SUMMARY
Are you not impressed by the move of BitShares (BTS)? This baby is currently at $0.72 and since my initial recommendation at $0.045; it has climbed 1,500% PROFIT!! To those who have shared in this MASSIVE profit ride, CONGRATULATIONS!! MUCH MORE TO COME!!
Below chart sows how the ascending right triangle decisively breached the upper line and is now relentlessly climbing. The next target is $0.91 and then $1.06 or HIGHER!
Note how the volume declined to a trickle as price approached the apex (the point where the two lines of the triangle cross). This completed the Bullish Ascending Right Triangle pattern. The rationale behind this decline in volume is based on the decline of overall sellers. As price approaches the apex, the degree of price movement contracts because the sellers are getting exhausted. As the Apex approaches closer, there remain almost no sellers except buyers and that is what explodes the price!!
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:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
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.**
Excellent insight. Thank you for continually pointing out the details for new comers, such as the volume indicator. This coin is making MANY followers VERY wealthy!
Bitshares is going to dominate this year. The Graphene high performance blockchain was the correct choice. Dan Larimer is a visionary, a brilliant man. I will continue to participate in anything he is involved in. Good job haejin for catching this one.
Happy to have gotten in around .05-.10 range!
Dan is not only a genius, but his heart is in the right place too. He deserves a lot more praise than he's currently getting, hopefully that will come with time :) I'm with you on supporting anything he's involved in!
I'm buying some BTS now!
Yeah me too... BTS gogogogogo !!!
Excellent! Welcome to the Bitshares community
:-)
Is it too late to invest into BTS and what prices do we think it will reach?
It's not too late. I am earning with BTS even if the price doesn't go a lot higher (I think it will, though).
It is impossible to tell how crypto will be priced in the future. The best thing is to do your research and make informed purchases. The Market Pegged Assets feature of Bitshares is one of the reasons that I think it will do really well in both the short term and longer term (over a year out).
I just bought BTS!!!
would love to have gotten Bitshares at 0.04. Sadly late on the scene but prediction this could go high. What other projects is Dan involved in, i know steem... and i think EOS?
I think Bitshares, Steem, EOS and he did something with the Eristica people. You can check their website...
That's for sure. Bitshares is a very long hold for me. Fantastic opportunities.
The BitShares run-up has been nothing short of amazing!
I got into Bitshares primarily because I could buy it with Steem. Glad I did!
Bts wowbaby!
Started buying at .37 all the way down to .048 and back up again to .75. I am all in on Bitshares :)
Hey Tony, great videos! Which platform do you buy BTS from?
You can't buy BTS direct. You have to buy BTC or ETH etc and send to the DEX or buy BTS on Poloneix or Binance and send to the DEX.
The way I got started was to use @blocktrades service to convert the Steem Backed Dollars I earned here into Bitshares. I'm still doing that, but I use OpenLedger if the SBD gateway is up and running (sometimes it is down).
It's gonna be a great year!!
The distrust of centralised exchanges is more tangible than ever. Lots of negative posts re tether trex polo etc, etc . Polo now going to be forcing verification, US taxation laws and whatever comes next. Very soon everyone will be actively looking to avoid trusting ANY entity to trade their coins and bitshares has been quietly sitting there getting ready for years.
Could go nuclear!.
#Notrusttraders < not a hashtag but probably should be.
WOW??!!
LOL, that one really hits
Bitshares is a gamechanger and I am fully in on this ride. Just wonderful stuff! Thank you!
Could you please do an update on EOS?
Thanks, sold @ $0.87
@haejin Please suggest us another cheap Coin wich can grow as well
all cheap coins will grow, depends on how long you gonna wait. @Haejin chooses those coins that have low marketcap and it's pretty easy to say it's gonna grow, then apply as he wants his theories and make predictions.
tommixoft, Haejin recommended Spreadcoin which did nothing for eons and look at it today. So many cheap coins just flounder. Haejin is the real deal with his TA>
Agreed I bought SPR a while ago and waited patiently and boom now look, it really wasn't that long of a wait!
You waited it out!?? MAD PROPS TO YOU!!!! The PATIENT WIN!
thanks
Really? All cheap coins? Show your work please.
