that I had come to a very similar assessment of the BTC charts over the holidays. I'm happy to see you confirm my application of your teachings. Thanks for coming back!
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welcome back!
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You're really important to us all. Welcome back!
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I really appreciate your effort and experties
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@haejin You are back!
flowers flowers
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좋은 글 감사합니다.
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Haejin Returns!
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Welcome back! Could you explain a bit more how @ranchorelaxo has our backs?
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Rancho has the power to quash any potential downvotes by he-whose-name-shall-not-be-mentioned and his botnet thus restoring peace, harmony and order to the universe.
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His name is @berniesanders. I'll take the slings and arrows. After his unprovoked attack on me a few months ago (because I dared to mention "EOS" in the title of a post!), I was as scared as you at mentioning his name.
Now, I'm working on this:
http://berniesandersbot01.xyz/uncategorized/first-things-first-i-need-a-script-written-willing-to-pay-for-it/
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It's not that I'm scared, it's just that I don't want to give him any more publicity.
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Thank you, it has been total anarchy the past few days. Like an evil spirit- we must not mention his name, or his bots will downvote us. Thank you Rancho!!!
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My question is, who is rancho? Is it a human or a bot. If a bot, who owns it?
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Nobody really knows, I doubt it's a bot though. Rancho's account is 150 days older than Haejins and it took Rancho a long time to start upvoting Haejin. I'm doubtful Haejin owns Rancho, if that's what you're wondering. Although I guess anything is possible. But still, I doubt it.
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Great analysis as always. I personally think that BTC price is gonna go over 20k . I just don't know when but for now I will just hold what I have.
Thank you for the post Haejin = )
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correction is healthy indeed. because base on an observation after each correction a new ATH follows.
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https://steemit.com/christian-trail/@ayemmanuel/my-future
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Was waiting for you. Same thought. Holding until 23000.
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Fantastic and interesting post greetings friend
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what are you thinking of digibytes current formation? Ready for an EXPLOSION?
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Resteemed and upvoted!!!!! So insanely happy you are back!
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Hey @haejin SMS project working? Or no .
Good to have you back .
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heajin this is so beautiful and awesome post thank you so much for post pls also help me my new friend....
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Good to see you back Haejin!
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Thank you Haejin
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I see no $300 posts... hmmm... weird.. My prediction is on January 4th BTC will be clogged like the CAL 10 @ 2pm on a Thursday. ETH will have a small tx meltdown and LTC will move up $75 to $438. STEEM will break $5 and SBD will be $18.50 all the while STEEM BC will still handle 1k tx per second without cracking a sweat.
This comment is for entertainment purposes only.
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thats one weird way of predicting.. Any fundamentals or TA?
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I actually missed checking your steemit blog every 4 hours daily..... so glad to have you back 선생님!!!!!!
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Very happy to see you back, I have bin lost without your Daily post. With @ranchorelaxo, and all your fan support nobody can stop you anymore from helping us. You are doing great job don’t let anybody stop you.
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It's so good to have you back Haejin. I hope you had a wonderful Christmas.
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Glad to see you posting more @haejin If you get a chance would love to see a post about DragonChain 👍
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Thanks so much for taking some time to do an update during the holidays. You were truly missed. Your kind help and generous contribution is very appreciated. Welcome back Haejin, wherever you may be in this world!!
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Nice to see you back bro. I enjoy your posts & will upvote as long as you are providing interesting content like you always seem to do here.
I don't understand this battle thats going for all the bitcoin in the world cuz I'm a noob here, but you seem like a guy who is a plus for this platform to me.
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Thank you @haejin ! We missed you! Can you give us a DGB update? It is one of my largest holdings and I’m wondering if it’s going to correct lower. Thanks and welcome back!
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welcome back friend
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Congratulations @haejin!
Your post was mentioned in the hit parade in the following categories:
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@Haejin - No visit to 9-10k range on BTC for double-bottom?
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@haejin can you update litecoin... it seems to be frozen
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verge verge verge please do verge
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Verge seems to be in a triangle, and a zig zag correction.
few cents from an amateur :)
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god im soooo happy to see you posting again. missed u much. hope everything is good haejin?
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quote of these last days could be:
"You are guaranteed to lose your investment if you sell at the bottom of a dip. If you hold, you have a chance for recovery."
be strong...
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GREAT
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great to see u bak!! i tried to assign u my steem power but it didnt work. which keys r we supposed to use
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is this impact of segwit2x on BTC today ?
