SUMMARY
Overnight prices seem to be putting in a flat pattern. It's a consolidation, re-grouping pattern that allows BTC to collect enough mojo to breach the blue line resistance. That resistance must be taken down. More details in the video!
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
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.
Your videos are great, but can you please turn up the sensitivity of your mic? I'm having a hard time trying to hear you. Thanx.
Thanks for letting me know. I've been trying to record on the road and qualtiy of audio was on and off. I'm now back home so the next videos should be fine.
@haejin, thank you.
Are you still 50/50 or did that change?
It looks like you are posting more bullish videos then bearish.
50/50 still
The blue line resistance needs to be breached.
If it turns tothe bull side, will you wait till the wave 3 top is in, and then ladder in on the wave 4 pullback? Would you expect a pullback to the blue line in that case? Probably too early to tell, but thought I would ask.
If the upper blue line is breached and thus becomes support, I'll ladder at that point. That hasn't happened yet.
Many people are waiting to see the China movement. This means the bitcoin go down, but what is interesting is the fact that Bitcoin is too high to go down because China want this. Keeping bitcoin for long term is a smart choice!
Yes, holding until Wave V makes sense.
BTC is falling hard!
It's better to be out of the market wishing you were in it than in the market wishing you were out of it.
Very strong consolidation on the major tokens right now.
Consolidation to continue down again to BTC $2400 or so....IMHO.
Hi Haejin,
your post reassures my ladder down buys for BTC. All the way down to $600
$600 wow that will be some crash !
BTC at $600 would be a gift from the GODS!
Hope to convert $100k into BTC on this coming crash.
I am ladder down buying at $2200 all the way down to $600.
Hope to get $100k of STEEM under .75 cents ladder buys down to .25 cents.
The $600 ladder might have to wait until Wave V is complete and the real BIG ABC correction. :-)
I am as patient as a spider; my ladder down web is set.
You back home yet?
Be well...
Yes, back home. I like your patience!
Nothing but time for me.
thanks for sharing keep it up
Sorry... nothing bullish going on right now
Thank you for the update Haejin :)