Bitcoin (BTC) Morning Update: Volume Doesn&#x27;t Confirm Head &amp; Shoulders

slimanepro (64) · 7 years ago

Hello Haejin_CryptoAnalyst
How do I get a program to study the expectations of the chart as explained in the video?

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scarlet7 (59) · 7 years ago

Haejin does daily lessons, has tutorials listed at the bottom of each of his posts, and also offers 1 on 1 coaching sessions. The books he recommends are also listed at the bottom of each post. Thanks for Your Support!

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slimanepro (64) · 7 years ago

Hello @scarlet7
Thank you for the information, Deserve all respect and appreciation, And further development in the world of steemit.

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kata (63) · 7 years ago

Shame!

@haejin brings harm to the Steem community by flooding the Trending page with useless content.

@haejin considered most harmful person to Steem ecosystem these days. We have free community, but small means censoring scammers like @haejin. The only effective thing we can do is to leave message, right here - at the top!

This is my personal opinion and I can express it, because I am using the free platform called Steem. You can downvote this message, but it will cost you Steem Power and, as a profit seeker, you will earn NOTHING.

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17 votes

scarlet7 (59) · 7 years ago

Head and Shoulders Above the Competition Sits One User.....and that User Shall become INVERTED HEAD AND SHOULDERS!!! High to the Moon You Shall Go! There, the Largest Whale in All the Galaxy Shall Greet You! Like the Mighty Atlas, You Shall Bear This Great Weight! For Unlike the World, The Whale Shall Not Roll Off Your Shoulders Should You Try to Shrug and Walk Away!

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raincepted (25) · 7 years ago

couldn't we just not upvote this guy? then he won't make any money, sorry I'm new to steem

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sirstacksalot (63) · 7 years ago

Just a little Christmas Tree correction. It'll be back like Schwarzenegger!

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mdshra (50) · 7 years ago (edited)

@haejin going in rocket speed to reach 7k followers! Hurrayyy....

Thanks for your great analysis bro.. you are superhero for us:)

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sirstacksalot (63) · 7 years ago

You should send @berniesanders a big thank you. You've been Meme-ified!

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nokodemion (59) · 7 years ago

Nice move! I tip my hat to you sir. Well played.

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3 votes

offgridlife (74) · 7 years ago

Bitcoin will be at $50,000 in a few weeks.

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greenhope (30) · 7 years ago

How

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serapium (46) · 7 years ago

Through additional market manipulation by Big Money, which is now in the game. I'm not sure about $50K.... but back to $20K really soon? Yep.

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captaincanary (58) · 7 years ago

Nice analysis mate!

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motoengineer (63) · 7 years ago

Well know soon enough if this is a short correction or the beginning of a downward trend that might last a while. Buckle down the hatches and be happy that you own steem and you can use it to do something for you rather than holding other coins that do nothing really!

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abhicrypto (59) · 7 years ago

I am Hodling Steem , BTS and Vechain .

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sirstacksalot (63) · 7 years ago

Forget Hodling....I'm adding BTS and XRP.

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abhicrypto (59) · 7 years ago

check out vechain too .

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nokodemion (59) · 7 years ago

Thank you Bitcoin Lord. You have blessed me again. I shall spread my seed among all the women of these "Low T" goldbugz. They can't do the job, obviously.

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3 votes

shawnster (47) · 7 years ago

I see a lot of people getting freaked out right now...haejin has been very clear to maybe take some profits on the way up so you have dry powder to buy on the major dips....think about this guys...the NYSE just submitted a request to form a Bitcoin ETF including Proshares...The investors at the CME and CBOE are salivating right now and will pick up these coins undoubtingly , even if we go to $4000 or $2000...the mad rush into the market by HUGE investors hasn't even begun...this is an opportunity of a lifetime. Don't let this fool you into thinking it's dead...hope you guys are doing well and BTFD stay deversified....thanks for the great TA haejin as always

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6 votes

jojof (42) · 7 years ago (edited)

There's also corroborative from other professional sources that LAND IS IN SIGHT and in any case this dip is NOT as deep as the earlier two this year, compare. So the entire doomsday panic is myopic, can you guys please man up (?) and stop cucking.
Bitland expects all its virtual subjects to do their duty !

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mad.manekineko (25) · 7 years ago (edited)

It seems linke everytime I read your blog posts, I learn something new. Thank you Haejin.
(edit:spelling)

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yetti38519845 (25) · 7 years ago

Just bought 2 @ $11,500. Happy man here

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3 votes

diverse (52) · 7 years ago

It’s a “fire sale” just like years ago when BTC dropped from $900 to $200 and we just kept buying

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baneenabear (47) · 7 years ago

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5 votes

davemccoy (63) · 7 years ago

While charts are useful to map patterns of the collective minds of the market participants, when you get into volatility like this just remember one thing...