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Nice for you to be back and appreciate @ranchorelaxo support. Thanks for the update as well on BTC. I'm a little bit skeptical about the analysis as I find the recent BTC price movement scary.
The way I look at this is a drop to below 10,000 which could confirm Novogratz's claim see here. Converted half of my holdings to Fiat to watch and see.
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Did the same. If not dropping, I'll buy back if the prices goes over 17-18k$. In that case I think correction is absolutly done. Not saying haejin is a little bit to much optimistic, but still can't see why we could not still being in a correction and why a C wave could not be coming, anyway it will go up after that ... But I think we maybe miss something only experienced technical analysts can see ...
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Can anobdy tell my why they hate so much @haejin cuz he makes money and learn others how to make ?
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wellcome back Haejin !!
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Well explained. BTC is once again towards sky.
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Thanks for this haejin and for continuing to post after these haters try to take you down. I follow you on all social platforms. Can you check out XVG for me I would greatly appreciate it!
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Thank You !!!
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Thank you!
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CAN YOU MARKUP EMBERCOIN (EMB) like everyone is hopping on it right away... News come out on the first... I believe in pure price action!
Can you mark it up please and thank you brother!
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HAPPY NEW YEAR Just became a HAEJIN NEW YEAR!
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Here we go again!
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Thanks for the shared insight!
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Welcome back @haejin, hope you had a nice holiday! I'm looking forward to your video analysis starting back up, I've learned so much watching your previous videos!
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Thank you so much for taking the time to post during the holidays, I really missed your daily updates, they are a morning routine along with my coffee, you are a wonderful teacher, I have learned so much with your tutorials and updates. Can't wait for tomorrow's video! So happy, thank you!
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Bitcoin's struggle is real this time, why do you think it took so long this time? Maybe because of CME?
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Dont miss another update from @Haejin
Anouncing @Haejin SMS notification service > https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Please resteem this post
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Thoughts on XVG?
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Yes, an update on XVG would be much appreciated!
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One of the tricky things regarding the employment of Elliot waves is how one views the scaling with respect to the wave magnitude. Super-positioning of the waves gives us the overall behavior, it's no different than reading the waves on a beach which are fractal like. Because of this I keep seeing big waves and we just reached the trough of the first wave. Don't forget the overall trend is up and because of this we can make the conjecture that what we are seeing is what is called a phase transition in statistical mechanics. My question is where will the mid-point and equilibrium positions be?
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My Morning Routine is back - I missed it sooooo much ! Thanks @haejin
Any thoughts on Vertcoin, i got it like three months ago and i don't see where it will be the next months ?
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i will vote for you. your pick is very important tome. please. give me your picks
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Good parties also to you MR LEE is a pleasure to review yourself and see your analysis.... there is always to learn.
can I make a request? Update on DOGE Dogecoin
the last one dates back to 14 days ago and you've centered fully on the price.... grandiose
graces
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U sure ? Looks bearish to me maybe even 8500?
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Thanks Mr. Lee!! My short term target matched this one almost exactly. Look at me learning .... or something...
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Welcome back!
On another note: do you think I should still hold BT2? There's was a moment I could have taken profit, but that passed, now I'm at a loss and fear I'll lose all the investment after today.
Thanks!
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As I said earlier in my comments ,“BTC will be in range of $17750 -$11300 till it will not break upward $17750. Now range getting narrowing from 16330-12500 levels. Now 13700 confirm in next 2-3 days. Before going upward for short covering, once it will touch low levels $12500 again.
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As always I'm learning a lot and everytime more and more facinated by how the Elliot Waves work. I plot it for the brazilian market, eventhough our paths are different, the destination is almost the same. Thank you for sharing your knowledge.
You've got my upvote, it's not much, but it's what I can do for now.
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Good to have you back.
I think just keep doing what u are doing, eventually tha flaggers will run out of steem
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@haejin could you please do a Verge update.......Blessings, so glad to see you back😇😇😇🙏🙏🙏
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If the higher high is'nt a A, but the top of a w5, could'nt we still be in a classic ABC correction, in that case we're at the end of the B, and C still have to come. Seems this correction was too fast, better be carefull before buying too much, better buy at 17-18k$ being sure the uptrends is on, than buying at 15k$ before a drop at 10k$. Just my advice, I'm certainly missing something here ...
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Appreciate your work and effort to help others
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@haejin
Glad you are back! I was just reading the books that you recommended. Thanks to @ranchorelaxo as well!
To New Beginnings and Massive Profits!
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One day I will buy you 1000 beers @haejin!
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upvoted......I to when @will12 was fairly new to this community sent him 50 steem....
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