SUMMARY
So, overnight price action for Bitcoin (BTC) has broken out of the blue and the yellow wedge patterns. Thus far, the breakout counts to five waves and currently, a minor correction is taking place. Most of today will likely be consumed in putting in some form of an abc or some other of the 36 possible combinations. Even with this breakout, there is probable scenario of seeing a lower low.
The below chart shows the bull flag potential with price traversing within downward pointing parallel lines. This is labeled as red abcde and almost all waves are near completed. The long term support could be touched once more or temporarily pierced to place the final E wave. Since C did not touch the lower support line, E is likely to do so and this would cause that lower low eventhough price broke out of the yellow and blue wedges. Let's see how the corrective price action plays out today.
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Can we get a list of the 36 corrective combos?
of course not, because most of the scenarios are bearish and Haejin only fools people by posting the bullish scenarios. Talk about misleading as fuck....
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A lower low is probable. I agree. The lack of movement in volume specially worries me. We might need to go slow on buying.
Nice post @haejin indeed of this post for every one Who are interested in cryptocurrency.
I definitely resteem this post
Thanks for sharing update @thabiggdogg
We can only hope eth follows.
Will do but needs to drop some more. Next week or so.
Bitcoin success 100%, good job
thanks for this post ... i quess is time to inveest
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This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you. Haejin wouldn't be flagging me if I wasn't telling you the TRUTH. He doesn't like me telling you the TRUTH.
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Great post !!
Please can i know the reason why they are deducting my earning
What do you think about this analysis?
thanks for technichal analyst....
i hope BTC rebond from line low support to top line resistance... and next day go to moon.....
i think BTC have a broken dream but December 2017 BTC is beautifull dream... i hope fast recovery...
thanks for sharing...
Regards,
@feryza
Don't rush yet into buying, a lower low is on the way
If there is indeed a 'lower low,' I'll use that as the opportunity to Buy The Dip! But...it seems like there keeps on being dip after dip! Hopefully in the near future we will see a little bubbling on the charts which will wind up with some nice upward motion. Thanks for the information and perspective. -Respect
ha! yeah I'm done putting new money in on dips until a confirmed stronger uptrend. Learned my lesson over and over. I'll put back in the money I day and swing trade with on dips, but nothing new for a while.
I'm mostly done as well...I must admit that, depending on where these dips are, I will be buying a little bit more Bitcoin and Litecoin tomorrow as it's payday for me. Then after that I'm hoping I can ignore my crypto wallets for a while and have a nice little surprise when the weather is a little warmer here in Boston. -Respect
I see a Potential target of a breakout of the flag. I expect a big movement in volume sooner than later. Thanks mate, for your analysis.
I have interest in digibyte (DGB). Can you do analysis on it? Or have you already. I am only a few days actively on here.
Thanks beforehand
Volume is dying, no impulse waves up. More realistic double bottom at 7700$ or one to one 5th Wave at 7450$, 6000$ scenario still in play. Read more here: https://steemit.com/bitcoin/@linko-crypto/bitcoin-btc-double-bottom-at-7700usd-or-one-to-one-5th-wave-at-7450usd-is-6000usd-scenario-still-in-play
i like it your post
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This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you. Haejin wouldn't be flagging me if I wasn't telling you the TRUTH. He doesn't like me telling you the TRUTH.
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About bitcoin... do anybody knows anything about BCD BitCoin Diamond? I spend lot of money investing on that crypto but all wallets are suspended! Why? Why I cannot take my money out?
I contact them via email or social media like Twitter but they don’t responded. On google you can find lot of information that’s BCD is a scam so now I don’t really know
Steady and extraordinary your post, thank you for sharing
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This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you. Haejin wouldn't be flagging me if I wasn't telling you the TRUTH. He doesn't like me telling you the TRUTH.
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Yeah I also think we are not out of it yet. Still another low probable to lower $7Ks. Right now it's just fluctuating around $7800-$8000. I think maybe next week we can begin to expect a decisive price movement?
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This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you. Haejin wouldn't be flagging me if I wasn't telling you the TRUTH. He doesn't like me telling you the TRUTH.
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I come here not to look at his TA instead the funny stuff that get flagged...lmao
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ZodGGARA BYUNGSHIN!! Kkkk
What do you think about this analysis?
Kga Bool Ji Mah! S.O.B.
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