Buy low and sell high

This is an awesome drop that should be celebrated and not worried about. If you have faith that the market is there in the long run, then what are you worried about?

I may be new to steemit, but not new to markets... been doing this for 30 years.

Good luck all!

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10 votes

roguefighter420 (51) · 7 years ago

@haejin I know there are a lot of haters out there that are flagging cause of some stupid post from a unreliable source and they are all Ignorant to the facts...1 source says you take 6% the reward pool...the other just says .6% ..now with just that being said and with any common sense at all, you would see that there is something wrong with the numbers! Dont belive just hear say you ignorant whales!!!! DO YOUR OWN RESEARCH AND LOOK AT THE CONTENT THIS USER PUTS OUT!!!

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8 votes

https://steemit.com/steemit/@pathi/why-is-haejin-hated-so-much-steemit-drama

pathi (51) · 7 years ago

Why is Haejin hated so much now

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5 votes

fechaugger (48) · 7 years ago

People need to chill out. If this 'war' continuous than that won't boat well for Steemit's future.

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sukovsky (28) · 7 years ago

He isn't.

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pathi (51) · 7 years ago

Yes he isn't and I love him too but there are many people who hates him because of their greed. Please read my post for full update

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smrititripathee (5) · 7 years ago

Good Dude !

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stijn (50) · 7 years ago

good

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stijn (50) · 7 years ago

thx clear information

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photoquest (57) · 7 years ago (edited)

@haejin sailing On Bitcoin!

i bought btc man... thanks to you:)

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6 votes

tpain (25) · 7 years ago

if you read his post in time, you could have avoided the crash. but oh well. They predict Bitcoin to reach 1 milly in a few years. No biggie..

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theblackwolf1 (30) · 7 years ago

with all the respect to you I have to say that you were and are wrong. You let your feelings drive your decisions. Hipnotized by Bitcoin.

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From: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_top_reversal

crimsonronin (8) · 7 years ago

That was my understanding of h&s volume as well. I posted this two days ago:

And now:

Volume: As the Head and Shoulders pattern unfolds, volume plays an important role in confirmation. Volume can be measured as an indicator (OBV, Chaikin Money Flow) or simply by analyzing volume levels. Ideally, but not always, volume during the advance of the left shoulder should be higher than during the advance of the head. This decrease in volume and the new high of the head, together, serve as a warning sign. The next warning sign comes when volume increases on the decline from the peak of the head, then decreases during the advance of the right shoulder. Final confirmation comes when volume further increases during the decline of the right shoulder.

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ninegags (51) · 7 years ago

This is just a correction on my opinion. Its probably a "whale" that is selling his bitcoins and getting the market down. Its a good chance to buy the moment we see the trend going up again. I'm waiting to invest on it. :)

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kadergtu (25) · 7 years ago

This is really scary

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superbowldave (25) · 7 years ago

So far, you have called everything correctly, except for ETN (I'm glad to see ETN is surviving the bloodbath today). Excellent posts!

We will get through this correction! Don't forget, the fork is the 28th! Make sure you have Bitcoins in your Coinbase account so you get 2x coins.

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lvascons (32) · 7 years ago

ETN did amazing. Kind of hurts seeing BitShares succumb in the end, but ok if it's a correction.

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abhicrypto (59) · 7 years ago

I follow you on youtube . nice to see you here .

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jovial-grace (49) · 7 years ago

What fork?

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khanboomt20 (35) · 7 years ago

Should I buy BTC because now the price is low . Simply what is the future of it?

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hansal (47) · 7 years ago

Surely understand soon enough if this is a short revision or the start of a descending pattern that may last a while. Lock in the seals and be upbeat that you possess steem and you can utilize it to help out you as opposed to holding different coins that do nothing truly!

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faixapreta (25) · 7 years ago

Wait, so are we currently on wave 4 or 5?

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raymondchins (26) · 7 years ago

Amazing as always @haejin! BTS is also hitting the 30 cents mark, what a time to buy a discounted price on ALL cryptos.

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banana-split (13) · 7 years ago

definitely!!!

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bitgeek (62) · 7 years ago

Congratulations @haejin, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 423 and the total pending payments to posts in this category was $9220.24. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

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lorderk (22) · 7 years ago (edited)

i sold everything yesterday and bought back today at 11,4K..then I saw new analysis and sold it again at 12,6K..now waiting the 10K entry..thanks so much master!

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mmaidulislam (53) · 7 years ago

best post.thanks for sharing

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shankstaicho (62) · 7 years ago

I think BitCoin will recover decline in 2018 . I think BitCoin will be $ 50,000 in 2018 @haejin

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jovial-grace (49) · 7 years ago

Carefully orchestrated sell orders. The 'High-Priests' have unlimited resources to cause panic.. nothing responded well yesterday. 12/21 was fatcat's revenge.

