Bitcoin (BTC) 2nd Evening Upate: The Best Contrarion Indicator!
SUMMARY
NOTE: An Exciting Announcement will be coming out in a few weeks from @haejin! Stay tuned so as to NOT miss it!
Thus far, I've had Trolls hound me incessantly; I've had haters send hate emails and just the nastiest spams and memes. Was I phased? In a word, NO! I actually used these as an overall sentiment indicator and it has been very effective. I'm actually grateful for the indicator. Why? The more hate words, memes and emails I received; I realized the closer the bottom was. I even had active clients, who apparently had not yet developed emotional maturity, turn on me either masked behind a Steemit username or outright. I only have gratitude to your contribution to the "indicator" and I truly say this without malice and only charity.
Bitcoin (BTC) below put in a beautiful bull wick. Does this mean that Bitcoin can't go lower? NO! Remember that Technical Analysis is NOT based on certainty but probability. Price is rising and let's see if a trend reversal takes place. How to know? Well, ask yourself, is this the time to be taking SELLING or BUYING actions? Hmmm, that decision must be self made!
On the below chart, where do you think probability leans towards? Up or Down? The White pathway or the Blue?
Here is Steem Dollar (SBD). Do you realize how RARE SBD is compared to STEEM? NO? Learn more about it! Have you noticed that your posts are being paid more by STEEM than ever before? SBD is protected by an inbred scarcity principle. There is a "Not Enoughness" principle working on SBD! So, perhaps, SBD demand could outpace supply and generate 9x that of STEEM? If you have 1k SBD or 1 Mil SBD spread across many Steemit accounts; that'll potentially give you 9k to 9 Million STEEM. I only have one word...DAMN! No matter how SBD gets pegged or choked by Steemit Inc.; IF Demand outstrips control measures.....there is no control!
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Awesome, Steem finally started to move up. Buckle up guys, we are heading for another rally.
GBTC is a very good indicator for BTC so here we are.
GBTC green candle gave a signal and BTC followed.
https://steemit.com/haejin/@kabir88/decided-to-ask-haejin-for-som-advice
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW @Haejin & @StarJuno now. Do not UPVOTE or TRANSFER any FUNDS to these accounts. Any money you send to this criminal organisation can be traced back to you.
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as you have said that "Bitcoin (BTC) below put in a beautiful bull wick. Does this mean that Bitcoin can't go lower?". But i simply pray and wish that it should not go low any more
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thanks for correcting me, it is more important that price should increase
https://steemit.com/haejin/@kabir88/decided-to-ask-haejin-for-som-advice
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW @Haejin & @StarJuno now. Do not UPVOTE or TRANSFER any FUNDS to these accounts. Any money you send to this criminal organisation can be traced back to you.
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Giving total credit where credit is due, you absolutely nail this one, you could have taste it and the charts were telling the story that could not be ignored...Looking forward to the updates, its always good to remind folks, this is really a field of probability and emotional maturity... SBD gave a spark of whats to come and the volume was quite nice on Upbit and Gopax...Looking forward to the updates
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW @Haejin & @StarJuno now. Do not UPVOTE or TRANSFER any FUNDS to these accounts. Any money you send to this criminal organisation can be traced back to you.
UPVOTE this WARNING to make sure others know about this.
When you are constantly bullish there will come a time when you are right.
https://steemit.com/haejin/@kabir88/decided-to-ask-haejin-for-som-advice
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW @Haejin & @StarJuno now. Do not UPVOTE or TRANSFER any FUNDS to these accounts. Any money you send to this criminal organisation can be traced back to you.
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Very informative, thanks for sharing. I've smashed the upvote button for you!
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Sounds quite interesting.
Already registered.
Thanks for sharing.
Thanks for the great TA haejin..have a great night
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW @Haejin & @StarJuno now. Do not UPVOTE or TRANSFER any FUNDS to these accounts. Any money you send to this criminal organisation can be traced back to you.
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Hey @haejin, what do you think of the following chart for Bitcoin? I think we might double bottom off the $6000 mark set on February 4th/5th?!
BTC 3April2018.JPG
Either way, descending wedge is bullish long term...
We're probably at 'B' wave >> http://cryptosrocket.com/btc/2018/03/29/lets-see-the-big-picture-and-whats-next
https://steemit.com/haejin/@kabir88/decided-to-ask-haejin-for-som-advice
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW @Haejin & @StarJuno now. Do not UPVOTE or TRANSFER any FUNDS to these accounts. Any money you send to this criminal organisation can be traced back to you.
UPVOTE this WARNING to make sure others know about this.
I think Bitcoin (BTC) will go up for short. But if price breaks the lower low area in your chart then it will go down
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