SUMMARY
Ethereum (ETH) has joined Bitcoin (BTC) in the bounce and the Head & Shoulders look quite similar if not near exact. This lends to the uniformity of sentiment across the market. IF this Head & Shoulders pattern plays out, then a target of $1,382 could be measured.
The below chart shows that volume also confirms as the shoulder volumes are both below and less than the Head volume height. Patterns have two requirements: completion and confirmation. The completion is when the LS, RS and H are formed and confirmation is when price breaches the neck line (horizontal white line). Let's see if price can breach the neck line today.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Ethereum will kick asses this year haha
Eth is going for a great buy opportunity now, I think.
https://steemit.com/cryptocurrency/@thedolphin/ethereum-eth-usd-updated-charts-confirmed-correction-done-i-don-t-think-so
Eth is not going to fall under 700$, it's probably one of the most solid projects out there
I find it hard to believe too, but I try to present what I draw w/o thinking rational or emotional.
Then I can go back and check if ta holds too, and also improve my skills. This is strictly elliot waves, and market last days tell me somebody can direct the price pretty much.
Anyway I put a buy there just in case.
Haha of course that's another thing, buying Ether at 700$ can't hurt ;)
I hear the same sentence for bitcoin. Yes, you are right, it is less likely but never say never :) In my opinion the correction has not ended. But this is only what I think. Btw, it can be a good buy opportunity for everyone :(
I really want it to go lower to buy more , Last time was i bought which was also the first time was in november before the big jump . Anyhow I believe in ETH , this is sure to be its year.
Ripple says: 'Right behind Yo!'
Ripple sucks xD
lol
Interesting that it's showing same as BTC... I did an update on a coin you posted a while ago, found some great value:
Library Credits (LBRY) - Analysis https://steemit.com/steem/@benkalashnikov/library-credits-lbry-analysis
which one we believe 1382 or 1500?
Source:
https://steemit.com/cryptocurrencies/@salahuddin2004/top-cryptocurrencies-pending-price-target-and-their-due-dates
Looking forward to Ethereum solving their congestion problem with plasma and PoS!
When they start with PoS is gonna be sick, that change meant an explosion in price for NEO and I think it will do the same for ETH
Will look forward to the time when this happens.
What time frame do you expect?
Why is @haejin being downvoted Again?
https://steemit.com/steemit/@pathi/who-is-kimjongpoo
If people are upset that Haejin is making money off of this website maybe they should post more content that people want to click on to compete with him? Or you just want a bunch of free stuff? Sounds about right Bernie Sanders people want 20$ minimum wage and free social welfare for everyone. Communists.
@erit2018 you are lost man, Haejin literally posts nothing of value, and the people who are angry like me actually put effort into our posts, how is that us wanting stuff for free?
I would agree with your statement. He is popular because he has more followers than you and I and his posts show up on the feeds. I think you have great content but unfortunately our posts go unread because we can not achieve the same exposure. I too struggle with this issue. I hope that we both can get our feet in the door and slowly climb to the top. Best of luck to you @investingtips
No value?
You have months and months of TA to check.
I read a few I was interested in and it all happened, sooner or later.
If you don't understand Elliott and Fibonacci, that's your problem.
if u notice.. he posted same eth target twice between 24 hours just to get more dollars...
Call the police!
haha :)
Gave you an upvote.
Good luck !
because he is getting money for no results
Can you look at TRON (TRX) ?
He literally said this was going to happen, 2 days ago...
Very interesting article. Ethereum was doing so well before the crash.
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
Greay thankd
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I like your post thank you for sharing
Following you
I have itherium ✌🏻
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i think it will grw up 10000$ before 2018 end
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and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
Is that how you are educated?
Is that how you are educated? thank you
How does the market feel about crypto's in general? Today's results are a good indicator.
Thanks for this post. These are very exciting dates and we might see a breakout or deeper dive.
Hahaha! Yes, indeed! It will either go up or down!
Go private Haejin, people are people, this will never stop !
Next time when market drop for 350 billions or more you will be accuse for witch craft, and of course we will burn you !
All the best to all..
Please also see my ETH TA:
https://steemit.com/ethereum/@philakonecrypto/ethereum-eth-detailed-analysis-consolidates-long-term-target-stands-usd1-750
@philakonecrypto. Who wants to see your posts. Your ego is bigger than your danm head. Use this opportunity to grow up first!
Hi Haejin,
My name is Richard, I’m based in London.
I came across your posts a couple of weeks ago and instantly was impressed with the way you present your analysis.
I’m sorry to hear your receiving negative unrelated comments..I enjoy your work and interested in your detailed presentation if you can either send me details or continue to repeat the time and day you have planned.
Keep up the great work.
Regards Richard.
Follow me on Twitter: @haejin_crypto
What's your twitter handle? I'll then follow back and we can communicate that way.
Dear @haejin and followers, your posts are so easy to make that I have made 2, a dogecoin TA and a Theresa May TA
Where are my $500 upvotes that you feel you deserve? I deserve them too since I have just as much of a potential to make people money.
MAY is projected to rise 132%
Dogecoin is projected to rise another 131%
If my posts don't deserve $500 then neither do yours. Decline payout
You're really sad, man.
nah, pretty happy
Your nickname says it all.
Really really pathetic.
Maybe you can actually talk when you know something about the steem community and what haejin (and his big whale friend ranchoralxo) are doing to it. Until then, you guys are going to be just another blip in our history that we are going to be happy to say goodbye to.
