SUMMARY
Bitcoin (BTC) is trying to complete this minor decline towards blue wave c as shown in below chart. The bottom line needs to hold as support from decisive, downward breach. The red abc waves of blue c can be at a terminal stage.
Looking at it in the wedge form, the abcde (blue) waves also seem to be near complete. The decline today could potentially mark the blue e wave.
Closeup shows that the blue e wave subwaves haven't yet counted to five down; and the missing waves could look as shown in below chart. The bottom white line of the wedge needs to hold in order sustain this pattern's validity. Let's see what happens in the next few hours.
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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@haejin it help and timely.
Thanks. I voted you
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#Haejin does offer help with his MASTER COURSE WORK SESSIONS
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@thatbiggdogg I thanks you for sharing this valuable information. Thanks again friend.
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I wish you MAAAAAAASSSSSSIVVVE PROFITS!!
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Interesting take... The ABCDE looks valid to me. What do you think about my ABC that I've been holding on for a while?
https://steemit.com/bitcoin/@benkalashnikov/bitcoin-btc-analysis-update-just-being-honest
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I had something similar
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You guys are too optimistic. The lower low looks good, but I do not believe that it is going to bounce up to $15k.
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No detail in that BTC analysis. Just an ABCDE. Where is the data. What are the targets for long term
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I'm so worried...
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YOU SHOULD BE!!! @Haejin just wants your UPVOTES. He don't care if you make any money on Crypto.
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he did say the other day that the end of the correction, his primary count, was going to be at 8800 or so. today is a different story--much lower than previous primary count.
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He doesn't know which direction it will go. NO ONE DOES!!! You can flip a coin & have better results with what he provided on his blog.
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Can this be possible Haejin?
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What i have learnt in this correction is this, your own TA is the best TA. I have only been trading 3 months and even i know the next time a major correction happens what to do. Sell and wait. Yes patience is hard but masters like Haejin have learnt patience the hard way.
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So your helping Haejin promote his videos?
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That is technically possible, but that wave count seems unlikely as C is so much longer than A.
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that looks like what's going on right now
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Hacker Noon: Top 3 ICOs to keep an eye on this Spring
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nice tecnical analysis
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The post came in good time.
Thanks
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@Haejin just wants your UPVOTES.
He don't care if you make any money on Crypto.
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Looking at the chart I just realized it's going to be an exact reversal of the last 3 months. Check it out a large rise to to 20 k = large drop to 5.8k, med rise 16k = small drop to 9k and smaller large peak=current drop heading to 7kish for a impulsive rise to create inverse head and shoulders within a larger inverse pattern.
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HEY!!! #Haejin does offer help with his MASTER COURSE WORK SESSIONS
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If anyone has doubts about how Bitcoin works and altcoins for the vision of the economic cycles in economy is just to give a look:
https://steemit.com/bitcoin/@jean77jta55/explaining-bitcoin-and-altcoins-through-economic-cycles-in-economics
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Critical timing with this post, thank you!
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NO TIMEING just another post @Haejin has @RanchoRelaxo upvote him on to take more steemit rewards!! He just wants your UPVOTES. He don't care if you make any money on Crypto.
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Haejin Lee, can you post some of your long term holding on cryptos, I know its been awhile maybe you have something new that everyone in the steemit community would like to hear about. Thanks!
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Thank you
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YOU SHOULD THANK ME!!! I have provided you better info about things than he has!!! He just wants your UPVOTES. He don't care if you make any money on Crypto.
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I'm not so sure about the coins anymore. i guess at this point we will have to play it by ear. There is a Rule in trading "Some times the best trade you can make is the one that you don't make". I still got my Lambo tho :))
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Relax... come back in 5-6 months and you will be happy
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RELAX @Haejin just wants your UPVOTES.
He don't care if you make any money on Crypto.
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Thank you~!!!
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Thank you for this information, i always hope for the best for Bitcoin and other cryptos.
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The larger trend is still very bullish despite this correction. I look at now as an excellent time to buy more BTC (not alts til BTC starts to slow down on it's soon upward motion). Heajin's next all time high target for BTC is $31k...if you buy around 8k you can make 288% profit in a matter of months...and it will probably go significantly lower than 8k! BTC is on sale right now, that's how I see it. Still, the hardest thing to do is watch your previously invested money disappear...but it's not really "gone" until you cash out for less. When I started concentrating on watching the chart looking for the lowest price instead of my crypto wallet with shrinking funds, I started feeling a lot better. No funny, seriously tho.
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Coins mentioned in post:
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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 160.40 SBD, based on the pending payout at the time the data was extracted.
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