SUMMARY
Bitcoin (BTC) price has breached the upper wedge line and is currently sitting on it as support. Price needs to impulse in a very clean five wave impulse. I believe overnight action will provide additional waves to be placed.
The below closeup shows that the five subwaves of the final red C of blue e can be considered complete as result of the breakout. The temporary piercing of the bottom line as white wave 5 produced the projected bull wick.
This is the log char with the long running support line which has held thus far and from which price bounced off of into the current rise. What is very interesting is the daily MACD. The 12 day moving average (white line) is curling upwards (blue circle). A bullish cross would be highly desirable.
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good to know this! hopefully this is the beginning of bull market
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Bull market will start in May.
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Hey!
Just wanted to know thoughts on this bullish scenario if it is to unravel over the next few days or so.
I know its a bit early to be calling all these bullish options but this Inverted H&S could look pretty legit...
Thanks!
https://steemit.com/bitcoin/@sourlemonball/btc-usd-bullish-scenario-or-inverted-h-and-s-19-3-18
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Hi! This is a intreting fact. Rigth now the price fund a resistences below the 8600ks. Do you think that can be a bull trap?
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@haejin can you post the bitcoin price at the time of posting? It doesn't require much effort and i'm sure all your followers would love that too.
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The price at time of analysis is on the chart, on the right side in red or green.
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The price of bitcoin changes every second. Are you that fucking lazy you can't look it up yourself?
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Forget about btc, how about that episode of the Walking Dead...what a battle between Rick and Negan! Upvote if you never miss an episode and are ready for the battle in the next episode!
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Used to love that show. Too much cliffhangers and the season breaks made me lose interest.
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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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flag 100% disagremant on rewared.
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Hodlers be like
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Hello, Can I resteem this post?
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Thanks for your great notification and will work accordingly. Thank You
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When comment spam backfires! Haha
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There you go, would probably be in a clear uptrend by May
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잘보고갑니다
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SAME MARRY....DIFFERENT HAT !!
OR FRACTALS......SAME THING...
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Sooo... When do we get Lambos?
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haejin is a donky......lol
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Nice work.
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Good work bitcoin future is very brighy i think bitcoin up to $20000
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bet you would have hesitated to say that yesterday.
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Bitcoin was at $20k 😛
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nice infoo. and great sharing ^^
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sorry if I bother you. But take a look at @sonpham1997 to update the cryptography chart every day. I'm sure it is very useful.
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Seen this way too many time in this correction. All of sudden instant pump and then quick 5 waves and then lower low. I do believe we are in long term downtrend. Last bull trend was 2 years wouldn’t be surprised if this correction lasts the entire year. Call me a sinner but it ain’t over.
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Update BitShares?
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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 125.78 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @haejin, this post is the forth 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 39 and the total pending payments to posts in these categories was $2031.59. To see the full list of highest paid posts across all accounts categories, click here.
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Price attempting to close above $8600 (yellow line) and break the daily trend line.
However, price met sell orders at $8500, knocking down price again. A good sign of a reversal would be if price closed above the daily trend line on the 4 hr chart...which is hasn't been down since 3/5/18 or at the $11600 level.
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