BTC update 22.02.18

ew-and-patterns (70) in btc • 7 years ago

Wave a will be completed soon. Everything is running like I predicted in my previous post. You can revisit it here, if you want:

https://steemit.com/btc/@ew-and-patterns/btc-morning-update-21-02-18

I will never sell my altcoins at a loss, but I must admit that I am feeling a little pain. This is usually a bullish sign for the following month. I hope that BTC stays very close to my bullcount, because my bearcount suggests a drop to 2500$ BTC, which is of course not what we want to see... stay tuned...

image (5).png
If you think this to be useful information:

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

btc bitcoin cryptocurrency blockchain money

7 years ago by ew-and-patterns (70)

$67.18

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!

Sort Order:

Trending

[-]

dirkboy41 (53) · 7 years ago

If the BTS 2500 scenario plays out, it would be nice to see some divergences in the quality altcoins. Of course, I'm referring to our beloved STEEM and BTS. Ideally, I'd like to see all coins rise in 2018 in unison, some more than others.

$0.34

1 vote

[-]

dexterdumb (55) · 7 years ago

I hate to be the bear in the room but I have been quietly wishing the price go down so I accumulate more!! Seen many TA charts and have been watching very carefully. Good post!

$0.30

2 votes

[-]

vimukthi (72) · 7 years ago

Let's just hope it doesn't go down too much. I really should have bought some NEO and collected some GAS. I do have a tiny Waves lease which is making me a small amount of passive income. At least I'm getting STEEM for my work on steemit. That's something very nice.

$0.15

1 vote

[-]

thetechdoctor (54) · 7 years ago

hey sir, you're great. you're my boss, my sir because all time i got some helpful post from you. so sir, i respec you. i am your big fan. thanks sir.

$0.00

2 votes

[-]

hashbox (27) · 7 years ago

Sir, sir, sir...

$0.00

[-]

hussnain (0) · 7 years ago (edited)

$0.00

Reveal Comment

[-]

techlogix (35) · 7 years ago

amazing work bro
thanks for keeping us update :)

$0.00

1 vote

[-]

rollandthomas (74) · 7 years ago

Nice projection. Price is broke demand at $10400 and $10000. I see price retreating to $8400, before moving back up towards $17000.

$0.00

[-]

d0zer (59) · 7 years ago

I can't imagine it will go to 2500. I hope not.

$0.00

[-]

davidblackwell (46) · 7 years ago

Maybe sell a little now, to buy the dip in case it does? .25 BTC could buy you a full bitcoin if it plays out that way. That's if selling right now would give you a profit.

$0.00

[-]

trmnl-cmdr (32) · 7 years ago

I struggle to understand this "only sell at a profit" mentality. If it's the right call to make to sell and buy back lower, then it's the right call no matter where your profits are. In the last dip I sold out 80% of my holdings at $11,500 despite being down on my investments by about 10%. I bought back at $8000 and $6000 and the following day I was back in great profits. I know it was risky but I was confident about the drop. I'm selling off a good bit again now but this time I'm quite profitable thanks to that risky move I made.

$0.00

[-]

davidblackwell (46) · 7 years ago

I sell when I think BTC is unstoppable and buy when I’m most fearful of it collapsing. it has worked real well so far. It’s against everything my mind/body think is right but Is very profitable.

$0.00

[-]

mahadihasanzim (65) · 7 years ago

thanks for your informative post.
is there any chance of another downward movement of btc price ?

$0.00

[-]

fajabox (46) · 7 years ago

thanks for the update news of btc dear
really appreciate that is
carry on

$0.00

[-]

mahanjonk (35) · 7 years ago (edited)

Thanks for the informative post...
carry on dear

$0.00

[-]

freedomshift (64) · 7 years ago

I think you are fight on your expectations.

Please read my 7 rules and HODL in peace:

https://steemit.com/trading-rules/@freedomshift/7-rules-for-trading-investing-hodl-virtual-assets-aka-crypto-currencies

$0.00

[-]

bobreedo (55) · 7 years ago

While I know you need to provide "worst case scenario's" I do get a bit tired of so many analysts throwing out numbers like $2,500...$4,000...personally...if something triggers that...its most likely going down and not just some "fib" correction...

If you really think that possibility exists fine...but...just throwing it out is a bit extreme sounding...

$0.00

[-]

shri2 (35) · 7 years ago

Good work .....now mind my mind is clear ..

$0.00

[-]

iqbalhossin (42) · 7 years ago

that is good work for the update news sharing dear
please go ahed with that
keep it up

$0.00

[-]

djhwang (25) · 7 years ago

I really appreciate for your advice & post. Since I started to consider your posts & other steemians' in mind, I was able to stop loss and started to follow the market. Now i should prepare for the dip.. if it comes....