Bitcoin (BTC) Mid-Day Update: A Very Nice Completion of Blue Wave C & Start of Blue Wave D

in #bitcoin7 years ago

SUMMARY

Here is the bigger picture showing the position of each blue a,b,c,d,e wave. I believe the white wedge pattern is complete. This also likely brings blue wave C as being placed, too. Blue wave D is expected to be next and price should rise $9,300 or so. Bear in mind that a genuine breakout can occur without completing the blue wave E. Let's see how the coming week takes the price actions.

The closeup shows a vertical move in the process and hence, the end of wave C has been properly marked. The proximity to the apex is acceptable, though closer is always better. The abcde (white) subwaves of the smaller wedge pattern should be complete now. IF we can close above $8,100; that would provide further confrimation that BTC will head towards $9,300.

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Make sure you downvote all of @Haejin's scammy post!!!
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Hgin You should stop your SCAMS NOW!!!
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@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.


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It's only meant for use as informative or entertainment purposes.

@Haejin You do not provide any entertainment. I brought you some.

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That's just bringing me epilepsy.

Interesting. Can you elaborate?

It's flashing different colours, and can trigger photosensitive epilepsy https://en.wikipedia.org/wiki/Photosensitive_epilepsy

This comment has received a 0.07 % upvote from @speedvoter thanks to: @missioncontrol.

No harm intended. I just thought like minded people may get some value out of my content as well. I won't do this on your blog again though Haejin.

You may advertise all you want on his blog. He is getting paid good for all these shit post he makes. Might as well put some FREE ADVERTISEMENTS on it.

The worst is almost over. Let the Bulls run...

If price can close above $8600 (yellow line) and break the daily trend line, that will be the first signs of a reversal.

The next milestone before moving higher would be to clear out the sell orders at $9250 (green circle) on the 4 hr chart.

I think support will be broken in a rather volatile way...

What do you mean when you said "IF we can close above $8,100"? This is a market that never closes.. I'm confused. When is Closing time?

Open usually refers to the price at 12:01 AM UTC close is the price at 11:59 PM UTC.

The boss is here again with another boom, more from you boss..

Thats Great we might have ended the bearish trend and moving upward

Wave D and E still remain; but they should be piece of cake because awareness keeps the panic away.

Wow. You're getting a lot of flags. Maybe it's time to move into other areas (like politics predictions – where the facts don't matter for once).

This comment has received a 0.07 % upvote from @speedvoter thanks to: @missioncontrol.

it soon going to be time for the bulls to run through. Very exciting time after this bear.

what about G20 ?

thank you sir for all the good info!

Haejin, I would really appreciate it if you analyzed TRX. I have a strong position i bought in at .17 cents and seeing it at .03 cents makes me cringe.
Still HODLing however curious if i should accumulate more while its down in order to compensate/adjust my position. What're your thoughts

Double you bag while its cheap, you would be in at .10 after doubling then continue HODLing. TRX will be converting to a coin instead of token soon, this might drive up its price.

Makes sense and hoping a breakout does not occur. More time to accumulate

Interesting information as usual. Thank you for the update and heads up.

Don't get me wrong but you should check your upper trendline bro :P

Can you please fix the lagging of videos? We have year 2018, should be easy to export video with proper time frame. thank You!

Nice Post :)

Look at my prediction and check out my prediction of the downturn https://steemit.com/bitcoin/@profchingachgook/crypto-market-recovery

Busted? Or not? Here is the Complex Inverted Head and Shoulders Bottom that has been developing over the past two months on Bitcoin. I have put a down trendline (channel) in blue that signals the weakness of the pattern. I also put an interior channel at approx. fib zones in blue, a measuring tool in orange, nearby resistance lines in red, and the pattern in green.The pattern continues to slow down and spread. IMO, the pattern still signals a reversal, but it is just an opinion and not advice.
Atrapado? o no? Aqui esta el complejo patron llamado cabeza y hombros invertido, que he venido desarrollando desde hace los ultimos dos meses en Bitcoin. He puesto una linea inferior de rastreo en azul que senala la debilidad del patron. Tambien puse una linea de rastreo inferior de aproximacion de Fibonacci , otra herramienta de medicion en color naranja, cercana las lineas de resistencia en color rojo y el patron en color verde. El patron continua disminuyendo su velocidad y a extenderse. En mi opinion, el patron sigue dando senales de revertirse pero solo es una opinion y no un consejo.terminal.jpg

The symmetry is pretty off for IHS.

Thank you for your interest, waiting for conformation of 3% above neckline.

If , as you say, TA is a quantum event, then time is of no consequence. If you are saying the price action lacks symmetry, you need to read the chart again.

False.

This is the true correction.

You’ll see it soon

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin8301.260$7.93%-14.02%
EOSEOS4.664$7.86%-23.84%
QAUQuantum0.151$24.32%-12.89%
WAVESWaves4.588$5.44%-21.99%

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