SUMMARY
And Bitcoin (BTC) has DECISIVELY breached the upper trend line!! This is EXACTLY what was needed to generate the onset of the next set of impulse waves UP! The $11,011 was easily met and surpassed. The $11,133 should also represent an easy target. The wave 3 of 3 FIREWORKS is just getting started.
Here is the revised Bullish Inverted Head & Shoulders pattern. Once price exceeds $11,559; the Right Shoulder can be considered complete. Once price stays above that price and starts climbing higher, the pattern would be considered confirmed! The next targets after that would be $12,306 for wave 3 and $13,157 for wave 5. Today was a VERY IMPRESSIVE price rally day!
IF the minimum price move for this Bullish Inverted Head & Shoulders (BIHS) is reached, that would be at $17,655!! After that would be All Time New Highs.
And so, a new Bull Trend starts with a breakout!!
On the Big Picture perspecitve, wave 2 at a Cycle Degree of Trend has ended. A new round of seismic, orgasmic bull lunges upwards is not too far away.
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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17,655 would be fireworks indeed
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A rising bitcoin will be good for all the altcoins.
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72K :O)
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Looks like the bottom is in and we may be heading for new highs.
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@Haejin is overrated.
Check Phil out and decide yourself.
https://steemit.com/@philakonecrypto
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Phil recommends following @haejin as well. Phil is a day trader @haejin is not. Both are good at what they do.
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Bit Coin will surely hit 100 K in 3 years Mark my words :)
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Congratulations @haejin, this post is the second 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 34 and the total pending payments to posts in these categories was $1970.35. To see the full list of highest paid posts across all accounts categories, click here.
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Nice post
https://steemit.com/busy/@hwa2ting/5pywm6
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Thanks for sharing your analysis , BTW would u suggest to convert usdt to BTC at current level ?
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12k.....14k.....17k....?
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I think it's going to be a nice March!
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I post good quality memes, to entertain The Whole Community, check my timeline!!!
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Thanks for information
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I wanted to inform you a bit about Bitcoin Bitcoin is totally immaterial. The possession of bitcoins can only be expressed immaterially by sequences of numbers and letters that are in a wallet. Portfolios consist of addresses to receive bitcoins. Each wallet holds a certain amount of bitcoins which is searchable by everyone on the block chain. On the other hand the emission of bitcoin requires the private key coupled with the public key which serves as address. The keys can be stored in any way (USB, CD, paper, head ...) because of their nature which is a series of numbers and letters. Many software with user interfaces exist for a multitude of media that's all for now but I will continue
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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 209.45 SBD, based on the pending payout at the time the data was extracted.
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Super good bt
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The moment we all have been waiting for. Is BTC going up or down? Well it's anyone game right now. I see 2 short term possibilities here.
Option 1 We go UP
BTC reaches the square up on top at $11 500 and if it continues and break $12 000 then we're probably going into a bullish market.
Option 2 We go DOWN
BTC goes to square up below and retest that level at $9 500 and then if it continues and break that level we're looking at a FAST drop to $8 700.
Trade btc and altcoins here: http://bit.ly/binance_exchange_altcoins
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Please keep upvoting and commenting to show your support.
If the haters win then they will seek to control what everyones blog is worth. They will drive all the good content creators (including @haejin) away. If that happens steemit is doomed.
The good news is that there are way more of us than them. All we have to do is keep upvoting and commenting and they will be drained of their power.
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I post good quality memes, to entertain The Whole Community, check my timeline!!!
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This post is very good !!!
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Thx:)
Resteeeem!!!
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@haejin
Thanks
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Sickening...who talks like this?
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You greasy bitch
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For me, the next intermediate impulse will take us to the 12500 dollars, and according to my analysis once the price exceeds $ 11,700; The right shoulder can be considered complete. I agree that we should expect a large bullish candlestick to confirm the inverted shoulder head shoulder figure.
Possible intermediate target 12.500 dollars at the end of 5 waves lower grade. Then come a correction of less intensity than the previous one.
We will see if wave 5 of minor grade can drill the resistance line of 11.700 dollars. If possible and with a large bullish candle would confirm the inverted shoulder head shoulder that is still valid and targets 18.000 dollars.
Another possibility is that the minor degree wave 5 does not perforate the resistance line, and the bitcoin will fluctuate in a lateral band until it gains momentum.
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I just received 15 negative votes and I do not understand and I do not agree, it's unfair
I want to use this Steem channel to contribute ideas and debate them among all, but it seems to be only a one-way channel if the ideas and contributions of others are not supported by the votes.
Giving your positive vote costs nothing and helps others grow.
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Just keep on contributing. There are deplorable people out their who are jealous of Haejins success. They try to hurt him and anyone who contributes to his success.
There are 25k followers of haejins blog. If we all keep upvoting and commenting then it will sting in the short term, but in the longterm they will fail.
Ignore the downvotes, comment, and upvote other good comments!
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