Bitcoin (BTC) Morning Update: The Right Shoulder Completion is Next

in bitcoin •  7 years ago 

SUMMARY

Note: Tons more details in the video!

With the decisive breaching of the very resistant upper white trend line, I believe there are a couple probable pathways; both leading to the same destination...UP! The below chart shows that perhaps blue wave 5 is not yet complete. To this end, the abc red marks the correction the the blue subwaves provide the pathway to $11,327 or so.

The more bullish read is to say that all five blue waves are complete and so that means wave 1 (purple) of 3 of 3 is complete and wave 2 (purple) is nearly so, if not already. That means some serious orgasmic lunges upwards are to be had. More details in the video.

Longer term shows that the Right Shoulder is not yet complete and so price needs to breach the Neckline at $11,559 and onece that is complete, $13,157 would complete wave 1 of 3 of 3. So, there is much more to come!

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
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?

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Honorary stewards of Gondor and members of the congregation,
As all of you may know, we have a cave-troll in our midst.
Every hallway in our kingdom reeks of its feces.
Joyfully it defecates at least 10 times a day.
Into our very nostrils its stench reaches.
Nourishing itself with its own excrement.

I stand my ground firm beside you.
Shouting to the heavens that God delivers us.

A growing and troubling threat we have by the hour.
Now is when we must fight.

Are you ready for battle?
Should I blow the trumpet?
Shelter yourself O ye troll for thy flags cometh like a thief in the night.
Hold on to these words for they shall surely come to pass.
Overdue is your reward.
Low quality are your words.
Embrace your demise.

flagme.jpg


I am the true cryptogod!

My TA will bring you all riches. Fuck this imposter, I am the true leader.

Haejin sucks, so follow haejinsucks!

Everyone go look at my firecoin projections here

Increase from $1.76 to $2.27


Your mother was a hamster, and your father smelled of ELDEEEERRRRRR BERRRRIEEEEEEESSSSSSS!!!!!

isildur2bs2.jpg
elrondBS.jpg
gandalfysnpBS.jpg

Looks like they passed :)



Lyndsay, I am new to this space, and admittedly I don't fully understand how it works. Would you please tell me what motivates you to make posts like this one? Is there a financial reward? Honestly, I'm at a loss, because I don't see anything here but malice. Please educate me.

These evil disgusting trolls literally hate @haejin because they are filled with envy and greed and for the life of them can’t understand how someone as nice and smart haejin is is successful. So they would rather be like a crab and take him down with them than focus on trying to grow their followers. It’s disturbing and it’s nothing but hate for those people. If you notice Haejins follower count keeps rising because he is taking the high road and staying true to his followers and I admire him for that. It can’t be easy having people steal your rewards you rightfully earned but just keep up voting his content and the trolls will grow weak.

Take @haejin's advice for his followers, power up to give him bigger upvotes :) He wishes himself massive profits, and only you can help!

Lyndsay, my question is sincere. I read your description. You are an activist for the highest good in every cause. How do posts like the one above promote the highest good? Or did you mean it ironically? Will you clarify?

If you want to learn more, read this. Please, from this point on do your own homework. Information on this Quest is widely available.

https://steemit.com/abuse/@public-eye/why-the-beef-just-do-what-haejln-does

Thank you for responding, and for providing the link. Now I understand what's going on here. The issue is allocation of Steemit rewards, and what members do, or allegedly do, to secure a payout. For what it's worth, I think your cause would be better served if your Quest focused on your key belief, which is the inherent unfairness of the system, and/or the manner in which that system is abused. Regarding @haejin, specifically, my personal ethic would never allow me to accuse him of any impropriety without first having clear and convincing proof. Every human must be afforded that fundamental right. As you suggest, I will continue to do my homework.

  ·  7 years ago Reveal Comment

RACIST.jpg

Please show your support for @haejin by upvoting, leaving good comments, and upvoting other peoples comments that you find valuable!

These evil disgusting trolls literally hate @haejin because they are filled with envy and greed and for the life of them can’t understand how someone as nice and smart haejin is is successful.

So they would rather be like a crab and take him down with them than focus on trying to grow their followers.

It’s disturbing and it’s nothing but hate for those people. If you notice Haejins follower count keeps rising because he is taking the high road and staying true to his followers and I admire him for that.

It can’t be easy having people steal your rewards you rightfully earned but just keep up voting his content and the trolls will grow weak.

We love you Haejin and we appreciate the daily posts, stay strong bud!

Well said!

When will these start getting posted on Dtube?

🙏 61D134F9-9A68-4A9E-AA70-CBF830B282B2.jpeg

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Comment of the day :DDDD

I’ve never been so excited about shampoo before in my entire life. 😆

how do you add steem power?

Great question. I've done it, but i don't think I could explain it well. I will find a blog post tutorial and get back to you!

Could you please also get back to me with this? Appreciate it!

