The TREE COUNT for Shorter Term Traders:
The symmetrical abc is expected to be complete given the five distinct subwaves for wave C down. Price had also breached the upper blue line. The blue impulse waves is showing tha wave 1 could be complete while wave 2 is still in the works.
The correction has been labeled as an expanded flat where wave B is higher than the start of wave A. The three wavish nature of these two corrective waves is also completed by five impulse waves down. The key outlook is to determine if price action can reverse to the upside.
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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I believe after march things will be better
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#BTC continued its decline and is now trading near the $ 9800 mark.
There is a possibility that the cue chart, like all crypto currencies, formed the "bubble blow off" scheme. This has already been two times: a fall from $ 32 to $ 2 in 2011, and a fall from $ 1175 to $ 230 in 2014.
Now 2018 and I'm guessing blowing from $ 20,000 into the $ 4000-5000 zone. Yes, there is a future for bitcoins, but realities at the moment are not the most positive. As they say, everything is cyclical. And now. The market punishes the weak and greedy players.
From a technical point of view, the trend is still downward, the trend line is not broken, and therefore further decline looks very logical.
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Hence the criticality of the price juncture.
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You dummies still fall for this fake prediction crap?!
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People are starting to realise that TA is bullchit for crypto, everyone was predicting 20k bitcoin 1 week ago. Now everyone thinks were headed to 8k again.
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Haejin has tutorials on TA; I used them to create this forecast that has been spot on and has allowed me to profit (knowing price pathways)
There is no crap, it's only crap in the eye of a fool.
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@haejin, this is a nice post from you. I mentioned you in one of my post and I really need you to check it out and your comment is highly needed. Thanks so much. #Peace
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@haejin thank for your regular updates on different cryptos, could you please explain why do you use USDT/USD in some charts (BTS and ENG) whereas BTS in others (ADA, TRX etc)? Also wouldn't charts be significantly different if we were to plot them against BTC or vice versa.
Sorry if this is a noob question, still trying to learn.
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I am always humbled and captivated by your sound and vivid explanations about cryptocurrencies.
This always makes me wonder, if I would reach that expert level in cryptos.
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@Haejin Sir,, How do you think about Cardano recently?..
Is it going downwards?
I'm so worried about ADA thesedays..
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Great job @haejin Please what do you think of the Petro Dollar (XPD) introduced by the Venezuelan government as an alternative legal tender in the oil-rich economy. Though, I did a small research on the coin (posted it on my page) But considering the opposition's resistance and all, do you think its a buy or not?
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yes i think and believe after march things will be better. this fake prediction crap?!
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Bullish is the next move looks like?
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Need some help with how to trade the stocks. Anyone with great info?
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Don't miss out on you free cryptos! join now and receive free cryptos for joining! https://discord.gg/thru4CE https://discord.gg/xetDXkf
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i hope it will make bigger
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Beberapa tahun terakhir ini telah menyaksikan sebuah revolusi finansial dengan datangnya sektor kripto-mata uang. Revolusi ini telah melihat harga kripto yang mengalir seperti Bitcoin yang naik setinggi $ 20.000 pada satu titik yang berasal dari komoditas yang pernah bernilai beberapa dolar.
Namun, penting bahwa Anda memahami pasar ini, terutama mengenai cara operasinya dan jenis perdagangan yang dapat ditentukan untuk menentukan jalan Anda di pasar.
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wow it's really amazing post
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This is awesome @haejin! Very helpful especially to use new here in steemit! more powers! i hope to see more from your posts. :)
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Awesome, I may have to keep an eye on this coin.
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Please please please my vote my ID @mohabat
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Congratulations @haejin, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 40 and the total pending payments to posts in these categories was $3821.79. To see the full list of highest paid posts across all accounts categories, click here.
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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 212.96 SBD, based on the pending payout at the time the data was extracted.
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Nice i ll get into it but @haejin wt abt the person who downvotes to u through bots he do same to my all post where can i complain abt him?
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Wow very beautiful and fantastic money post
I like your work in steemit life and I follow u thanks for sharing
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I thing its very difficult okey lets see
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