Bitcoin Gold (BTG): WXYXZ Combination

in bitcoin •  7 years ago 

SUMMARY

Bitcoin Gold (BTG) was requested for an update. Whenever price moves sideways, as you can see in the below chart, complex Elliott Wave correction is most likely. As price moves sideways, it eats time and that is quite amenable for the Altcoins which process corrections very, very slowly. I've labeled a triple combination wxyxz and its subwaves. Per the count, there is a lower low expected to complete wave 5 of c of Z at around $118 or so.

More can be learned about Combination Structures.

Legal Disclaimer: 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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Thank you very much for the update @Haejin! How about an update on BCH? Also, I dont think you have ever analyzed Z-Classic (ZCL)? They are on the cusp of some big changes with the metamorphosis to Bitcoin Private..

  ·  7 years ago (edited)

Can anyone recommend an alternative to Tether/USDT when I want to protect profits before a dip. I recently read that Tether was hacked for 31 million. What do you guys use that’s backed by USD and non-phasic with BTC

  ·  7 years ago Reveal Comment

btsUSD

We're getting killed out here BTG is going down the toilet

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olivers-wilde you are a fucking idiot. Leave steemit you douchbag shit factory that deserves to not be alive.

This account is for sale, for details go here

One time offer to shut me up for good or use this account how you see fit.
I am cashing out of steemit.

sure they will give you money.... go and learn to love something beneath money

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Thank Master Haejin!

F78AD5CA-A4DA-47ED-9611-2FB372247E12.jpeg

  ·  7 years ago Reveal Comment

Articles of this kind makes me stay in steemit....looking forward to read some more great articles like this from you, for that I will follow you....Keep it up...@haejin
cryptocurrencies are our future...

  ·  7 years ago Reveal Comment

Complex Corrections leading to missed directions...next stop...UP!

Thanks for your valuable and informative post about crypto,treding.It is a new message for all steemians.
We can gather a lot of information by your post.
By dint of we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks .

Your analysis are quite technical.

Great artical bro😎 I will upvote and resteem!!!
Thanks for sharing...
IMG_5312.PNG

Nice bitcoin update 👍👍👍

Muchas gracias por tus análisis

Thanks. Resteemed and Upvote !

I wonder if bitcoin gold will be good this 2018?

im following BTG for long term

I've been using Bitzfree to do some cloud mining of BTG. If you make a little investment in the hash rate. It does pay out. https://www.bitzfree.com/index.php?ref=Y2ZuZn11YXVhb2JjaW9AaWJtZ2ws

Great article!

helpful topic , thanks

I really like the idea of asic resistance, i just wish btg didnt have such a bad rep

Very cool. A little out of my price range.

I've been watching IOTA - A super great coin, that has been struggling because of some overhyped bad news while a lot of good news has been happening in the background.

I drew the lines and counted the waves and I'm thinking it will bottom at between 2.20 and 2.25. Seems lower than I would naturally think as that would test an established bottom at around 2.31, but what do you think?
I'm definitely going to buy in while it's under 2.50.

Thx for TA. Anyone wanna some free tokens via airdrop check my blog!

SO DO YOU REALLY INTERACT WITH COMMENTERS OR IS JUST BS

He interacts with people with intelligent responses and their own technical analyses. Not to shitposters with links to a crypto analysis elsewhere or responses to butthurt soyboys

A debt of gratitude is in order for your important and useful post about crypto,treding.It is another message for all steemians.

We can assemble a considerable measure of data by your post.

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I will dependably visit your site and sit tight for your up and coming post.

Much appreciated .

Please update ADA too

I see lines, @haejin sees a picture

Great

Is there a problem

This account is for sale, for details go here

One time offer to shut me up for good or use this account how you see fit.
I am cashing out of steemit.

good luck

Could we please get an update on DGB? tyty

excellent very valuable information! I invite you to visit my blog, where I leave analysis. Regards
https://steemit.com/bitcoin/@cryptomet/ubq-btc-60-profit-potential

Cool on bitcoin

Awesome!!

  ·  7 years ago (edited)

I enjoy your technical analysis. It is sometimes true and sometimes not. When it is not right, we cannot blame anybody, because the classic tools cannot predict the nonlinear behavior of investors. John Maynard Keynes who is a distinguished economist believes that people’s decisions are often based on whim, sentiment, or simple chance.
So we always should expect the unexpected!

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