SUMMARY
Last Bitshares (BTS) update had called for a lower low as per below chart that was used:
As the lower low had completed and price has is rising, we need to now get a full impulse set of waves that would ideally take the price above the top white line of the wedge pattern. Should a decisive breakout take place, the onset of a sizable rally would be due.
Should price be repelled by the upper wedge line, the abcde wave action would be likely and so a lower low of $0.13 or so would be targeted. However, this is the alternate count and not the primary. Much depends on how price behaves at the point of the upper wedge line.
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.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Would be nice to see Bitshares turn around from here.
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I am buying more BTS at 13 cents, 10 cents and 5 cents
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Thanks for the update @haejin, let’s hope it busts through that white line!
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Another great update thanks for sharing
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Faith is not belief without proof, but trust without reservation. I have faith in Bts.
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I'm happy either way. If it is repelled I can sell some and pick up twice as many, or the sooner it shoots up through the wedge the sooner we get back to ATH's
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@haejin информация позитивная
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This highlights the fact that many fail to see or want to admit. There is only one coin crossing the finishing line, the rest are pipe dreams. If you have not learnt that Bitcoin is the only coin that is going to make it then you have learnt nothing at all.
Alts have one purpose... to make money for Bitcoin.
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For anyone who has doubts about haejins technical analysis
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Keep up the good work haejin. You are a very good tutor :)
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Check out https://cryptopiece.com/
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Btc will lead the way.
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thanks for this prediction. hope that it will happen. now wait and see.
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RIght on, so your Primary is no longer a lower low across the board? If your primary for BTS is that's it's done the wedge ---- I'll presume BTC/LTC/XVG are all the same pattern :) let's get impulsive tonight
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Haejin! My man!!!! Ask and you shall receive. Thanks for the BTS TA update. I have a fortune invested and I know it will be taking off. BTS and EOS all the way!!!!!!!!!!!
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Buying as much BTS on this bottom as possible. $340 target in 3 years:)
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At the hearing the US they sad that crypto is here to saty they understand that this is future and i thing that regulations maybe be good on scams .
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Thank you!
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