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SUMMARY
In this morning's update, I had shown the below forecast and projection. I had just in time discerned the a,b,c,d,e pattern and realized that price explosion was imminent.
Currently, the price chart below shows a near precision hit of Wave 1. I believe Bitcoin (BTC) is about now sick and tired of correcting and being held back by the sellers. Enough has been had of this correction and a B-Line towards $23k is likely to be the next move!!
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?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
http://steemit.deadfollowers.info/
Here my first post and follower of haejin... im not a bot
Seems to me this Steemit is so fucked up already, why do i want to post. Even children in Kindergarden behave more.
I didn't grow up in an english speaking country, so if spelling is not perfect, no need to complain.
Not all followers actually post
Real Numbers:
Yeah, and?
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excellent post
@haejin
Elliott Wave Counting Tutorial #4
Complex Corrections
How complex is the BTG correction? Can @Haejin give us an update on BTG?
Could you please do an update on EOS?
EOS 5 min fractal
Target $22
will bts hit $1?
Yes.
good
Hey, I know some of you have been requesting FunFair, here's my analysis:
https://steemit.com/bitcoin/@benkalashnikov/funfair-fun-analysis-346-profit-potential
I am following you. Great to meet you
@haejin you're an incredible crypto analyst. keep it up and stay humble
You are professional in what you do. How to be you sir @haejin?
@haejin is on fire today !
Thanks for the analysis! I hope that happens before the end of this month.
I have someone to prove wrong ;D
Good post come across your steemit account and followed and upvoted posts 👍🏼
lolx
Thanks for the analysis!
bitcoin increases too much @haejin
Yes, not sure correction is done. Or maybe I'm just pessimistic. Anyway just wait and see. If goes down to 11500$ BTFD! (that was on another haejin post).
Oh man.. that is a big jump
WOW you really nailed it! Do you see wave 2 going down to under $14,000 before it takes off higher?
If you use Windows and want to have a closer look at the charts, try copying and pasting them in to Paint and then you can zoom in.
IT IS MUCH EASIER TO PRESS CTRL + TO ZOOM IN FROM YOUR BROWSER AND CTRL - TO ZOOM OUT ;)
OR.... Just right click, View Image, shows it full screen.
Thanks for that, it saves time.
Wow, You are always amazingly accurate!!!
We just started our blog for sharing our crypto investment experiences with you! Join our journey and follow our blog to get an insight!
Thanks, CryptoBuddies
https://steemit.com/cryptoinvestment/@cryptobuddies/the-very-beginning-of-all-our-crypto-investments
thsx for everything you do once again
It won't be long before it jumps!
Do you believe alts are in phasic with btc and rise together or dip? or would you call this the "bull wick" of alts dropping in price before it goes phasic and rise together? just curious to see what others are thinking. thank you in advance for your thoughts
Hi,
could you please analysis on
Streamr DATAcoin and Yoyow
thanks
@haejin
If 90% of my investment is in alt coins.. when btc reaches 20k the btc ratio will massively be reduced..... should i sell all my alt coins and keep only btc???? In the dip of 13k shown above?????
Just wait and hodl, if BTC goes up now, alts will naturally go down until BTC reaches a sustained uptrend, then they will go up if they should. Explanation is buyer/seller are all on main coins, then when the uptrend is on, some buyers will go to alts just because they hodl BTC and they want to diversifie.
If BTC goes down again (correction not done) alt will go up, if you're happy with profit, take it, or wait for more after BTC goes in uptrend (take more time of course).
Anyway you can sell altcoins for some USD equivalent on a lot of exchanges, problem is if BTC goes up you'll get less of it because BTC/USD goes up.
Better is wait and see, if btc down => sell alt if profit ok or wait for btc uptrend and in phase with alt, else if btc up wait for alt and btc to be in phase and take profit when ok.
At least that's what I'm doing. If alts are well selected, they should go up, maybe it will take some weeks but they will go up.
What are your Alts?
@luchi505, I was concerned about this myself until I was directed to @haejin. Don't be scared and sell it off, but try to chart your coins, and line up the waves for yourself. That way every loss on paper is also a gain in confidence. Repeat Haejin's tutorials and embraze all new knowledge before selling any of your precious coins :)
One should always diversify to lower the risks.
