)
SUMMARY
Here is now a GREAT example of how News or Events arrive to justify the forecast! Yesterday, I reaffirmed the Bitcoin Cash (BCH) target of $3,333 and used the below chart. Look how beautifully the a,b,c,d,e triangle launched the bullish surge!!
Then later in the day, NEWS arrived about Coinbase listing BCH wallets! HA! Elliott Waves states that news or events shall arrive to justify the forecast....and that's EXACTLY what happened. Now, news and events NEVER move the price...PRICE moves the news and events!
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?
Follow me on Twitter for Real Time Alerts!!
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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:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
Hey everyone, we need to support @haejin by upvoting. He's having trouble with someone or a group of people who is jealous of the work he's doing here. All you have to do is a clicking upvote. He helped us a lot, now this is the time we help him. Thanx.
It is not jealousy, it is raping the reward pool, nobody would mind if he wrote 2 posts per day. Writing 6-10 posts per day and clearly using the big upvote on almost every blog is not an acceptable behavior. Steemit is about community, when one person drains 6% of the whole daily reward pool, another word comes to mind. Greed.
His intentions were never draining the reward pool. If you watch his videos from the beginning, you can see and understand how modest he is. He made people MASSIVE profits, and it's not his fault that the people he helped upvotes him. This is my personal opinion.
Modesty is not the point here, he can be the best guy on this planet helping thousands. The way steemit is set up is to decentralize rewards and spread them on the whole community, when a big whale upvote goes to one player, the rest of the steemit gets less. If one cake meant to feed the whole platform goes to few people then there is no community, there is a centralized system where only rich thrive.
What is the point of a community if it isn't helping people. Wealth distribution is a communist concept that is in direct opposition to a free market.
Are you telling me that the whales should be using their votes the way "You" or some other 3rd party collective decide to be used. Where has the NAP been breached. Under your logic we should be stealing (Sorry I meant re-allocating) concrete usage of China because they use half the world's concrete for some reason.
Oh and Fifty shades of Garbage(Grey) sold too many books and Star Wars: TLJ is getting all the moviegoers crushing the other movies in box office we should make things more balanced.
Give me a break you commies. Nothing that doesn't breach NAP is a crime. Period.
moon32walker. You are acting like a dictator. The market decides where the value it, not about spreading the cake the way you want it. Your post: The way steemit is set up is to decentralize rewards and spread them on the whole community, when a big whale upvote goes to one player, the rest of the steemit gets less
yeah guys, the market is more important than the people. The market needs to be our god and we need to worship it. If anybody tries making a decision without adhering to our god we need to attack them with everything we have
welcome to capitalism lmao
if his intentions were not that then he can decline rewards
It's a small reward he deserves for the thousands of people he has helped .
moon32walker. The market goes where the value is. Not how you want it. Bitcoin has a big market share. You think bitcoin should share its market evenly with the rest of the coins? You are kidding, right?
Baloney @moon32walker , He is using Steem as it was intended. Haejin is a great asset to not only Steem community, but his approach is an asset to humanity in general, in the spirit of helping to free us all financially. He is a blessing, and most of his followers have come to love his calm words of wisdom in his videos. He has a way about him that makes us want to upvote him, and we look forward each to his posts. Some of us refresh the page several times daily to see what he has to say next (yes, its true @Haejin, we love you!). @moon32walker you are using terminology that is hostile, and inappropriate in this case, therefore u get a small flag from me if I see it again, sorry. (It is also copied from a band of internet trolls of which you may be associated with).
If @haejin wrote 40 posts a day we would all be grateful, because each posts value far exceeds whatever small amount or reward he is getting. Also when someone is getting 6% of the reward pool and everyone is cheering him on to do more, it's not greed. It's called kicking some serious ass. The reward pool is meant to reward quality content. I have never found more valuable or higher quality material that has immediately benefited my life than right here.
His content deserves the upvotes. Thats the whole point of this. Dont upsvote if you dont like it btu he gets my upvote everytime
moon32walker. Every Haejin's post is valuable and each of it help others to navigate trading cryptos. Every post has tremedous value to others. Posts that is valuable is helping the community. Name me one post that Haejin has is not benefiting someone in the community? Ask yourself that.
Why are you not understanding that his 3000+ followers are trusting him and checking every post which is useful. For upvoting, Its upto user that if that is useful then you can upvote and not useful then just read and close the post. You can clearly see that 2979 views but 389 Votes. It Means not everyone is upvoting from his followers.
I've been following @haejin for a long time, until now i only upvoted articles i've read, but from now on i will upvote all his articles. Blame the system and not the most genuine analyst who is doing the work for many.
AMEN!
@haejin, please be ensured that we are not buying the fud. Keep up your awesome work!