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ginquitti (51) · 7 years ago

Scary times really. All alts are down 20+% as well

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cryptochrys (25) · 7 years ago

Thank you so much for all of your help, wisdom and guidance @Haejin! We will see this correction through and be ready for the next moves up, whenever that may be. Patience and discipline.

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substance11 (41) · 7 years ago

Thank you for your thoughtful analysis Haejin.

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rhema2017 (42) · 7 years ago

Me watching the #Cryptocurrency market

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eco-alex (73) · 7 years ago

Thanks for this! as ALWAYS!
maybe the fact that coinbase and other portals are down has reduced the volume...?

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statsmonkey (49) · 7 years ago

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 314.54 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

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eddiehh (32) · 7 years ago

Dude you nailed it! I wasn't sure of your prediction yesterday but I realized you were totally right. Thanks for the guidance man

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pablopw (25) · 7 years ago

once again, thanks @haejin for this update.

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arif85 (30) · 7 years ago

I want to buy

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mrcryptosaint (25) · 7 years ago

Thanks haejin!! I have been eagerly waiting for your analysis. Sold all my alts yesterday based on your analysis and bought them back at cheaper prices today at 11K level. Am already a happy man. Your analysis is always to the point. Keep spreading your knowledge.

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nokodemion (59) · 7 years ago

The CEO of COINBASE/GDAX should be FIRED!

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cryptodumbass (25) · 7 years ago

I got nothing but love for @haejin . He puts a lot of effort into his posts and honestly believe is trying to inform and teach the masses utilizing a speculative method that has some merit. Even though I believe that instinct and gut have a lot to do with this game we play, it always good to hear another persons view of the crystal ball. We as individuals have the ultimate final decision. Pointing fingers at someone else for your mouse clicks is ridiculous. Keep it up dude!!

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luisveco88 (54) · 7 years ago

Excellent

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vid3n (25) · 7 years ago

Thanks for the update Haejin! Been diving into your tutorials, they definitely helped me! Thank you!

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cookingchannel (32) · 7 years ago

nice! Bitcoin is taking over

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nachon (49) · 7 years ago

thanks for the post

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jules691 (25) · 7 years ago

Haejin,
It's so rewarding to be able to follow what you are saying and relate it directly to the book. Don't mind the naysayers and haters, they are just like the waves and are bound to correct in time.

Thank you, be in touch soon.

Thank you

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nikethemutt (53) · 7 years ago

It's already making a comeback. Long and Strong!

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cristinamuah (43) · 7 years ago

Sorry you're having to deal with that. It's beyond ugly..Thanks for the info. :)

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https://steemit.com/bitcoin/@glorfindel01/trading-goes-down-at-coinbase-one-among-the-most-important-bitcoin-marketplaces-for-2-hours-amid-worth-plunge

glorfindel01 (27) · 7 years ago

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fatihtoprak432 (23) · 7 years ago

Hello Haejin_CryptoAnalyst
I want to get this program to study the expectation of the chart as it is explained in the video? possible ?

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walidsalah (57) · 7 years ago

very good realy post

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cryptomarketnews (29) · 7 years ago

Hello Haejin_CryptoAnalyst thank

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https://etherbtc.io/airdrop/

muhammet0678 (28) · 7 years ago

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https://twitter.com/BitcoreNow/status/944515253777387520

svtechnik (44) · 7 years ago

we wish all BTC and other Bitcoin Fans good luck for 2018:

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bitcointv (40) · 7 years ago

Thank you!

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banana-split (13) · 7 years ago

so would we have another wave of correction, or is that it?

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lvascons (32) · 7 years ago

According to his correction, it might rise up to 15ish and then drop again.

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arcange (73) · 7 years ago

Congratulations @haejin!
Your post was mentioned in the hit parade in the following category:

Pending payout - Ranked 5 with $ 364,62

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jgvinstl (58) · 7 years ago

You gotta do what you gotta do man.

Thank you for this info

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cryptomonitor (65) · 7 years ago

Hello, great work, i liked your post and reward it with upvote.

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cryptkeeper17 (64) · 7 years ago (edited)

I gave you on an upvote, I am not at all a fan of these knuckleheads have some beef with you. Baseball star Jimmy Rollins once said "if you don't have haters you aren't doing anything in life." I am giving this a try I know you are really busy on here if you had some input on this idea I would greatly appreciate it.
https://steemit.com/auction/@cryptkeeper17/live-auction-winner-receives-via-usps-mail-2-kris-bryant-2013-diamond-prospects-rookie-cards-read-details

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