Bitcoin (BTC) Mid-Morning Update: Expanded Flat Fractals!!
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SUMMARY
The Chart contains the Explanation in text captures:
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.**
It's good to see a correction. Up too fast is never a good thing. I wouldn't mind seeing all coins build a base during the Christmas holidays and come out swinging in the new year.
30 TO 40% CORRECTION LOOKS DONE.
Those fractals are soooooooooo sexy! Thanks for having the fortitude to continue your blog through the shitstorm. I hope you and your family (cats too!) have a wonderful holiday.
Can you tell he's not quite as detailed though? Haejin was busy buying like crazy during that nice little 8-10k "dip" aka when "the bubble burst." I was up all night reading into other peoples speculation, but told myself - nope. Those #^%#^#%#'ers are crazy. Can you please do an update on BCH? I'd even power up my steem votes, just to know what the hell to expect with that crazy train.
@wlcked. Bought some BCH around 2000. Looks like a good support there. From picking up Haejin's tips and make my own decisions. Just my opinion.
That’s my plan. But I’m not sure if i should use my alt coins to do this. @haejin would you trade in your altcoins for bitcoin for this ride back up? Or buy more bitcoin outright with fiat?
if you aren't too broke, go with fiat!
How to get Fiat in quickly is the question.
Credit card at coinbase or bitpanda or similar places, then get it to gdax or kraken or the exchange of your choice in form of ETH or LTC, whole procedure may take an hour. You can also buy bitcoin at your place of entry (that takes credit cards), and stay with it there, or exchange it for what few coins they offer, or for fiat in case of danger. Not too hard really.
Christmas is coming up. Gotta pay off my bills. But i also got paid today. So that might be the move. Ill wait for another drop lower which should be coming.
i'm new what is a fractal?
google it ! It's a pattern that repeat itself, like the branches of a tree are like some little trees with small branches that are also little trees etc.
Just google it and look at the wikipedia page, it will become crystal clear
Thanks!
It looks like a Chalice of Wealth to me!
Why is Haejin hated so much now
https://steemit.com/steemit/@pathi/why-is-haejin-hated-so-much-steemit-drama
@pathi. Thank you.
Welcome Dude !
It is very quick Just read this blog.
https://steemit.com/steem/@yogi.artist/the-simple-guide-to-converting-your-steem-into-steem-power-new-user-power-up-walkthrough
Steemit is a community and we all must pitch in to help our friend @haejin!
is this correct?
Thanks!
thank you...
...but if you read the Elliott Wave chart upside down, it says the last 24 hours was just "A", which means there's going to be a deadcat bounce "B" where everyone will jump in too quickly again, and then an even WORSE "C" down below where bitcoin trades today.
We recommend NOT buying yet. Our new daily overnite theme made money in the poopcoin on the worst day ever in crypto...
https://steemit.com/cryptocurrency/@harpooninvestor/altcoin-poopcoin-overnite-stratis-and-burst