Scarlet, how can we find more BTSs?
Buy from bitshares.org
Find the terminal end to the correction phase. Extend your analysis into the future following the rules and patterns laid before. There are a whole lot of coins that will earn you money, but to find a BTS is to repeat the steps above until you find the needle in the haystack. There are many sharp objects in the haystack, but there are very few needles.
edit: I forget two of the main ingredients. Confidence in your analysis, and the patience and awareness to avoid the fear that comes in the times between the seed being planted and flower coming to full bloom.
Ok thanks. I see these trolls and cannot believe that it's happening here although there is the risk of getting the reputation cleaned up.
Please explain "All cheap coins will grow". There are many that are no longer around or worthless no matter how long you wait.
@haejin, yes I would be interested in finding more low cap small coin with breakout potential based on technical analysis
I bought both BTS and XVG on your recommendations. Glad I did. Thank you Haejin!
Verge down quite a bit today (25%), I could have sold at a slight profit yesterday. Oops, hodling now. :) BTS and IOTA both popped up today, the latter up 20% in past few hours!
Big Iota holder as well. Good choices!
I read somewhere that it is possible to earn extra Bitshares if you leave them parked or lease them in the Bitshares exchange, does anyone know more about this?
I got a practical question : On bitshares.org you can buy bts for usd (bit.usd actually). It's a decentralized exchange, I'm wondering if it is worth it to get there with btc, convert in bit.usd, and then buy bts. To withdraw just the opposite, bts to bit.usd to open.btc then out. The point is you have to be verified to deposit/withdraw usd and put your information on too many exchange is maybe not a good idea, the threat of stolen identity is real and that's a huge problem (not saying bitshares.org are not legit, but they can always be hacked, like every other exchange ...). Too much exchange have my ID, picture and address, I do not really like that so how to know some place is really safe ?
Deposit BTC to bitshares BTC address.
You will receive openBTC, through openledger.
Buy BTS with openBTC, there is a trading pair.
BTS is the most fun you can have in crypto, and decentralized, so it is Not like every other exchange.
If the partnership with Arisebank comes to fruition, no verification.
define fun
Thanks for replying and advice !
Using BTS make sense on this exchange even if some coins are like death coin on it, the gap between ask and bid are huge. Just got there a few days ago, maybe after hollyday it will wake up ...
Another question, why fun ?
Sometimes that price gap will swing in your favor, but it will always level out.
Too bad I missed out on this one. I’ve only just found you and Steemit! Looking forward to investing based on the knowledge of this community in 2018.
Don't let the flame and flag war deter you! Please PLEASE review the tutorials and lessons at the bottom of each post to catch up as quickly as you can, and see what exactly is being implemented here.
Right place. Welcome.
Excellent pick, wish I️ would have found you prior to .40 but a win is a win.
@Haejin I love you for this
Seriously. My many BTS accounts have grown immensely! I hope you are well my friend @cryptosuf!
I am well and its been a while since we spoke! whats up?!
Happy holidays!
I hope everything is well with you too. How is that basic income thing going? I would like yo read up more about it. I was a little confused when you introduced it to me before but I do see them upvote me which is cool and I thank you very much for that :)
@scarlet7
Sure thing. I have been too busy to check their updates, but maybe it will be a success and those upvotes will start holding some good weight! Now that STEEM is gaining value so fast, its a catch 22 with that thing. Pay more to get more shares and more people in, or reap the small rewards and wait for lower prices to pump more into the payouts....choices, choices.
Been buying bts for a while. And your predictions are always flawless so I'm not surprised that we keep hitting your targets.
hi @haejin! What's the price target in BTC instead of USD? Great job so far!
I remember when Bitshares was trying to break the $.15-$.20 cent mark. Good times.
Those were the days.........the days last month......yep......those were the days last month!
I really hate to downvote. I really do. but as long as YOU feel like downvoting me I will return the favor.
TY for update @haejin on behalf of fellow steemians on ♨ steemit. We of course have been following and counting and pattern recognizing this Larimer project Dan left under Stan's direction #BTS🚀🌃🌌✌😀
Only mistake I made on BTS is not buying more!