We must protect @haejin
Don't forget https://steemit.com/basicincome/@steembasicincome/steem-basic-income-enrollment-update You can simply sent 1 STEEM to @steembasicincome with @haejin's name on the memo and both you and @haejin will receive lifetime upvotes. @haejin currently has 6 sponsors. Let's make it rain to the tune of 100 cuz screw the flagging commies.
samuraiselo. Thanks for saying that. I support haejin by upvoting.
~bitcoin cash rules everything around me, BC.R.E.A.M, get the crypto money - private private keys, y'aaaall~
bro are you supreme ? :D
Okay what have a done to deserve this blog
Why didn't I register sooner on steemit, this is fun!
First
NOOO! you beat me!
Can't win them all. Maybe you could setup some software to make the comments.
lmao ill take that into consideration
BCH was the only coin i didnt buy, but sold Verge
wanna cry haha
Hope Mana und Tnt will raise
Thanks for your analysis mate
lmao I know that feeling bro! everyone does it. buy the only thing that goes down. sell everything thats going up.. happens alot.
Ur right
But im doing crypto for 5 days now and im still 500€ in profit soo lets so what future gives :)
wow i wish i had bch, but i have btg
Have XVG correction at all?
Skyrocketing right now
Your prediction was right.. Nice work man!
@haejin You absolute legend! We need more of these short-term impulse investments.
Perhaps you could label your suggestions as ST or LT?
People are just jealous of your hyperintelligence brother. Keep doing what you're doing. I don't think you've been wrong yet!
Haejin thank you for this lesson...
L'EARN is my new motto!
So what's the next target?
Thank you Haejin
Thank you
Nailed it again (again and again and again.....).. I can’t thank you enough on ALL of this TA and EW analysis. Once again, Thank you @haejin. As always, Upvoted and Resteemed....
Purely genius!
You are a true master of your craft. Don't worry about the negativity of others. Your work speaks for itself! Thank You for helping the average person by educating and teaching. Any update on BT2?
Your post has been resteemed to my 3000 followers
Resteem a post for free here
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Good work @haejin!
thanks for your post. This post is very effective post because of its related to bitcoin and money.
Haejin has the best blog ever. If it wasn't for him, I wouldn't have joined steemit. He is helping a lot of people. He should be a source of inspiration for anyone wishing to make steemit a great site.
Thanks Haejin.
Clear the FUD. I support Haejin. Someone like moon32walker and others saying Haejin is raping the reward pool. That's is BS. Haejin helps so many people in the trading community and every post he's make has value, has meaning and not dublicated. That's helping the community. Can you find one post he has that does not help others and just help himself?
Great call Haejin, I profited lot from this call and sold BCH at the peak and now expecting a slight correction before the next upward movement to 6k. Do you have a new projection of price path for BCH? There are rumors that Coinbase will list other Altcoins like IOTA, Ripple etc. from the top then which will cause further spikes to the coins. I sold my free Coinbase BCH today....
You are awesome Haejin, please don't let small minded people stop you from posting. You have helped me tremendously! I thank you!
3 CHEERS FOR @HAEJIN!!!! For helping humanity to free the financial shackles, Whoopee!! We love you Haejin!!
wow thats great!!!
best of luck!!! 👏👌☺
Haejin, so this is only wave 3? What about Wave 4 & 5 ?
insider trading showed up on the charts prior to news release... nevertheless I made some good profits. ty haejin
Could you do a BTG Bitcoin Gold Update.
Simply the best, bar none. THANK YOU. Massive profits were made. Have a nice beer. So are we off for a correction now?
Awsome! It is like a kind of destiny, although I belive more that it is a two-way communication, price-news, news-price.
You have all my support, you do a great work don't give up!
There will be always somebody that hates you, no matter what you do, keep your mind peaceful, you are doing things well, keep self-belief with your own principles.
Your accuracy is mind blowing and you are very gifted indeed. Thank you for taking the time to help us learn your method which most people would keep for themselves. On another note, I know you get a lot of requests to cover certain coins but when you have the chance I would really appreciate if you could cover Cardano and give an update on Eos. I'm sure you are very busy but if you ever have a few spare moments this would be greatly appreciated. Have a great day!
All the way up!!!
Nice! Love it! Thank you
So what is the new forecast for BCH?
same question!
Me,too
For the love of God @Haejin, can you do an update?! (LOL) It is correcting and yet looks like an upward(flat?) triangle- bullish yes?
Is this a bull flag @Haejin?
As you can tell, I am not sure if it is a flag (pennant) or a flat (when I look at another chart it looks flat on top!)- NO doubt, I need to study more..
all this coin base business i guess
You must've forgot to forecast this part.
2.8k I received an amount. 3.6k I sold it immediately :))
Now 2.7k Let's see if it will rise..