I have the same question.I am sure many other do as well @haejin
I'm going to advise something similar to what haejin mentioned in a post before. It's nice to have about 20% in btc, 5 or 10% each in ltc, and eth, and with the rest you can buy other coins including smaller caps.
Thanks all.. actually my portfolio is only @haejin suggestions.... NXT, XVG, ANT, EXP, 0X, EVX, CVC, LTC, XRP, and RDD. So its hard which alt to leave to keep BTC
What I did, is I speculated the highest percentage on BTS, as I truly believe it could be massive.
I then have small positions in a few altcoins.
No BTC whatsoever though. Maybe I should reconsider, but I can't keep myself from the thought that the first technologies aren't always the most sucessful ones.
That's a self decision I can't make for you.
But @haejin You said alts will go up with btc. Right now alts are bleeding
I also hope that both of BTC and alts go up together.
(So the main reason BTC goes up is money from the outside of crypto market.)
It does not matter. The BTC/Alt Ratio is nothing more than an indication. Imagine for one second: would you rather have an altcoin worth 1000 satoshis when BTC itself is worth $10000, or an altcoin worth 750 satoshis when BTC is worth $20000?
Do the math. At the end of the day, you're winning at the USD/Alt ratio. That's all that counts for now, right?!
So everything's well that ends well.
not so accurate. if you sell the alts in the satoshi peak you can buy them later again (when BTC price increasing) and enjoy some profit too.
Agreed. When calculating the BTC-equivalent, I lost some BTC today -- but, when calculating the $-equivalent, I gained some $ today.
Hi Haejin, any chance of latest for Siacoin. Appears to be ready to surge out of a very nice cup & bowl IMO? Also longer thoughts on it would be greatly and gratefully appreciated.
Thank you, master
That was a mind blowing bull run by BTC in the past few minutes. But the timing across the world was very odd as towards second half of Western markets. Manipulation for sure.
Bitcoin goes up and the altcoins go down?
I hope not.
I hope that changes a bit... and it's not like 2 Months ago.
They should on /btc pairs. But when btc will be on a sustained uptrend buyers will also buy alts to diversifie.
Bullseye...not like I need anymore confirmation that you speak the truth...
Good work Haejin 👍
@haejin.. I'm missing something. On the 'Flat Correction' image. where does the circled red C end? You have it under the circled red A.
You are absolutely amazing. Been following you for a month and i couldnt be more confident in my diversification of coins thanks to you.
You called this like the maestro you are...a quantum genius...nice work...
Hope 23k :)
@haejin
wow, you nailed it!
Bitcoin Vs Altcoins - Which Will Be Most Profitable?
BTC upside is hundreds of percent. If it goes up 1000% ultimately and reaches $150,000 that would be a lot of profit. However, the alt coins have massive upside. I have one that is up 32,927%. That's not a typo. I would take 392X vs. 10X any day of the week. Just make sure you diversify over at least 10 alt coins and do keep some BTC so you can buy the alts when opportunity presents itself.
wich alts are the good ones then? XVG,NEO,BTS,OMG,IOTA, perhaps one of thoose? pls spread your love and share to us my friend. :)
What a start of the year!
Master Haejin you are right on top of Bitcoin. I am new and would like to buy other cryptocurrencies that you analyze. Where can I open an account to buy Verge, Civic, Redcoin, etc...? Thank you so much for your hard work on all our behalf.
Bittrex or binance
Altcoins were caught off guard by this sudden rise! But That's FOR THE BEST. Just HODL, do NOT panic sell.
Here is Bitcoin!
Please, can you update DIGIBYTE?
Thank you.
Thanks for the tutorials, insight and entertainment. Your are a true Sifu of the people.
Could you take a look at Sumokoin? This one looks extremly promising but is almost unknown.
I hope you are right my investment in Bitcoin is going nowhere fast.... I have done much better keeping everything in Steem.
Great analysis
Haejin, thank you for the updates. precise indeed.
Literally read your post, 5 mins later BTC starting going up!
@haejin Could you do an analysis on SALT, Stellar, ADA?
Nice post bro! i also share analysis, so everyone that wants to take a look feel free!