SUMMARY
NOTE: IF you can't see the blog because the haters have downvoted, please consider upvoting. The collective upvotes will help bring the blog post to being visible.
Note: The Video has tons more details!
Bitcoin (BTC) overnight price action completed the abc correction from the very first five wave impulse from the bottom. Price then started rising and has hit the resistance zone of $9,079. The purple subwaves show a second set of impulse waves and that's a very good sign of a continuing turn. IF the bottom is IN; this impulse needs to breach the $9,079 and then $10,305 levels.
There is a scenario of an ascending right triangle to form as shown below. That would also be quite bullish and declining volume confirms. The $9,079 level would act as the horizontal line of the ascending right triangle.
The larger degree of trend perspective is shown below. Since the genesis of Bitcoin, price has been working towards the $20k zone to complete the wave 1 and currently, we are working on wave 2. What happens after wave 2 is done? Wave 3 is next and this way is the most vigorous, energetic and violent in its way up! The coming wave 3 will be near vertical and a jaw dropping sight to behold! I've explained how and what could drive BTC to these levels of six figure price....liquidity shortage!
Legal Disclaimer: 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
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Rough times but thanks for updates. We all have opinions that we think are right, but in the end no one really knows what is going on, what will happen. But you do provide Bullish awareness...lol Which is always good.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It’s funny because it’s true!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why not upvote the comment you like so much, instead of yourself...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sooo true! And behind those guys is us, waiting to see if we buy or if we sell :)))
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
🔥120k🔥
🤯🤑🤮
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your artsy post looks like a Las Vegas slot machine result. You may need a few more of the flames and the dollar sign eyeball crazy faces:)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When it decides to makes it move it should breakout to new highs.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I made great buys yesterday. Now just sit back and enjoy the ride. Less fear of panic with info like this. Thanks Haejin!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's late ...... I lost again !!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No, there is still a lower low on the table...not yet out of the woods.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I beg you. Please coach.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just follow his tutorials and repeat until you understand them.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why beg. Just follow and learn!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the point is, prepare for the alternatives, don't put all your eggs in one basket. That is why he says ladder your ladders: create a ladder that fits the primary count but don't deploy all your assets there. create another ladder that fits the first alternate, and so on. Don't panic if all your ladders do not get filled.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@haejin how long till the lower low?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hopefully at a point where you got money to buy! if you got money now, just open buy orders around the lowest low, 7/19 of mine got triggered, so dont do just one big, do many little orders with some range between
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
377 votes are worth nil? Is this platform broken?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Update on BitShares, I think there is still one more wave down. Even if Bitcoins price takes off like Haejin wrote in this post, it could make the alts go down if people are trading from alts to bitcoin. Or it could go down from Bitcoins price not being out of the woods yet and go down to around $7k like Haejin mentioned from yesterday’s post. It’s crunch time so people are getting anxious for the price to boom so that’s why there are many opinions. I can’t see any other alternative for BitShares but if you can and you think my graph is wrong let me know I would appreciate it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nope, you're absolutely right. Except I would have counted it as a zig zag 5-3-5 and your count is a flat, but hey, who cares, same destination right? ;)
Target is $0.17 for BTS by the way on my counting.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh okay yeah a zig zag is probably right, either way they both end with 5 waves on the c wave. Looking forward to below $0.20, I will be very happy, I’ve been holding off buying more until wave c finishes.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's really helpfull that you offer multiple scenarios. As a beginner, it's not easy to keep a mind open enough to see all the possibilities. Thank you and hope you stop being downvoted (I don't really get that, by the way!).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As I said before just HODL and buy more!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are 100% right
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We gonna break out one day! Until then.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We'll all feel gay when Johnny comes marching home.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is my favorite version of this song. I have tried to find the name of the vocalist but I have had no luck. I would love to check out some of her other work if anyone knows her name?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thank you teacher for information :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Based on your previous post we are expecting a lower low. Is this still the case?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Been following your TA for a few weeks. Learned so much in the process. Thanks for all the insight!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sensei, Do we hodl BTC or Alts or a mix? I would think hodling 30% is a good idea.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thank you @haejin for information...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh Dear, I was keeping same cash to wait for another dip as you have predicted few hours ago. But look like $9.1K is breach. I am buying at market price after reading your analysis.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had rungs at 8750, 8500, 8250, and 8000; the 8750 has hit.
