Bitcoin (BTC) Mid-Day Update: On Track to $10,726

in bitcoin •  7 years ago  (edited)

SUMMARY

This morning update had blue wave 3 and 4 and price seemed to be putting in wave 5. It was indicated how unlikey it would be for this current rise to decisively breach the upper white trend line.

The blue Elliott Waves have been slightly updated to show that waves 3 and 4 are now in and 5 should tage the $10,726 or briefly pierce the white line.

Here is how the Inverse Head & Shoulders fits into the larger white upper trend line. The white trend line and the blue Neckline both pose as resistance points. This is why the current rise is unlikely to bust through both of these lines. The blue arrow line shows a potential pathway and represents wave 3 of 3 which is the only wave with enough strength to move it upwards past the resistances.

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
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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You're taking too much room on these tags, #bitcoin #money #cryptocurrency #blockchain #altcoins

Please use #haejin, #cryptoTA or #else.

  ·  7 years ago Reveal Comment

Spam is discouraged by the community, including comment spam.

Tips to avoid being flagged

Thank You! ⚜

Anybody doubting @haejin's global reputation and brand?

Listen to this, video found and posted by @johndogett ,where @haejin is mentioned and acknowledged at 55:20 minutes.

The man @haejin is just good, and i (we) are proud to learn from him

I arrived at Steemit by one reason only; to learn Elliot Waves from the one acknowledged best at this.

I've been trading for a (very) long time. Elliot waves and similar analysis is going to help you gain structure, but beyond it, anything that has you creating a series of if, then statements on your charts is overall very (putting it lightly) tough on discretion.

have you found anyone good to learn Elliot Wave from? Pls share

I traded quite a bit stocks years ago, but a family crisis turned my life upside down and I had to ease down the stress.

Back then I never tried to understand TA, but traded on gut feeling and fundamentals. With all the fud and hype in crypto that is no good combo... Made a lot last year but mostly because the bull market we had and a few good trades.

Came here in december and started studying, and have made few but mostly successful trades because learning the alternatives in EW made me able to stand off all the distractions better. I have also made me a habit of not to trade all in all out.

True true, it has helped me gain structure 👍

And learn you will, from the best! Thanks @thedolphin

  ·  7 years ago Reveal Comment

Oh, I have a lot of group with crowded members.
Please coctact me to discuss about your post

Which nonsense is this? If i had enough SP i would downvote you to negatives!

If i had enough SP i would downvote you to negatives!

Keep your hallucination on fire!

Who is this?

lmao, free coins whats not to like?

Stop self-promoting yourself o someone' else blog, if you want to do that, at least engage and discuss the post., not also posting your own stuff. Please don't do it again. I am removing my small flag.

My kids see a doggy and handle
Screen Shot 2018-02-27 at 4.35.43 PM.png

good one lol

The price of the peak (wave 5 of 5) is wrong. it is positioned at 11.000,- and not at 10.726,- ... or do i get something wrong here?
I would say 5 is already in and we are in the ABC now​.

That’s what I was thinking, I think it hit a little over 10,800 already. Either way, we know what Haejin means. Thanks @haejin

  ·  7 years ago Reveal Comment

look my prediction

It's 10 thousand 7 hundred and twenty-six. The comma isn't a decimal.

right shoulder forming...

  ·  7 years ago Reveal Comment

You could not be any dumber

I do not see a good buy signal yet.

I think he meant to say 10.926$ instead 10.726$. I think is from the cursor-mouse problem.

Good post sir i really live this particular update

  ·  7 years ago Reveal Comment

It has already reached $10,888 a few hours ago on Bitfinex.

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 209.10 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

Hey @haejin, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! :)

Time to ladder in INC

look my prediction if you like :-9

i can't see any of the pics again even though I upvote you! to be honest all this drama makes me weary of steemit but i will persevere for you Haejin

Scroll to the bottom of the post and click the show images button on the right.

  ·  7 years ago Reveal Comment

Don't worry @naomi88, in less than an hour those images will clearly show.

Thanks for sharing your update

I know nothing about technical analysis but it looks better than the majority I've seen.

  ·  7 years ago (edited)

You arr repeatedly posting these same comment.....Please delve more into the discussion in this important blog, lest they think you are a spammer.

You edited and revised your comment! That is good! This one is okay.

You arr repeatedly posting these same comment.....Please delve more into the discussion in this important blog, lest they think you are a spammer.

Says the donkey who got caught by @cheetah for copy-pasting similar guff. The hypocrisy will make your head spin.

Let me expose your stupidity behind your self-aggrandizement. This is just the beginning!

Very useful. Thank pro

I'll just say, why would anyone who is so incredibly talented at wave analysis and well-respected in the crypto community need to work with international criminal organizations? Don't worry @haejin, no one with half a brain is buying that BS.

nice info, litecoin is another potential cryptocurrency

@haejin can you give me your opinion on these chartsScreen Shot 2018-02-27 at 9.14.10 PM.pngScreen Shot 2018-02-27 at 9.32.06 PM.png

thank you for the analysis!

  ·  7 years ago Reveal Comment

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 40 and the total pending payments to posts in these categories was $2917.15. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Hi @haejin,

It seems you got a $9.1783 upvote from @bcc at the last minute before the payout. (19.16h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

Hi @haejin,

It seems you got a $8.476 upvote from @btu at the last minute before the payout. (19.15h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

Hi @haejin,

It seems you got a $31.5631 upvote from @done at the last minute before the payout. (19.16h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

  ·  7 years ago (edited)Reveal Comment

Haven't you been downvoted into oblivion yet?

Here, I'll help.

hahahahah....soon she/he @emmajoy will be buried in negatives, with no chance to resurrect, not even as a ghost!.

Which is probably where she/he belongs. I mean, i have tried to talk sense to her/him but to naught, now i share the same opinion that she is better off being buried.

But at any rate, she will soon give up the spamming. Their kind always does. Negative energy finally runs out!

  ·  7 years ago Reveal Comment
  ·  7 years ago (edited)

Please take my olive branch!

Call a cease, and we shall agree to keep your account from crossing to negatives, please.

You can i see i started warning you when your account was in reputation around 30, now you are on 0.

  ·  7 years ago Reveal Comment

Now even the @bernie's are flagging you!! You are a pariah! What are you going to do?

Let me again give you a way out before you are burried so deep, that even your ghost won't make it out, take my olive branch, cease fire, not that you are burning anything or anyone, but at least stop firing your weak shots!

  ·  7 years ago Reveal Comment

Start....then we shall get to know that account and .....well, you know what happens to such accounts!!! Like this one, you will be staring down negatives!

  ·  7 years ago Reveal Comment

After 35 minutes what does your post there have to show? Now you are becoming pathetic, honestly, and honestly! I never come this far in dismissing someone. I have even oferred you an olive branch. calm down, breath a little and talk sense...

call a truce, we can always convince @haejin to upvote and resurrect your reputation, otherwise, with even $0.01 minnows now having the power in their downvote over you, your account will soon sink to negatives, and into oblivion.

You still have a chance to save it....calla truce, friend.

Meanwhile, watch this:-

Anybody doubting @haejin's global reputation and brand?

Listen to this, video found and posted by @johndogett ,where @haejin is mentioned and acknowledged at 55:20 minutes.

The man @haejin is just good, and i (we) are proud to learn from him