Bitcoin (BTC) Evening Update: Two Paths but Same Destination...$23,000
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SUMMARY
Bitcoin (BTC) daytime price action enables the below chart pattern; an a,b,c,d,e triangle. This could be seen as a fractal to a prior triangle (Fractal #1). If so, we can use the subsequent price surge out and above the triangle as guide for the future price pathway for Fractal #2. This is my primary count with an aim towards $23,000.
The Alternate count is shown below. There could be an a,b,c correction via a bear flag. This would not change much given that once the five subwaves of the red c wave are complete, price will turn and run towards $23,000. This alternate count is a different path but destination remains the same!
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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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.**
I LOVE BITCOIN. Bitcoin is Gold coin in our Life.
Check Bitshare... long run
Well,I would sell all my Bitcoin and buy a ton of Bitshares.
Huge % gains! 🚀😎
(Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.)
Thanks for the headstart!
Sold all my BTC and bought BCC today before the Crash coming because of the BTC Futures market.
I'm assuming you meant Bitcoin Cash (BCH), and not Bitconnect (BCC). lol With the wild ride of BCH, there is surely an opportunity to make money 'Day Trading,' and probably overall too, I believe you're right. However, I DEFINITELY wouldn't count Bitcoin out. For Bitcoin Futures to have a future, Bitcoin must have a future. There will almost certainly be manipulation, probably heavy, but if it crashes too hard they'd be killing their cash cow. Maybe the goose that lays the golden coins would be more accurate. ;-)
Yes I ment BCH, Bitconnect is doomed.
I would not count on BTC.
Thanks for the update. These are important times.
lol
Have been following your posts for weeks now and I've definitely learned a lot from you
Your Bitcoin morning and nightly updates are the highlight of my day! Thank you again Haejin!
Sometimes I wonder if Haejin says his location is “Jupiter” because he’s beyond the moon and lambos or because he’s from Jupiter, Florida LOL
EOS updates are the highlight of my day!
EOS
4.618 extension to $23
Wow
Indeed, this is the expected wave 5....what will the correction look like Though :/
Thanks mate!
first!
I was first but I did not want to comment :-p
your posts are always amazing !
.......... nemmau has no other posts .....
Anyone who wants to thank Haejin please look through his blog and upvote previous posts also. Let’s ignite crypto and Steemit from nova to supernova
Good job @Haejin, finally made it to mainstream! :) You're the man!
Wow, just found you trough libertyteeth and definitly will follow you. Thanks for sharing this interesting infos and sorry that I cannot upvote in the moment. This article would deserve it!
Steem to the Moon!
🚀🌕