SUMMARY
And Bitcoin (BTC) has DECISIVELY breached the upper trend line!! This is EXACTLY what was needed to generate the onset of the next set of impulse waves UP! The $11,011 was easily met and surpassed. The $11,133 should also represent an easy target. The wave 3 of 3 FIREWORKS is just getting started.
Here is the revised Bullish Inverted Head & Shoulders pattern. Once price exceeds $11,559; the Right Shoulder can be considered complete. Once price stays above that price and starts climbing higher, the pattern would be considered confirmed! The next targets after that would be $12,306 for wave 3 and $13,157 for wave 5. Today was a VERY IMPRESSIVE price rally day!
IF the minimum price move for this Bullish Inverted Head & Shoulders (BIHS) is reached, that would be at $17,655!! After that would be All Time New Highs.
And so, a new Bull Trend starts with a breakout!!
On the Big Picture perspecitve, wave 2 at a Cycle Degree of Trend has ended. A new round of seismic, orgasmic bull lunges upwards is not too far away.
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17,655 would be fireworks indeed
A rising bitcoin will be good for all the altcoins.
72K :O)
Looks like the bottom is in and we may be heading for new highs.
@Haejin is overrated.
Check Phil out and decide yourself.
https://steemit.com/@philakonecrypto
Phil recommends following @haejin as well. Phil is a day trader @haejin is not. Both are good at what they do.
Bit Coin will surely hit 100 K in 3 years Mark my words :)
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Nice post
https://steemit.com/busy/@hwa2ting/5pywm6
Thanks for sharing your analysis , BTW would u suggest to convert usdt to BTC at current level ?
12k.....14k.....17k....?
@haejin
Thanks
Thx:)
Resteeeem!!!
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Thanks for information
Super good bt
This post is very good !!!
I think it's going to be a nice March!
The moment we all have been waiting for. Is BTC going up or down? Well it's anyone game right now. I see 2 short term possibilities here.
Option 1 We go UP
BTC reaches the square up on top at $11 500 and if it continues and break $12 000 then we're probably going into a bullish market.
Option 2 We go DOWN
BTC goes to square up below and retest that level at $9 500 and then if it continues and break that level we're looking at a FAST drop to $8 700.
Trade btc and altcoins here: http://bit.ly/binance_exchange_altcoins
I post good quality memes, to entertain The Whole Community, check my timeline!!!
I post good quality memes, to entertain The Whole Community, check my timeline!!!
Seismic orgasmic!! I like the sound of that.
It's how the buffalos do it!
I saw Wu-Tang and Rage in summer of '97. One of the craziest shows I've ever been to. This got me pumped up!
For me, the next intermediate impulse will take us to the 12500 dollars, and according to my analysis once the price exceeds $ 11,700; The right shoulder can be considered complete. I agree that we should expect a large bullish candlestick to confirm the inverted shoulder head shoulder figure.
Possible intermediate target 12.500 dollars at the end of 5 waves lower grade. Then come a correction of less intensity than the previous one.
We will see if wave 5 of minor grade can drill the resistance line of 11.700 dollars. If possible and with a large bullish candle would confirm the inverted shoulder head shoulder that is still valid and targets 18.000 dollars.
Another possibility is that the minor degree wave 5 does not perforate the resistance line, and the bitcoin will fluctuate in a lateral band until it gains momentum.
For me, the next intermediate impulse will take us to the 12500 dollars, and according to my analysis once the price exceeds $ 11,700; The right shoulder can be considered complete. I agree that we should expect a large bullish candlestick to confirm the inverted shoulder head shoulder figure.
Possible intermediate target 12.500 dollars at the end of 5 waves lower grade. Then come a correction of less intensity than the previous one.
We will see if wave 5 of minor grade can drill the resistance line of 11.700 dollars. If possible and with a large bullish candle would confirm the inverted shoulder head shoulder that is still valid and targets 18.000 dollars.
Another possibility is that the minor degree wave 5 does not perforate the resistance line, and the bitcoin will fluctuate in a lateral band until it gains momentum.
I just received 15 negative votes and I do not understand and I do not agree, it's unfair
I want to use this Steem channel to contribute ideas and debate them among all, but it seems to be only a one-way channel if the ideas and contributions of others are not supported by the votes.
Giving your positive vote costs nothing and helps others grow.
Just keep on contributing. There are deplorable people out their who are jealous of Haejins success. They try to hurt him and anyone who contributes to his success.
There are 25k followers of haejins blog. If we all keep upvoting and commenting then it will sting in the short term, but in the longterm they will fail.
Ignore the downvotes, comment, and upvote other good comments!
Excellent TA my friend although I have time in this always learn new things from you, for personal problems I need to grow fast and I was wondering if I could do a while comparing my TA with yours. Of course, if you approve it, my friend knows that I could use it, I await your response.
Copy that. Trading alone can be treacherous waters. How does one add Steem?
I love you
Please add Steem Power and consider more powerful upvotes! Thanks!
Sickening...who talks like this?
You greasy bitch
Nice!! Would there be a retracement abc after 11,133?
Same question. What does the next ABC look like? Thanks! Great work.
Excellent TA! I learn more from you everyday. A small reversal has formed, and a small uptrend has started. If a solid trend is established over the next few days, we may very well be seeing all time highs in the coming months.
Cheers from Fitness Guy
.
yeah, bullish confirmed
WOW!
"A new round of seismic, orgasmic bull lunges upwards is not too far away." thanks for THAT visual... lol
Nice post
i hope your right haejin
আমি খুব গরিব ঘরের মধ্যে জমেছি।আমি কলেজে ১বৎসর লেখা পড়া করছি।কলেজে লেখা পড়া করার জন্য অনেক টাকার দরকার তাই আমি আপনার কাছে ভালবাসা চাই।আপনি আমাকে ভোট দিয়ে ভালোবাসা দেবেন। my ID @mohabat
Thank goodness! I've been waiting for news like this. This is just what this rainy day needed. Thanks for sharing this. Following.
thanks for the post, this is very helpful to us.
Bro LRC LRC LRC!! Plz update us
Been ultra conservative here and waiting for confirmation that bears have ended and looking for new upward rally. What would be agood entery point?
Nice post dear@haejin,this is awesome; i upvoted you
Keep Dropping Jewels Bro!
I'm really impressed with the potential of bitcoin.
I like that last chart... giddy up ;-p