SUMMARY
The correction is more clearly taking the ABC pathway as shown in below chart. The blue circle represents a cluster of support that should represent a god C wave spot. Remember, corrections are healthy.
When defining the ZigZag subwaves, the A has five, B has 3 and C has five. Note the white five waves for red A, the three abc for red B and the projected five wave down for C.
Ethereum (ETH) is also continuing it's trek towards completing the red C wave of the ABC correction. For now, I have it at the 0.618 Fib zone for the C wave target; however, it could be the 0.5.
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thanks for analysis of btc price, can I have yours of COB as well?
Haejin, I love you.
Aw, that is so sweet!
@haejin, I love you
Yea agree with you .
👍
Definitivamente todo va conforme al análisis, la resistencia marcada aun es muy fuerte ara poder superar los 10K, esperemos que con la siguiente corrección pueda agarrar mas fuerza y pasar los 10K y buscar consolidación por encima de los 10K.
Really you are so brilliant @haejin, but you don't care about other, life is special and we all have alot to achieve okay boss..
So up after this?
Hi, Haejin gives no answers, he only does a TA using technics like Elliots wave counting. Good or bad news, emotions, new launches of coins on exchanges or new exchanges etc. are not taken into account. Time to visit another blog?
This isn't really true. Haejin, like any good analyst, usually produces a primary projection and at least one alternate probability, if not many. Those projections don't always have buy or sell targets, but the direction resolution is always included, no exceptions. If he does not indicate a primary direction resolution it means he is waiting for more information or there is not enough information to discern which way the breakout will go. In my experience this is less common than the direction projection scenario, at least in haejin's posts.
When you do a TA for 10 different coins per day, there is always something of truth, after all, nobody checks this afterwards. if you have to earn your money with it, this makes sense. Adjusting the expectation is logical, but not on the basis of a few hours, that is more "go with the flow."
I myself still refer to the prediction of March 17, 2018, and compare the progress so far.
But I do not see an answer to your Haejin question, so I'll give it to you:
Nobody knows, because then you would be very rich and have better things to do than posting on SteemIt ;-)
By the way, my prediction through linear interpolation is that Bitcoin will reach $10K at May 10 or 11. No rocket science.
how about looking at my past posts...and I do make a forecast..based on 35 years market analysis..see if my calls have been accurate..without wave counts and 10 charts per day. thnx..
You see Bitcoins goes up, not down, and now... just admit we do not know what is gonna happen, to be honest, it is just a guess
ID name is@sujanbarua1. But yesterday this account is hacked.... ,, This ( @tommisetiyawan) person hacked my friend's ID. Please Can you help him to get his account back???
He ( @sujanbarua1 ) is my friend. Please @haejin, try to help my friend to get his account back...
Good~
Yes. I Agree.
thanks for the analysis.
Yeah, Thank for good forecast :-D
Great update; let's see if the golden ratio holds up on this impulse, the subwaves look a little strange at this point but it does jive well with the larger picture.
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ZigZag means move down?!...:)...
bro!!!, thanks for the sharing, do you recommend to hodl????
Or just make the statements of Warren Buffett and partner Charlie Munger ridiculous and turn the news around and up we go
https://steemit.com/bitcoin/@goldmine2018/warren-buffett-and-partner-charlie-munger-appearing-like-flesh-and-blood-versions-of-statler-and-waldorf
Haejin,you are great...I love ur post..
Thanks for sharing all the information nd updates..
The price will come down to touch the trend line and then back to the top again
The price rebounded from the trend line twice ..
We hope that this time again, too
.
Could to add price to your charts ? a Y axis would provide More information cheers
was thinking the same do you think the same for ETH and LTC? when do we know it's bottomed?