He is receiving negative feedback because he is scamming newcomers like you with his TA that makes no sense. But you guys love it because you lack experience in the field of TA and crypto causing you to blindly fall for this nonsense. I've made many comments on why he is just in it for upvotes and money and doesn't care about his audience or content whatsoever so if you want to know more, go read some of those. He is a cockroach in the beautiful crypto community on steemit, that's why he's getting flagged. People are finally starting to see through his garbage TA and how he is ruining the reward pool for everybody with his steemit reward abuse.
I can believe that. The whole market is bouncing back to where it was before the bloody days we had.
Muchas gracias por compartir tus análisis son muy utiles
nice post thank you for sharing.
pure nonsense ... @haejin .. why dont you put this head and shoulders for every other alt coins.... its the same pattern every where like bitcoin
A break above the inverse H&S pattern neck line would be extremely bullish for a short - medium term spike in Ethereum. Key though is to wacth out for a bull trap that fakes out a break out only to lead to new lows. Thanks for the post.
Thanks Haejin always!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
The target is not high haha
Rewards Pool Farmer Alert
He is leasing 30k SP from @minnowbooster then using that to VOTE Up his own 7 Day old comments on random posts at the last minute. Scroll his comments to around the 6 day mark or just go to https://steemd.com/@ryacha21; he has a lot of self love on his own old comments.
HE IS DOING IT OVER AND OVER AND OVER.. He is farming the pool.. If you could help it would be appreciated..
Learn more about this sack of monkey spunk here:
https://steemit.com/shitpost/@pawsdog/the-shit-post-diaries-1-17-18-4
Also kinda a dick move to use the actual good post of another person to post a comment for no other reason to come back and farm it later.
Post Author, @haejin I do apologize.. This dude makes no actual articles of his own so the only way to draw attention to what he is doing is to comment his comments. My sincerest apologies for cluttering up your blog, outing the abusive self voting behavior of @ryacha21
Does ETH really going to be up this year? I think it would be almost at the $2.000 for next 6 months ..!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
Nice analysis, keep up the good work.
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
I think with more and more people getting into the crypto space we will see ETH continue to go up in value. It is currently much faster and less expensive to send then BTC. I personally find as many ETH pairs as possible to trade with. There are a lot of people who want to make every crypto cent/satoshi count and after trying the main coins they will see the value. Let me know if you agree. Thanks!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
So you make money from trolling people? Do tell lol
hmmm, interesting.
and he only votes on himself!! not you ignorant followers!!
Yeeey yet another post where haejin makes fancy drawings making people believe he knows what he is doing, abusing their inexperience for upvotes and money. His TA is total nonsense. And people need to know this to stop his greed. He only uploads for money, doesn't care whatsoever if his TA is any good or not, he just wants the money.
It may be nonsense to you since you haven’t studied economics, elliot waves, and fibonacci retracement.
Suggest reading this post by someone who offers some good objective warnings and valid points regarding Haejin. Surely, an “expert” with alleged 20+ years experience should have picked up on the obvious bulldozer that was heading towards us if he’s any good. After following for a long time you begin to see the number of completely revised counts he has to do.
https://steemit.com/haejin/@robbie222/my-view-on-haejin-an-unbiased-opinion-new-followers-should-read-this-before-investing
Suggest scrolling through the last month and having a careful look at his wave counts and the number of ones which have been fundamentally invalidated by elliott theory since then. Of course, with the constant revisions it makes it seem like he always gets it right. And don’t forget the alternate counts!
Hell, I can predict price direction with 50% certainty, it’ll either go up or it’ll go down. Now let’s make my primary count going up and have an alternate for down. Wallah, my chances of being correct on either my primary or alternate are now 100%. Let’s now throw in a bull market prediction that price will reach higher highs sooner or later, whether it be days, months or years. And BOOM, different pathway same destination. Wow! What do you know. Im never wrong :o !
Eff off poo
The sentiment is very bad. People start coming out and blaming this and pointing finger at that. Ranting, and more ranting. Hope this is a sign of a near bottom.
I got some ethereum myself on the recent dip. Great analysis you got here and the Elliot wave tutorials are quite useful. Appreciate the post followed.
I told my father in 2016 about Bitcoin when it was only $700. He thought that it was a scam. But now when it hits $17000 he said, I wish I had invested in it
Interesting article
and he only votes on himself!! not you ignorant followers!!
ETH is the second currency in the market and is the one that follows directly to the BTC
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
and he only votes on himself!! not you ignorant followers!!
I'm glad to see BTC finally retested the 9k's since its run up, but so sad I didn't have fiat to enjoy this coming bounce!
I don't agree @haejin.
I think we'll turn down at or below $1200 for a lower low, going about like this:
[
https://steemit.com/cryptocurrency/@thedolphin/ethereum-eth-usd-charts-confirmed-correction-done-i-don-t-think-so
You are awosome, thank you for help us to earn some money with all your TA.
Thanks to sharing with us.
I have always been against automatic vote, if you really build relationships with other users, it implies the reading of their materials and live comments on the subject.
But, I understand that it's hard to find free time for this (every day follow updates of friends and participate in discussions). And auto-vote in a sense is an opportunity to say Hello, to express respect for your relationship. Accordingly, if you withdrew from somebody list you have lost the interest of this person to you. So your actions in this case are absolutely correct.
Nice ! I had not recognized the inverse head and shoulder yet.
Amazing
Please follow me
Wow, he added text
Haejin where do you think the price will be one year from now.
Thanks
Do you think bitcoin will exceed its price last year december this year?
wow ... very quickly this post created just a few minutes from the previous post. Can I learn from you mate?