SUMMARY
NOTE: Let's Take a Bite Off a Troll!! Has your comment been downvoted? Do you have Steem Power? IF we generate 1,000 engaging comments....the -18 level Troll has NOT the firepower to downvote all! Look how powerless and useless this -18 Troll thug has been already!! His actions only give cohesive strength to the followers of this blog! Alas, the dense, obtuse minded troll has not the intelligence to conceive this.
I've been upvoting those effected and will continue doing so! Meanwhile, consider adding Steem Power as even a Level 35 with $500 in SP can sting a -18 with a downvote.
Bitcoin (BTC) Evening Update:
The below chart shows a potential fractal of price swings. The white circle contains three arrowed lines and the blue circle outlines a similar fractal. It would be interesting to see how overnight price behaves. The lower white line of the triangle needs to hold against decisive breaches. As a support or resistance is touched, each time weakens it. Most often, the support holds longer than the sellers' stamina; however, they do at times get breached.
I've included multiple support zones, three of which interect the wedge pattern. The fourth aligns well to the apex. These support zones could be use to establish rungs for the first ladder buy zone. I strongly urge laddered ladders! In other words, the wallet of available cash can't be emptied in the very first ladder. Use of multiple ladder zones is most ideal.
Legal Disclaimer: 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.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
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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:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Thank you Haejin Lee for sharing this good info for us. Hope you get happier everyday
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i hope you are well
I AM.
Thanks.
Good to hear thanks for everything!!
That s why an absolute democracy is dangerous. The only downside of steemit....
Hello good evening hope everybody is well after this fall ...I would like to ask if this is still a healthy correction and lets find out the unhealthy scenario !!! I AM VERY CURIOUS TO SEE WHAT IS THE SENTIMENT ....
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Thank you!!! again and again!
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honey badger
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i never heard about Elliot Waves before this, and i really want to understand more. Thanks.
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Take a look at the free tutorials at end of blog.
@haejin
charted this an hour or 2 ago, before i came and checked if you had seen something similar, is my count right to confirm the Ending Diagonal and if so, is there just one more lower low to come??
Also is my understanding correct, that after this lower low, can it be either Up or sideways?
What keeps hitting the market in the negative?
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I just asked a question. ‘Tis all...
I always assumed the market ran on pure speculation? I figured some devious billionaire was playing with my emotions.
Thanks for the BTC Update 😁
@berniesanders Don't flag...
haejin and berniesanders please support us on steemit...Make friendship please...berniesanders and haejin both are good...
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Bernie, check out my material. I'm a crypto analyst specializing in Elliot Wave Theory. Please consider following me if you are looking for original content as I believe my Youtube and Twitter is the most unique channel currently out. I currently have 80,000+ followers on Youtube, Twitter, and here combined where my goal is to help improve the crypto community. I hope it'll add value to your crypto career through my enthusiasm and love for crypto.
https://steemit.com/bitcoin/@philakonecrypto/btc-bitcoin-feb-5-3am-update-elliot-wave-arguments-deduction-targets-bull-and-bear-scenario
https://twitter.com/PhilakoneCrypto
https://www.youtube.com/users/philakone1
Lol. Do you not realize Bernie is literally shitting all over TA with the comment you replied to?
You really missed the point here.
what man!!!!
I am somewhat new to TA but I made this analysis, we could be doing a reverse symmetrical triangle correction right now
I've rarely seen a broadening patern for B wave.....
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good post thanks @haejin upvote and resteem
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Good job @berniesanders
Shut up, sycophant.
Nice analysis.
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You are trolling. Pls stop.
Best of luck with your reasonable request.
Dude If it wasn't for you I would have wasted my money A LONG TIME AGO!!!! thanks for the analysis's!!!!!!!
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I know news will arrive to justify the forecast (not the other way around). Wonder if the below has been or will be the news to push prices lower ?
http://www.bbc.co.uk/news/business-42940728
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I am mildly unconvinced that particulalry at this stage of Market manipulation ( Tether/Bitfinex) that Market Trends can be extrapolated into the future with any degree of success.
That said it is interesting to apply techniques to the data and to see what comes out in the wash. I do like the >Laddering Tip, it is a very powerful strategy even or particularly against Market Manipulation.
Keep up the interesting and good work.
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You are entitled to your opinion, it is perhaps discouraging to credulity to see you waving it about so vigourously.
good analysis
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Information is good but someone spamming by doing same type of comment. @berniesanders take rest and give your valuable feedback instead of spamming comment. @haejin thanks
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why bitcoin drop untill $10k ?? please reply
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@haejin How about this?
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@berniesanders what happened to this agreement?https://steemit.com/forthepeople/@berniesanders/an-agreement-has-been-reached
Why is this fight (or whatever) starting again? Aren't your actions going to drive away new users from Steemit?
"Aren't your actions going to drive away new users from Steemit?"
This doesn't seem to be a concern for the Communist Flag party.
Not a chance..
i bought more BTC, fingers crossed !
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Thank you for all the info and help.
Im a little confused with what is next....
