RE: Bitcoin (BTC) Evening Update: Bull Flag Fractals Everywhere!!

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Bitcoin (BTC) Evening Update: Bull Flag Fractals Everywhere!!

in bitcoin •  7 years ago 

@haejin is your analysis based on the Elliot Wave strictly ? Best wishes to you :)

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7 years ago by

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      ·  7 years ago 

    Hey @splendorhub I've been following for about six months so I think I can answer. @haejin is an Elliot wave master and augments his wave analysis with chart patterns, hence the triangles, cup & handles and bull flags like the one in this analysis. These are his two main tools, and he uses them in tandem which seems to help confirm a projected move up or down. It's all quite fascinating and amazingly accurate.
    I hope this was helpful.

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      ·  7 years ago 

    @summertooth :) WOW.. thank you for the comment. Just trying to clarify my understand (as much as possible). Best wishes to you on your Steemit journey! - @splendorhub

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        ·  7 years ago 

      Start by watching his tutorial videos. They're well worth it.

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          ·  7 years ago 

        Thank you :)

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            ·  7 years ago 

          He uses Elliot Wave's and chart patterns -- most notably pennants, flags and triangles -- in combination. He also utilizes the MACD indicator to understand trend momentum.

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