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STOP
The only thing I regret about buying Bitshares is not buying them soon enough. Still, I have a decent sack of them for what could make a good basis for doing much good in this world.
Thanks Haejin!
Check my blog I also write TA could be interesting to follow me.
good optimisim well deserved
wao good thanks for share that
Check my blog I also write TA could be interesting to follow me.
I just published content this morning also, it's good news for all us steem holders.
very nice this post..thanks for sharing this post..
@Haejin , can u please do an analysis of GRX
Nice post. Thanks for sharing
Wow awesome profit! You're analysis and recommendations have been very accurate. I look forward to reading more of your analysis to come!
Haejin I have been learning from your analysis for past month and I must say you have helped me secure profits and learn technical analysis a lot. Thank you and plz keep doing it :)
Great TA, much appreciated. For future occasions, would you mind adding a BTS/BTC analysis alongside the BTS/USD chart?
Goblet of Wealth
I hope it corrects soon, I want to buy more BTS! ;)
that chart probably more complicated and its not going as per his waves .... and theres not 1500% gain... :)
well it's done 1300% for me and I was a bit late the haejin hawkeye club so I'd give him the 1500% and go back under your rock
sorry noob... cant do that :D
as u buy bts u sell btc... so all the % gains or losses on top of btc... not usd
You really haven't thought that comment through have you.
Nothing quite like ignorance to really show itself off.
Since 18th Dec BTS up 176% against BTC
yes... bts is up i am aware of that... buying it since september ... you are using your brain too much, give it a rest... its not 1500% in btc chart which is the defacto for alts ... not even from lowest point ... its 5x since october ... give or take
Your whole outlook is facing the wrong way. good luck with your trading.
You can buy bts for usd on bitshares.org ...
lol... how will u get usd in bitshares exchange ? :D
You can get open.usd, there is open.BTC/open.usd pairs. Then you got to be verified to withdraw USD or just change it again for another crypto and withdraw (list on withdraw/deposit page)
Got in at early stage, wish I had 100K as you suggested. Thank you so much for everything!
Try BitShares exchange to sign in here: https://wallet.bitshares.org. Fees are microscopic $0.0093 fix fee per trade at the time of the writing, AWESOME!. You can also check my blog and follow me. I write TA also Check here: #5.
Could you please analyze bytecoin?
Check my blog I also write TA could be interesting to follow me. Check my to analysis #20 and #23. I can answer your questions in comments there.
You already did the same chart. Why duplicate?
Repetition is the mother of learning.
Because the crying bitch Haejin earns a lots of money every day with the same prediction. This is the business of the year 2018.
You're mad because you live in your mother's basement lol. Stay broke kid
After reading your BTS posts in the past few months it became my favorite coin, taking the place of Veritaseum. I'm really looking forward to seeing this coin at much higher prices this year.
Try BitShares exchange to sign in here: https://wallet.bitshares.org. Fees are microscopic $0.0093 fix fee per trade at the time of the writing, AWESOME!. You can also check my blog and follow me. I write TA also Check here: #5.
I think I am starting to fall in love with you Haejin (hahahaha). Absolutely amazing predictions and work, got in at 0.05. So excited about 2018 I cannot even tell you. Thanks so much again.
Every alt coins is going up now. You will lose your profits if you follow this bitch in the future.
Find some nice patterns in BitShares price 3 day ago. Predoction target had been reached and now is it goes parabolic?
Check here: #5.
You can stay tuned and follow me also to get even more trading Info. Haejin Rocks, he know the job well.
Bought a lot of BTS.
Some coin suggestions: FUN, MANA, SMN, ENJ, LRC. < All low-priced coins on Binance and interesting projects.
Great post, great technical analysis. Keep it up
Wish you and your family a joyful, bright, healthy, prosperous and happiest new year ahead! Happy New Year!
Thanks haejin, may you make massive profits in 2018, stay healthy and be happy. well done.
The bitshares blockchain is a great investment opportunity, even as it gets more expensive to buy in.
Yeah I'll still be buying in even when it's over $3.00. I'm in this for the long term. :)
Thank you @Haejin, I have learnt so much from you. Wish you all the best in 2018!
Thank you for update!