If we are sure the bitcoin price will go down then should i sell my holdings and then ladder the lader of buying as sugest for a better entry price?
Or if I made it so far should i just hold the BC as long term and wait few month?
I hope the community will outcast this annoying troll, it makes this a pain to go through the comments when this troll just paste his poison every comment.
You are doing something Good, not just Good but successful Trolls are great feedback as only good bloggers with tons of followers attracts them.
If trolls are a measure for success you are doing Amazing!!!
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bernie you douche
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Thank you for your effort Haejin! I follow your blog every day!
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I already emptied at $9400. Considering selling and re-buying at those support zones. Some other posts (including your previous video) talk even of possible lower than that.
If ZEC is heading twards 0.3 btc (Per your analysis) would it be wise to exchange to zec during this hard time for btc? thanks
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what is wrong with berniesanders? if we take out our earnings does that mean we dont support steem? i dont get it?
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I think the price of the bitcoin price chart has ended in price decline. but its market name will be difficult for us to predict.
if according to friends here. how the development of bitcoin prices
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btfd
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@Haejin I am wondering, if 21K downvotes from @haejin Followers would be enough to send @berniesanders to oblivion.
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The price of Bitcoin today is still higher than it was just three months ago! In a long term view, Bicoin is still climbing. Forget about these short term ups and downs. If you are a short term investor, you need to get real
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Two dogi in a row at bottom of downward 5. Looking good.
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no matter how badly the market plummets, everyone just needs to remember, the cutting edge technology that is blockchain is undeniable, and it's here to stay.
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Good luck all friends.
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Thanks you for the daily updates and analysis. I appreciate the knowledge gained.
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좋은 정보 얻어 갑니다. thank you.
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I'm commenting to receive my downvote. Thanks for your time, Bernie :)
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Thanks for your post
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Hi Haejin, thanks for your help with your technical analysis. This is my Elliot count for this correction ABC. I have seen a WXYXZ correction on C wave 5 with a strong support at 6500
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I resigned my job and will do something related to block chain.
Even the price is down and down, I am holding it with confidence and belief.
Always thanks to your sharing!
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thanks for all the help.
Bernie sanders is a douche
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Thanks a lot for the update
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Haejin - if you could upvote or resteem some of our posts - it would give us little fish more firepower. Especially those of us who are new at this. Thank you.
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Troll.
Just bring it down to about $20 so i can buy a shit ton of them. Lol
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Lol. You are doing great
Thank you!
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https://steemit.com/blockchain/@haejin/ripple-xrp-projected-to-make-tsunami-profits
25 days ago you were calling that the bottom was nearly in. The correction nearly over and that XRP would make quote “tsunami profits” imminently with a projected correction bottom ~$1.50.
Now that that’s clearly been disproved you are calling for it to go lower and saying that there will be a hurry up and wait scenario.
https://steemit.com/ripple/@haejin/sdqsxa6v
So which is it? Your calls contradict each other. If you knew that hurry up and wait afflicted altcoins why were you calling for the correction to be nearly complete 25 days ago when the correction hadn’t even gone for longer than the impulse waves. Are you just making predictions for the sake of posts? Because it seems you are just writing whatever. Whether against your philosophy or not.
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@haejin Can you do giveaways. It would be a nice way to attract people for yourself and a way to give back to your followers.
I am sure it would benefit you more than anything else anyway
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Gossips about kevin
Also a great few things to keep in mind THE MARKET IS DOWN BECAUSE:
1.)India is on the verge of an all out crypto ban! However they welcome the blockchain technology and see the potential. They still see cryptocurrencies as scams, trash, a threat. You take a pick at why they wouldn't want them regardless to them if they don't want it then its as simple as that.
2.) South Korea just ended its anonymous trading on the 28th of January there's AN ENTIRE COUNRTY trying to get verified on the local exchanges. I'm sure that the traffic might cause that money to be gone from the market for at least a couple weeks! (Keep in mind South Korea is one of the biggest participants in crypto along with Japan)
3.)SEC is imposing new regulations and having whole hearing dedicated to crypto's soon and new regulations always impact the market negative. (I know the last one wasn't as big as the other two but I felt it still held a place here)
If you enjoyed this please checkout my breakdown video:
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India is just regulating, not banning.
South Korea will re-stabilize as people get new accounts organised.
Governments are always changing rules, as they want to ensure they get a piece of the pie and tax everyone.
I think the FUD will run out of Steam soon and market sentiment will return to a positive one! :)
Happy profits to all..
Why was I flagged?
La imagen de los peces me gusta bastante.. es ballenas abusadoras deben ser terribles. Espero que el BTC vuelva a subir pronto parece que en el segundo trimestre del años volvera con mas poder
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Downvote the shit out of this comment because i am grateful for all the work Haejin is making.
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I really like your posts. Thank you for the information
@haejin
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Congratulations @haejin, this post is the second most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 38 and the total pending payments to posts in these categories was $4026.84. To see the full list of highest paid posts across all accounts categories, click here.
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ouch
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