Bitcoin (BTC) Morning Update: Waves 1,2,3 Complete

in bitcoin •  7 years ago 

SUMMARY

Bitcoin (BTC) hit the $9k target as projected in yesterday's post and that completed the wave 3 (white) of the five impulse sequence. The blue waves are the subwaves of the white wave 3 and seem complete. Recall that waves 1,3,5 always have five subwaves as they are the actionary type. Waves 2 and 4 are reactionary and have 34 possibilities in corrective sequence. We could try and use the rule of alternation between 2 and 4 but Cryptos don't adhere to that very well. So, let's see how wave 4 pans out; but it'll likely be a minor correction as wave 4s never retrace deeply because it can't overlap with the peak of wave 1.

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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BTC will hit $100k by year end!

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BTC TO THE MOOOOOON!!

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Video doesnt work

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very soon we will be on the moon bro :-)

  ·  7 years ago Reveal Comment

why bro? :-)

I like the writing of your article is very interesting people to comment on your article ,,,
I want tips and tricks from you ,, please help

  ·  7 years ago Reveal Comment

thanks for coments

thank you

Brother muy buena esa foto...

  ·  7 years ago Reveal Comment

you fucking idiot stop flagging everyone. You downvote all comments regardless of their content

He must be stopped!

  ·  7 years ago Reveal Comment
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I am not sure about BTC (Bullish)yet. Chart will never let us know about the future movement of the market.yet, we can just assume about it from the graphical analysis. Sometimes it will follow the chart pattern or may just ignore all them to pursue about current market situation. Which is depend on the demand and the supply.

  ·  7 years ago Reveal Comment

Today I finally finished my automated Bitcoin post, which will be updated daily. You guys might want to check it out.

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I am considering a weekly equilibrium pattern.
Screen Shot 2018-04-21 at 7.30.25 AM-1.png

  ·  7 years ago Reveal Comment

Technical analysis should only be thought of as possibilities, not predicting the future. There are always two scenarios, one goes up and one goes down. How you react to the price movements and lowering risk to reward over time is how to win more trades than you lose.

thank you

  ·  7 years ago Reveal Comment
  ·  7 years ago (edited)

hmm. i see no point in taking you serious. the way you write about things doesnt seem attractive sorry

Nice update Haejin!

  ·  7 years ago Reveal Comment

Video no available.....

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Is it time? @haejin

  ·  7 years ago Reveal Comment

Saludos eso si esta bueno, super interesante. lo felicito.

  ·  7 years ago Reveal Comment

Please my comment upvote.

Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.

Your Reputation Could be a Tasty Snack with the Wrong Comment!

Thank You! ⚜

  ·  7 years ago Reveal Comment

Wtf