Reading towards the end of @haejin's post, I've set a TradingView alert at 10,300; if it breaches that, I'll close the rungs and buy back in at a loss:
This is my first TradingView alert; I set it up to SMS my phone. Now, I need to research putting TradingView on my phone (they likely have an Android app). Good luck to you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great analysis, Ive had this same outlook for a couple of weeks now. Just hope the bleeding stops soon. Upvoted !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh really ? Thank you for the information :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There is still lot of panic in market people are selling their portfolio right left and centre
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for your analysis, let's hope that bitcoin does not continue to fall and already change to a more bullish trend, although it is a good opportunity to buy a bit more bitcoin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It can and that could be $6,700 or so. The key is to ladder your buy ladders to buy these lower lows if they happen.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree you have to stagger the entrance 8000 dollars is a good price to enter but if it goes down it would be good to buy more that is the interesting thing of staggering the entrance
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm having the same issues with TradingView..i can't place tools anywhere without it jumping all over the frigen place...really annoying
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the insight sensie
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haejin this video is what everyone wants to hear... its is SUPERMAN BULLISH. But i would like to take you back to the video you did about the graph of Bitcoin you have on the wall.... the ultimate picture. Are you dismissing that entirely?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hm...it seems everyone is cheering about the up up up posting. however, didn't he said it would go down to 6500 to complete wave E? he seems to present both up and down ways always...to prevent any fail. Well, one could say he is simply reading the chart... Does anyone concern about the Tether situation? there will be hearing on 6th...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
what exactly is the hearing going to cover? I recommend whenever possible to use bitUSD. you can do this on the Bitshares dex, but ideally it gets listed on other exchanges. I have a healthy distrust of Tether, but if there is a general loss of confidence, I could see that as triggering huge demand for bitUSD, bitCNY and other bit assets, and therefore an explosion in BTS demand.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you, Haejin. Have a good weekend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think waves 3 and 5 could be less impulsive as Haejin draws and not breaking the upper resistance. If it breaks resistance, great we probably ended the crash but if not we may go to lower lows.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You initially said e was not done yet and would have another leg down to finish the wedge pattern. I am confused why all of sudden you stopped talking about that scenario. And now calling correction to be over. It seems to be falling original pattern still. I would always prefer alternate counts as well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post. So informative. I upvoted you bro
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So it looks you are now more inclined that bottom was already in?
If anyone want some free coins via airdrop check my blog.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@Haejin, try a different browser. If it works, upgrade/reinstall normal browser.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
HAEJIN TRADING VIEW UPDATE.
I have noticed that it depends on the BTC/CHART you are on. For me today BTC/USD is similar to you but BTC/GBP is perfect. Of course slighty difference sentiment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Green seas are on the way. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What do you think of the MACDs 1 week period that crossed for the first time in this bull market? Doesn't it look like a trend reversal?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks! Always appreciate your opinion :)
A bit worried because I lost chance to buy this time, but I hope there is one more chance comes again.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Expect the bitcoin to reach six figures.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As you can read on my Analysis the 5th long term wave will start soon.
https://steemit.com/bitcoin/@vonbuelo/btc-the-final-shake-down-or-shake-out
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What are you flagging for?? I am new here; I couldn't understand..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
he is just a little boy, full of hate, asking for attention
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'll gladly laugh all the way to the bank while you remain a skeptic. The blockchain technology that unlays all of the cryptos is revolutionary and will change the world.
Read about the businesses behind some of the cryptos. The use as money is only the one that is assumed and the ignorant media presents.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks Haejin!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like Philakone, but please don't advertise on my blog!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hang on a minute! I don't advertise anything! I'm making reference to a chart towards the end of the video that is similar to yours?? Please do not accuse me of advertising it is offensive.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh yes forgive me, I thought it might be information is to be useful I will editing his reply me, I wouldn’t repeat it again
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
watching video, excellent.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Watched full video. Amazing. But your prediction of 7916 is clearly wrong as it has already hit $7600????
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.
P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Aww so cute that you think I care @berniesanders bot! Also have been vehemently against Haejin. Try getting your bot to read posts before responding! :) Ohh and feel free to eat shit also. :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
All the haters are out down voting again. They are now up to 14. For absolutely no reason accept to control anyone from good feedback for haejin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit