SUMMARY
Bitcoin (BTC) has started to climb up again. The short term count shows the higher degree of trend (blue) composed of its subwaves (yellow and white). Currently, blue wave 3 is being worked on and the microwaves (yellow) jives well as its subwaves. Yellow 3 is also labeled with white waves and the current climb could finish it.
Do you recall the white W and the blue W bottom price pathway that was presented a few weeks ago? I believe the white W bottom is in play because a lower low was not achieved!. The double downward wedge on this daily chart is quite bullish. The blue degree of trend waves are actually subwaves to a higher degree wave 3 as shown below.
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Lots a short stops lie above $8,500. When we reach there we should see some firepower.
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What is the difference between these two?
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Could you look at IOTA again? It has moved a lot since your last post. Apparently a wallet is imminent.
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Price reacted to the sellers at $8500.
Lets see if the pattern below is correct, watch the pull back before the buyers take out the sellers.
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Thankyou Master Lee! Sending the love all the way from Australia!
Would love to request a chart for Appcoins (APPC) if you get a chance to add it to your list. It is moving up nicely.
Thanks again!
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Hoping I'm on the right track. Loving your tutorials too, thankyou!
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I hope the bitcoin stays that way and keeps going up.
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If it doesn''t rise above 8500, it will drop.
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There is strong resistance at $8500. If price fails to rise above it, I wouldn't be surprised if it dips temporarily below the blue line.
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A breakout above $8500 would send it close to $9500.
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I prefer a continuation of the breakout after another dip below 8000.
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You just may be getting your wish.
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Yeah, so far so good. Now, I expect it to drop below $7000 by tomorrow.
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thank you for your post.^^
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Thank you for your insightful analysis :-)
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Great post. Loved the way presented. Hope it keeps the trend , and hope big bull turn up comes soon :)
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Hey @haejin nice update again. You are genius man.
I would recommend you please add some nice footer in your post so that reader can easily follow you.
I have designed very nice footer here. Please let me know if anyone interested for it. I can design for you as well in exchange of little SP delegation.
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Haejin, what do you think of this?
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Different cryptosphere in 2018, surely. While this chart is a possibility, it's much more probable imo that we see a bounce into July (similar to the timing on the 2014 chart) and then a correction after that. How deep will depend on the height achieved prior to correction.
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the love all the way from Australia!
Would love to request a chart for appointments It is moving up nicely
Thanks for sharing...
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Floating up and down like life;) Don't you think BTC is overrated anyway? The idea of BTC was to create an alternative, not regulated crypto. I am afraid some large organisations will pump the bubble from time to time (like it was in Decemeber 2017) to discredit it.
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are you upvoting yourself with your other account @ranchorelaxo ???
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Thanks again for your analysis.
Would you mind running IOTA once more
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If the impulse plays out the way you've detailed we've got an Inverse H&S formation.
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I just wonder how long will it take people to realize that BTC is only going up.
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it wont be too long. another round end of 2018 will make people realise... hopefully
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... and @mikefromtheuk loves to make memes from his selfies. 😂
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