Here is how I did. Step by step.

https://imgur.com/a/KJ7mf

it's now in my wallet, what's next? not intuitive for someone with ADD. Thx

Here is one way. Probably the easiest.

https://steemit.com/blocktrades/@blocktrades/blocktrades-now-offering-steem-power-for-cryptocurrency

Another way is to purchase steem from an exchange (bittrex, binance, etc) and transfer it to your steem account.

The price of Steam is cheap right now. It might be a good time to consider buying this alt coin.

it's now in my wallet, what's next? not intuitive for someone with ADD. Thx

There should be a dropdown menu to click on in the wallet next to where it says steem. Click it and then select power up.

interesting, since BTC just dropped slightly below 10800 the more bullish outlook might come into play, just another reason to be excited for the weekend! :-)

I keep learning from your post on daily basis, please do not relent, you are doing a great job.

Thanks for the morning update for Bitcoin!

Thank you for your analysis, @haejin I really hope we can keep it going and you won't go private.

I upvote every time but I don't know how to downvote trolls, there's only upvote button, isn't it?

screenshot_19.png

With all due respect, I'm still skeptical @Haejin. I don't see the volume necessary to push through all of that overhead resistance ahead of us. I just think that this could end up becoming a problem.

https://steemit.com/bitcoin/@stew/hey-bulls-where-s-your-friend-volume-is-he-coming

Sir!
Your analysis is as always valuable and is an important coaching input to my own assessment and decision making. Thank you!

One humble request; is it possible that you can turn up the volume of your microphone or get closer to it. Over the recent weeks, your recording sound volume has become weak, and even with full power on my laptop it has today been rather difficult to follow your audio.

Lastly, a shame that the trolls are trying to disrupt your blogging.. other than adding steam power, how can we help flush them out and get rid of them like the rats they are?

Another great post! Keep up all of the great work, ignore the trolls.

  ·  7 years ago (edited)

What do you think about this style of price projection (It's the spaces between the Trend Based Fibonacci Extension, and the Fibonacci Projection.


Oh yes, i believe it's on a bullish trend... I just wish to it continues that way, even way up to $50,000... @haejin What do you think?

@haejin ......yes thats right ..One should consult with a financial or investment professional to determine what may be best for your individual needs.. i think no other than you can give better advice...

Could you please review Expanse? Never seen that on your list.

  ·  7 years ago (edited)

Thanks for the update @haejin. As much as there is much bullish sentiment about BTC, I've noticed an ascending wedge, which may signal a temporary dip (below). Leaving this here for the community to consider, as usual. Would love to hear your opinion as well:

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@haejin TRON $TRX Update?

Trons following the king BTC strap on and enjoy the ride!

Please continue your invaluable contribution to the crypto community.... and people, please keep upvoting!

If you go, they win. don't let the noise of others' opinions drown out your own inner voice. You are probably one of the best TA's out there. The trolls make you reach inside yourself so they are actually doing you a favor in a kind of way. Problems make you grow and in that way your adversity will become your advantage. I have experienced this first hand.

@haejin, I enjoy your morning updates very much. Thank you. Like many, I'm encouraged to see an uptrend forming. But I'm very hesitant to buy BTC because I know the HFT Bots aren't too far behind, and could wreck everything. Is my fear justified? Would your answer be a stop loss? Thank you.

Looking for breakout today?

bitcoin is the world gold coin steemit all users like and use it so it is a very nice post of my friends.

ahahahaaa a funny statement, but I got a little lesson on this post.

Epic bullish Haejin Lee, thank you. Have you noticed the rising wedge. Awareness of all possiblties is key.

Screen Shot 2018-03-02 at 17.30.02.png

i like your posts

We might still be in wave 2...this scenario would take us to more common 50% retracement level for wave one and also we would complete the bigger head and shoulder. If that's the scenario...let's pray for the 200 day moving average to hold! Capture.JPGCapture.JPG

Mr. Haejin. Thank you very much for your educational posts here and in Twitter.

flagme.jpg


I am the true cryptogod!

My TA will bring you all riches. Fuck this imposter, I am the true leader.

Haejin sucks, so follow haejinsucks!

Everyone go look at my firecoin projections here

Increase from $1.76 to $2.27


Your mother was a hamster, and your father smelled of ELDEEEERRRRRR BERRRRIEEEEEEESSSSSSS!!!!!

Dear @haejin

You have been flagged via the flag-a-bitch app. The reason is you have been found to be Raping the reward pool with a rate of around 2.133% of the reward fund. To add onto this, your TA's are so horrible that a simple check with a mock portfolio will provide a negative value.

The flag-a-bitch app is being used on you because of your consistent blattant abuse of steemit through means of: abusive self-upvoting, collusive coting groups, and disagreement on rewards. Since we deem that you have been damaging the steem economy, we flag you.

If you would like to help us out with our quest to fight abuse you can check out our post here.
Thank you!