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SUMMARY
STEEM is getting ready to make the next impulse rise to all time new highs! My prior targets of $2.24 and $4.0 have both been hit. My next target is $6.40 or higher! The below chart shows that STEEM is finishing an a,b,c,d,e triangle with only waves d and e remaining for completion. If this is the case, then an impulse set of waves could easily take STEEM to $6.40. I've also written in prior blogs that the SBD price actions could be seen as the leading indicator for STEEM and if this forecast is correct, the we could see much higher highs!
NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: 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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You nailed this call! Where does steem go from here?
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https://www.tradingview.com/chart/STEEMBTC/bLR7Er3x-STEEM-Stable-Strong-Opportunity-3300-Profits-Potential/
Maybe!
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How much time will it take to reach that level?
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Uh oh, the bad whale is going to get even hungrier for power and control.
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What if we created an account e.g. @unrandowhale, each of us delegated STEEM Power to it, and then it followed @randowhale around and removed its upvotes? I'd imagine people would stop using that service if it wasn't useful.
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happy new year 🎈
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@venox
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Please let this chart be true!
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ROFL amen.
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I am in that train !!
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Oh wait I can see you from my seat! How ya doin?!
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LOL!
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Lol , don't stop at next station . Just HODL !
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It went up 100% lol
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Aaaaallllllll aboard!!!11
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At first I was sitting on the Chimney, but then I understood how everything works, seats are much more comfortable now, ehm...
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You nailed it Haejin!
Now STEEM is off to $14 :)
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You nailed it Haejin!
Now STEEM is off to $14 :)
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Check the thief "cryptosrocket" on Twitter (and cryptosrocket.com)... He's using all of your content and pretend your are on his "team" to receive crypto donations!
I wrote you an email about that today.
Btw, thanks for your work Haejin :)
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Thanks I called him out on twatter as a scammer also
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Good.
He finally blocked me after 5-6 messages tryin' to convince me (like I'm an idiot).
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Congratulations, you received a free 6% upvote from Sreeps Minnow Support.
If you would like your posts upvoted with a higher percentage or resteemed please visit my most recent blog for more details.
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I am not much into trading but had made a similar observation two days ago. https://steemit.com/steem/@gokulnk/steem-to-the-moon-again
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Unlike a lot of other coins.. The growth of Steem has been steady and gradual. No inexplicable jumps, and no real falls too. At least not in the recent past. That and the fact that the platform 'steemit' is there to use, gives it a sense of tangibility. Unlike a lot of other coins, which you can read about and try to understand as much as you may like, but are not in operation yet or getting utilised so far.
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Thank you very much for updates and useful info
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That would be good as I am that much closer to philanthropically distributing it to other Steemians.. Paying back the gifts life has given me to others trying to make it...:)
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absolutely! this is the reason why I still hold my steem, coz I believe it will hit the highs that we are expecting...Hold our steem, we won't regret.
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FunFair anybody? 🚀🚀🚀
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Looks like it hit your mark, only sooner than expected. Outstanding
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Hoping for the best it ll raise.
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Wish @haejin a Heppy New Year and all community members.
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very mature planning, gradually becoming very valuable. Good luck @haejin
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Go Steem!
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Thank you.
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Thank you for sharing, this post is very useful, very interesting, as long as you follow me, I am very interested to listen to your post. all your posts are always related to the world of cryptocurrency, this is what I like best, here I can keep updating information about it to find new knowledge.
I myself am starting a post about cryptocurrencies but unfortunately my posts are mostly ignored, even with very low upvote values, yes, very low and too low even though I do not want to share knowledge with others, and hope that science I give can be useful for others. the last one month I started interested mengguluti world trading, still be regarded as a beginner, for that hopefully I can get a lot of knowledge by following your post.
happy to be present in your comment field, hopefully you are pleased, happy to get acquainted with you, have a nice day!
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STEEM is worth to invest in. Especially when it is based on your active efforts.
