Bitcoin (BTC) Mid-Day Update: Fractal Still in Progress

in bitcoin •  6 years ago 

SUMMARY

NOTE: To All my near 30k Followers, I STRONGLY DISCOURAGE the use of @promobot to promote any of your posts. He and @transisto have targeted my blogs for downvotes and are encouraging others to do the same. @promobot is doing what randowhale had...scamming by using delegated SP to wage personal downvote campaigns! Meanwhile, @transisto has been for a very long time and still is self upvoting his own comments using multiple accounts like there's no tomorrow! @transisto exemplifies the most ideal circle jerker!

I Recommend @upmewhale and @themoneytree!!

Bitcoin (BTC) still is tracking the fractal which was introduced earlier today. The yellow circles in the price highlight the dip below the lower trendlines. The MACD in this short term chart also could turn up (yellow circle). Let's see how the remainder of the day progresses.

The alternate count is quite similar to that of Ethereum (ETH). The ABC (red) correction could be that A and B are complete with the C wave still in progress. The blue impulse down of five waves represent the subwaves of red C. IF the non-volume confirmed H&S still plays out, the minimum price move (white vertical lines) could equal the bottom of red C.

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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@promobot is doing what randowhale had...scamming by using delegated SP to wage personal downvote campaigns!

Only 10% of that SP is delegated and the few people delegating to it are being compensated directly for the manual curation I'm doing with it.

Along with having a self-vote rate of about 30% I provided ~99.9% of the 31,435.77 USD worth of steem to @devfund from my vote.

I Recommend @upmewhale and @themoneytree!!

@themoneytree

@promobot

Sound financial advice as always.

https://steemit.com/abuse/@transisto/message-to-haejin-and-ranchorelaxo-flag-targets
Still waiting on a response to my comment.

I'm in talk with @fulltimegeek and a few others to agree to stop flagging should you upvote only 7-8 piece of content a day instead of the maximum of 10.

Did you ask @ranchorelaxo what he's thinking of this whole issue?

thank you

  ·  6 years ago (edited)

If a bot to which others delegate power is being used to wage a personal war, then obviously that delegated power is being abused! Maybe those who delegate it, do well to undelegate.

Because i don't see how they get returns from such an unwarranted action.

One of the diseases eating this platform, is the show of hypocrisy. Some people have self-appointed themselves to fight others while doing the exact or by effect, no different, a thing.

If you ask me, it is a big worry. I don't know when and how this whole uncalled for 'war' will come to an end. But obviously reason needs to prevail.

  ·  6 years ago (edited)

im done make article for analisys about bitcoin you can check in here https://steemit.com/trading/@bangkecol/is-this-the-momentum-for-the-positive-trit-of-bitcoin-and-the-end-of-the-negative-trend-lets-check-this-out

for long analysis i think bitcoin will be back to $20000 and more for make new resistance, in this wave bullish so powerfullU5dtbgDFzVVUgDWUk2b46wy1awaMuj3_1680x8400.png

Great article and very informative, thanks for sharing. I've smashed the upvote button for you!

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Completely agree with your primary count.

HS.png
What do you think about this pattern I posted the other day ?

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTCBitcoin8093.940$-0.37%17.87%
EOSEOS8.694$-0.13%33.74%
ETHEthereum513.681$-0.32%23.22%
WAVESWaves4.853$0.31%30.79%

buena suerte

Hi @haejin,
Thanks for the information on Bitcoin. I don’t understand all the terminology, but I am learning. What do you think about the use cases for Gin and Apollon coins creating nontechnical point and click masternode creation platforms?
Thanks

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