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8 votes

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jesseluther (45) · 7 years ago

Why don't you clarify that your chart is in LOG and his is LINEAR?

Worthless post by you without that.

$0.53

6 votes

investingtips (3) · 7 years ago (edited)

No, my chart is not in LOG you imbecile, this is log:

Holy shit you are dumb.

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8 votes

cryptomizer (31) · 7 years ago

Dear InvestingTips, if u have issues, just go follow someone else. Stop acting like a fool. Respect is what matters

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investingtips (3) · 7 years ago

No, I will not go away, this a free and open platform.

7 votes

luckie7 (25) · 7 years ago

Not sure why u fussing at him for.. you could just not read or follow him. I charted the same thing heajin got so I must be sleeping too.. I need coffee to wake the fck up.

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2 votes

investingtips (3) · 7 years ago

Yes drink the coffee :)

sublimate (48) · 7 years ago

Yeah, we need some coffee @luckie7

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oshenalchem (50) · 7 years ago (edited)

Hi there.
What you posted caught my eye, because I have recently been studying trend lines through various resources.
In one such resource, which I have attached an image of below, it is said that trend lines can be drawn from the wicks or the bodies of the candles. While Haejin's line is off from the wick by a hair, it could still be drawn upon that wick, I think. Also, once a trend line is drawn, the importance of sticking with that is emphasized, which I believe is what Haejin is trying to do.

I have also seen other analysts come up with the same chart as Haejin, except they are not being put down about it, such as https://steemit.com/cryptocurrency/@scaredycatguide/bitcoin-breaks-out-of-the-descending-channel .

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3 votes

investingtips (3) · 7 years ago (edited)

OK, but the support line based on the wicks is lower than the support line based on the closes. So you will get in your sell position at a lower price if you are waiting on price closing below the support line which is based on the wicks. Do you want to get in at the optimal sell price or a less optimal sell price?

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6 votes

crypto-bot (56) · 7 years ago

By the way, "trends" don't always follow point to point, stretch buy or sell to stretch buy or sell....that's why it's call a trend....it's a collection of behavior....aka....a trend, not a fuck me if it's not pinpointed on my asshole line. WE KNOW WHAT HE'S TALKING ABOUT. And honestly, you look like the idiot for commenting, and acting as though we don't with your desperate attempt to get some attention to your blog.

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2 votes

marvirafael (40) · 7 years ago

here's my bitstamp chart. i'm not a pro or anything but it did crossed the resistance.

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1 vote

crypto-bot (56) · 7 years ago

Haha....umm, you are seriously making this argument? That trend line is in reference to the previous days, which is a great price indicator of progression through Cycles and Patterns.

You wake the fuck up and realize we are here by choice, and of course anyone could redraw a trend line to the new chart....THAT'S NOT THE POINT OF THE LINE. Go home with your bullshit, go try to get successful for yourself.

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1 vote

kofibeatz (52) · 7 years ago

Wow @investingtips. You're really going at it. So can I ask, does this trend line mean that we can expect BTC to be a lot more bearish over this season? I always felt that the bull market would only return in May/June. Never really understood why everyone kept yelling "BULL!!" a few weeks ago..

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investingtips (3) · 7 years ago

@kofibeatz we are certainly not Bullish my friend, we have only just broken out of this large daily rising wedge which is a Bearish chart pattern, and I believe we could go down to the long-term support level which would be at about $7,000:

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6 votes

demonklyd (43) · 7 years ago (edited)

@investingtips and yet, 4 - 3 days ago, on your VERY OWN blog, you were posting bullish stuff and telling anyone willing to read from you that this was an ascending right triangle (and still talking about it on your last blog's 4h chart!), that the main downtrend line had been breached, and so on... and I quote, "It does look like Bitcoin is inevitably going upwards now and it could explode again to all-time-highs". So how can one be so definitive in its analysis from one day to another just because of a long red candle? Are you freaking out actually or something?

So, are you just there for the sake of being talkative and insultant for free towards Haejin? Or do you suffer from some sort of schizophrenia? In both case, and looking at the wonderful (1) next to you nickname, along your no less wonderful "investing tips", let us, Haejin readers, advise you to preach your so called "knowledge" somewhere else, unless you show some politeness.

Don't thank me for the piece of advice, you're welcome.

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investingtips (3) · 7 years ago (edited)

"It does look like"... "just my opinion"... key phrases buddy. I never said it was 100% going up and in fact I still maintain it was an ascending triangle on the 4-hourly chart but it broke down not up.

"Do remember that even though Ascending Triangles typically break out upwards... they don't break out to the upside 100% of the time! So, in all honesty, if I had seen this pattern first I would not be in a long trade quite yet, but I will remain in it."

You just going to miss out that part as well? Where I literally say that it could go up or down. You are not exposing me if you think that is what you are doing. I always endeavor to be as honest as I can with my followers, Haejin on the other hand is anything but honest. And am I schizophrenic for having the ability to admit that I now have a different opinion than I did the day before? No, it's called adjusting to what the market is telling me, pretty simple shit.

Here's a final quote from the same one post just so that your pea sized brain can get it; "I am excited to see if Bitcoin really takes off once it breaks this pattern (hopefully to the upside)!" <--- hopefully to the upside, not definitely to the upside.

It was a poor try, but try again if you wish.

Any other of Haejin's boyfriends want to try and expose me? I've already put down 2 of you, I could do this all day, because I do not lie so I have nothing to cover up.

kofibeatz (52) · 7 years ago

That's really low @investingtips. Thanks for the graph stunner, but when would you estimate that these prices will hit?

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investingtips (3) · 7 years ago

Could take up to a couple of weeks imo to hit $7,000. Obviously it might not hit $7,000, i'm not psychic :P, just showing my opinion!

5 votes

jojof (42) · 7 years ago

I think the same... May to July if we're lucky. We may see the lowest dip yet before that happens - or maybe we continue the uptrend, in which case we'll be at 20k in May - the problem is that with a market totally reliant on psychology, talking about it can turn into a self-fulfilling prophecy. I would propose that we should see haejin's work from the same perspective.

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logline (25) · 7 years ago

I still remember ancient history (like 3 days ago) when he was promising Wave 3 fireworks.

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investingtips (3) · 7 years ago (edited)

LOL @logline you are better flipping a coin than buying or selling based on @Haejin analysis!

crypto-bot (56) · 7 years ago

Learn to count Elliot Waves.....the 3rd wave is yet to come. Also, he very clearly stated "IF" we have progressed into the 3rd wave expect fireworks. What happened? Did you go in on margin and get fucked? It's a big picture trend that matter, there will ALWAYS be corrections during large rises.

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3 votes

lightknight (21) · 7 years ago

@investingtips Thanks for the heads up, it's important, also thinking that we are now in a long-term bear market here's an interesting chart from TradingView for some perspective. None of the alts will be worth much if we continue in a 1 to 2 year bear market, unfortunately the nature and risk of the game.

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