SUMMARY
Bitcoin (BTC) day time price action meandered as shown in below chart. However, I've laid out the white sub waves and the target of $10,254 still holds.
This $10,254 target is equal to the below purple wave 3 and the wave 4 would be where the correction destination would be. So, it could be a $1,000 correction or less. So, BTFD! Anyone who has no cash left to BTFD, watch the video on what to do.
Bitcoin Cash (BCH) is making symmetrical triangle fractals..bullish!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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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.**
So you don't expect BTC to correct down to a range of 7500-5500?
I see a lot of people stating that once BTC passes $10K, it will correct and it could correct all the way down from a range of $5500 on the low end to $8200 on the high end. Looks like you charted out a correction as well. Buy the dips!
still seems to be consistently bullish which is great news. It’s been quite a trip over the past few months and by the sounds of it, we still have some way left to go!
If Bitcoin go to 10,200, BCH go to more down, maybe to 1450dlls ....or less
And you base this on, what? Nothing?
This is the opposite of what has been predicted and what will happen.
Hi, Heajin. Nice analysis. However, I have a question regarding the wave number. Many of Elliott Wave analysts consider it is V wave we are coming to but I notice that you wrote it is III. Could you explain what your analysis on that? Thanks!
Haejin combines Elliott wave counts with chart pattern recognition, to achieve far greater accuracy. Please review the tutorials at the bottom of the post.
Sure I will. BTW could you give me the time frame for wave I and II that he counted? That will make it easier to understand.
Time scale is at the bottom of each chart, X-axis.
Meanwhile I wait for your answer, I will look up if there is a post that gives me a clue. I just found your steemit :P
What a Good News. .
THANK YOU
Thanks Haejin so BCH/Btc is still short term .31? Blessings!
Great update, thanks!
Thank you. Your dedication is inspiring. What motivates you to help others so much?
https://steemit.com/crypto/@cryptowill/looking-for-a-team-i-need-your-help-designing-the-next-great-thing-in-the-crypto-world
well post thanks for shearing
safe travels!
Haejin, how can I keep cash on hand when there are so many deals right now?
Also, have you done a profit taking video yet? For beginners?
https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial
Thank you
I really appreciate all the wisdom that you deliver. Safe travels!!!
2018 the trillion dollar question will be awnswered by 72000.00 dollar BTC
27000 first then lightning strikes.
Thank You Kindly
I appreciate all of your posts, my friend. Thank you.
i finally got approval of steemit account! wow that was long, but worth following Haejin the Guru
Great info! What do you think about Ripple? is it going out of the bouncing routine? Thanks!
thanks again haejin for your great videos. i hope i can start to make the big move soon. take care!
Thank you!
This was good - I missed the bus of EOS and now is a good thing - I have cash on hand. I'm the silly trader. 🙈 😂
very helpfull again Haejin, thank you!
Beeing fully invested is not a problem to me at all because to BTFD Bitcoin I can use a pair like ETH/BTC or NEO/BTC, depending which alt is more profitable at the moment. So I don't need cash at all, I just allocate funds from alts to BTC directly and I pay the commision just once.