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Wishful thinking never harms anyone and also I see a growth in STEEM starting with 2018. Not sure it will sky rocket but for sure it will increase and if seen as investment nice returns will be provided. Now, as always, is better to hold on to your assets as the things are going only upwards from here and is better not to have regrets later on. So, let's all put a shoulder to platform growth and keep up the activity and new things going on!
Power to the people!
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A Dream will come true
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How you calculated wave 3 lenght? why wave 3 is so long? Do you understand that you just apply waves whatever they suits you? :)
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If you make a paralell line to bottom in the triangle at left highest point you should arrive around there with wave 3.
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Also watch the tutorial about Fibonacci ratios ( link underneath the post). In this tutorial he explains the ratios between waves and Haejin talks about the wave 3 extention that happens often in the Crypto-world.
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HaPpY new year.Upvote and resteem done.
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Whilst I don't doubt this analysis to be accurate, I do wonder whether comments such as "SBD price actions could be seen as the leading indicator for STEEM" negative Elliot Waves theory of undiluted analysis.
At the same time I completely agree this this theory, as well as the analysis.
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Please Check Electroneum Etn !!!!
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My wishes for you are not limited to just the next year.
Have a fun-filled, smashing, rocking and happening New Years 2018.Upvote and resteem done done.
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Hi haejin, love your analysis articles. I was recently watching part I of your Elliot Waves tutorial and there you mention that, instead of 5 waves, there are actually 8: The 5 Elliot waves followed by 3 correction waves. I don't see those three corrective waves after the first 5 here in you analysis. Help me out?
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Can you make another post about steem dollar again?
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GREAT chart hejin, do you really see it mobing that much in 2 weeks? also it looks like the count is a bit different. Does this one make more sense now
? https://www.tradingview.com/x/Y7fAhPhK/
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all for steem !!
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That downward trend line looks more powerful the the upward at the moment however
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Good call.
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good analysis
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Its STEEMING at the moment :), I take it your original $14 TA still stands and perhaps may hit soon..? Or a healthy correction first and then $14 or higher...
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Just hit 6.40 in bittrex! Weee :)
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@haejin makes another amazingly accurate call!
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January 1, 2018 and STEEM has just struck $6.30 !!!!
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STEEM exploded just as you predicted!
해진 선생님,
수익률 80% 정도인데 이제 팔아야 할까요? 고민됩니다. ㅎㅎ
tradingview에서 차트 확인해보니 6달러정도 되네요.
아무튼 해진님 덕분에 수익 봤는데 너무너무 감사드려요~!
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I'm not even surprised your analysis was correct! Nicely done.
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Is the target of .00423 BTC still valid? What is the First BTC (Satoshi) target?
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target reached.
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Wow.... steem to the moon. Will hold some again in bittrex. Thanks for this update
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Thanks a lot my friend for provide of crypto ..Carry on..And happy new year my friend.....
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hello Haejin! Steemit is exploding.. dying to know what your long term projections are beyond $6.40. Didnt think this would happen so quick!! Thanks!!
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Thanks for your insights Haejin. Steem should easily cross $10 in ~1-2 months time and will be one of the key crypto projects to watch out for in 2018!!!
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Already touched $8 and is on its way to the moon!!!
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I am glad Stemmit grows. What do you think of new to appear Minds Tokens? Perhaps, you can read here about them https://www.minds.com/blog/view/793221494705606656
I think it is a bit too self-confident what they say.
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Thank you Haejin!!! - You explain everything so easy
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You called it. Steem at $7.50 as I type this two days later.
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Good to know
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Thanks for the STEEM update. Upvoted and Resteemed
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Never miss one of Haejin's remarkable Analysis
https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Sign up today
With instant SMS Notifications you will never miss a post from @Haejin, the master of the Elliot Wave theory.
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You could also follow him on Twitter and enable notifications
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Yes. I also follow him on Twitter but you'd be surprised at the number of people that are on steemit that don't use Twitter and a few of them have signed up.
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