SUMMARY
Now is NOT the time to be taking new BUYING actions, but rather PROFIT SELLING actions. The below chart of just the MACD is very foreboding. Yes, the MACD could reach higher and touch the upper boundary of its broadening pattern. But is the risk to reward worth it?
The below chart shows an upward wedge pattern that is either complete or near complete. This thing can turn down any moment. Placing effective stops would be very advisable.
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: 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.**
Monero is going to POP soon!
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Could you also analyze ETH and LTC at your convenience? Thanks!
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ETH same as last analysis, no change.
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Hey haejin did you hear of the view that segwitx2. Could be a banker takeover ?
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Imagine that!
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Sorry about issues you have had. I thought it was my personality acting out. You have nothing to do with my issues and the one from Texas. I blocked him from further contact. I don’t like to be ridiculed for nothing. Keep up the excellent work. ❤️🐈🐾
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Hi haejin,
I mention your analyses in my blog:
https://steemit.com/bqx/@ennnzai/bitquence-bqx-projection-short-term-target-4-244
Your feedback would mean a lot.
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I think I'm seeing H&S on 1hr chart+MACD. Symmetry is off. So is it really a valid H&S? I do believe there could be another ATH before or right after the BTCGold fork. Does TA say it's probable?
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Yes, it could give the downside to touch the lower support line
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https://www.tradingview.com/x/bwNUvcZS/
what do you think @haejin?
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Nice! Can you count label the rest?
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i can try at least... i am at the very beginning of learning the waves... appreciate your input very much... love your work @haejin !
https://www.tradingview.com/x/F1dMoK0z/
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hey Haejin, if I wanted to get BTC for the fork on the 25th.... if I buy it on HITBTC didnt you say we need the have BTC with the last 24hours before the fork takes place?
how would that work??
Let says BTCG is being credited at noon on the 25th.... If i sell my BTC on the 24th at like 10 PM would I still get credit for the BTC I sold?
Lastly, would you recommend someone buy BTC before the fork and sell it right after?
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That was for the las BCH fork. Please verify with your exchange. The buy sell are self decisions...sorry, I can't make.
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Thank you @haejin I am glad to follow you. Your articles are always very informative and useful to me. I wish you good luck and many success
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Very glad it's helping!
I wish you MASSIVE profits!
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https://steemit.com/bitcoin/@spiftheninja/alert-segwit2x-is-controlled-by-the-banksters-the-plot-thickens-look-at-this-evidence
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Thank you I wish you the same!
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Love the analysis and have been following your posts for some time. How do you see the Bitcoin fork playing out in the next few days?
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not sure, TA says it's topping.
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can please do one for swarm city and metal?
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Thank you!
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Haejin,
im not familiar with how the fork will work ..-BTG
i already sold all my BTC, thinking of getting back in but dont want to hold btc for long
because i can see it collapsing..
whats your strategy ?
i have a trezor and i already know at some point they will make it available , but i also read not to transfer btc during the forks ...
what are you doing ? dont have much time ..
thx
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no such thing as free money$$$
people will loose more holding BTC threw this fork than BTG will be worth
did the right thing selling at 6100
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Dude, I am with you 100%. I'm here holding my usd from selling btc at 6100 as well. Meanwhile i'm reading all about the fork and which exchanges support it and which do not and I'm just getting a bad feeling about the whole thing. I believe you have hit it! I also feel some of the exchanges may get bogged down somehow AFTER the fork, with everyone trying to cash out, that people may be stuck holding btc as the bottom falls out. I don't know what will happen but I know I'm staying OUT of it, no matter how hard FOMO hits! See you on the other side my friend.
:)
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I read on a post that BTG futures is going for $140 ,
so far we made the right choice ...
I will participate for the Segwit 2X fork ,
85% of miners are supporting it last I read
and all the major exchanges ,
some even calling it the real BTC ...
so its not one to miss because we can see a shift ...
hoping to get back in around $5400..
good luck friend ;)
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Thanks man, good luck to you too. I'm waiting until 5400 as well, just want to make sure it bounces off that support first...
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Now is NOT the time to be taking new BUYING actions, but rather PROFIT SELLING actions.
Sir, this only implies to Bitcoin right? other analysis are still valid?
I know its a dumb question but wanted to make sure
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A request for MONA analysis please? Thank you @Haejin!
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Here is the Monda update, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/mona-coin-mona-is-correcting-after-completing-five-waves-up-how-deep-could-be-the-correction
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Thank you so much @Haejin!! I see that tonight MONA rose to very close to the top resistance line in your symmetric triangle. If it breaches that top line decisively I assume it will continue bullish tracking vs the prediction of another wave down toward $1?
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