Bitcoin Gold (BTG): WXYXZ Combination

in #bitcoin7 years ago

SUMMARY

Bitcoin Gold (BTG) was requested for an update. Whenever price moves sideways, as you can see in the below chart, complex Elliott Wave correction is most likely. As price moves sideways, it eats time and that is quite amenable for the Altcoins which process corrections very, very slowly. I've labeled a triple combination wxyxz and its subwaves. Per the count, there is a lower low expected to complete wave 5 of c of Z at around $118 or so.

More can be learned about Combination Structures.

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
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?

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Thank you very much for the update @Haejin! How about an update on BCH? Also, I dont think you have ever analyzed Z-Classic (ZCL)? They are on the cusp of some big changes with the metamorphosis to Bitcoin Private..

Can anyone recommend an alternative to Tether/USDT when I want to protect profits before a dip. I recently read that Tether was hacked for 31 million. What do you guys use that’s backed by USD and non-phasic with BTC

We're getting killed out here BTG is going down the toilet

olivers-wilde you are a fucking idiot. Leave steemit you douchbag shit factory that deserves to not be alive.

This account is for sale, for details go here

One time offer to shut me up for good or use this account how you see fit.
I am cashing out of steemit.

sure they will give you money.... go and learn to love something beneath money

Articles of this kind makes me stay in steemit....looking forward to read some more great articles like this from you, for that I will follow you....Keep it up...@haejin
cryptocurrencies are our future...

Complex Corrections leading to missed directions...next stop...UP!

Thanks for your valuable and informative post about crypto,treding.It is a new message for all steemians.
We can gather a lot of information by your post.
By dint of we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks .

Your analysis are quite technical.

Muchas gracias por tus análisis

Nice bitcoin update 👍👍👍

Great artical bro😎 I will upvote and resteem!!!
Thanks for sharing...
IMG_5312.PNG

Thanks. Resteemed and Upvote !

I wonder if bitcoin gold will be good this 2018?

im following BTG for long term

I've been using Bitzfree to do some cloud mining of BTG. If you make a little investment in the hash rate. It does pay out. https://www.bitzfree.com/index.php?ref=Y2ZuZn11YXVhb2JjaW9AaWJtZ2ws

SO DO YOU REALLY INTERACT WITH COMMENTERS OR IS JUST BS

He interacts with people with intelligent responses and their own technical analyses. Not to shitposters with links to a crypto analysis elsewhere or responses to butthurt soyboys

Please update ADA too

Is there a problem

Cool on bitcoin

I enjoy your technical analysis. It is sometimes true and sometimes not. When it is not right, we cannot blame anybody, because the classic tools cannot predict the nonlinear behavior of investors. John Maynard Keynes who is a distinguished economist believes that people’s decisions are often based on whim, sentiment, or simple chance.
So we always should expect the unexpected!

Very cool. A little out of my price range.

I've been watching IOTA - A super great coin, that has been struggling because of some overhyped bad news while a lot of good news has been happening in the background.

I drew the lines and counted the waves and I'm thinking it will bottom at between 2.20 and 2.25. Seems lower than I would naturally think as that would test an established bottom at around 2.31, but what do you think?
I'm definitely going to buy in while it's under 2.50.

Thx for TA. Anyone wanna some free tokens via airdrop check my blog!

helpful topic , thanks

A debt of gratitude is in order for your important and useful post about crypto,treding.It is another message for all steemians.

We can assemble a considerable measure of data by your post.

By dint of we can build our aptitude that is valuable for all steemians.

I will dependably visit your site and sit tight for your up and coming post.

Much appreciated .

I see lines, @haejin sees a picture

Could we please get an update on DGB? tyty

excellent very valuable information! I invite you to visit my blog, where I leave analysis. Regards
https://steemit.com/bitcoin/@cryptomet/ubq-btc-60-profit-potential

I really like the idea of asic resistance, i just wish btg didnt have such a bad rep

This account is for sale, for details go here

One time offer to shut me up for good or use this account how you see fit.
I am cashing out of steemit.

use this link to get upvotes on your post- https://steemfollower.com/?r=10758

Man can you look that post . i really tired running from your between. its not racism or insulting all the world saw this and they made comment its not racism or anything. get back that flag and l never type to your one more time i really tired. you and your followers flagging all comments and posts. i saw atleast 40 post/comment got flag without reason. Really tired man get back flag and let me continue to my work. You are powerfull guy why u re making wall to new streamian why. i didnt any wrong . why making you killing my more than one month work why. Get back that flag. Really tired

Your double W is testing 4-5 times same support. In other statement you told that this gets normaly weaker and weaker this support. What we got now. Why you flip flop your views? I dont get such behaviour...

Everyone please stop feeding haejin money! if you say that ten coins will rise a day obviously your going to get a few hits in this lucrative market. He makes multiple posts a day accumulating over 300 dollars a post. We need to stop feeding him money because all he does is decimate the reward pool and doesnt care about steemit or steemians! NO MORE HAEJIN