Bitcoin (BTC) Morning Update: Impulsing Towards $7,542 and higher!! Check out how in this analysis!
SUMMARY
Bitcoin (BTC)'s overnight price action has confirmed that the red a,b,c is complete with an impulse shown by blue wave 1. Blue wave 2 is also complete and blue wave 3,4 and 5 should bring BTC to exceed $7,542.
Forward discernment shows an alternate scenario of a fractal where the a,b,c,d,e triangle could be played out. Still, it makes no difference as the destination is same....up. The video has more details!
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BTS Wallet - d2e60e9856c36f34
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
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.**
Thanks for the prompt update as usual.
I wish you MASSIVE profits. Also consider viewing these blogs that can help entry and profits:
https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder
https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial
Hey Haejin, thanks a lot for all your analysis..
I have got the book that you recommended in electronic version and started reading it :)
Also wanted to ask you if you could please tell us all how you do the eyeballing or estimation of how long each wave goes and what values you take to multiply the previous waves magnitude (e.g. 1.618 always or are there other values which you might use often).. also do you take into consideration the time elapsed to do it too.. Because there can always be multiple ways to label the waves if we just use basic rules... Would be great if you could do a separate video explaining the same..
-- A seeker who seeks.. :)
Great question. I was wondering the same.
Could you please update BCH....corrected 5%++
Outlook good according to him: https://steemit.com/bitcoin/@haejin/bitcoin-cash-bch-time-to-correct-in-cup-and-handle-pattern-target-usd1-600-not-unlikely
Always top information thanks for that...😊
Could you do that for Ethereum too?
he did it yesterday, scroll down in his blog. :)
Oh sorry. I did not see. Thank you
@haejin I'm worrying btc might form Head and Shoulder pattern. Could there be a H&S possibility? or do I have a misconception about H&S pattern? Please educate me :)
I was wondering where you will have your BTC at the time of the Segwit2x fork as some exchanges support the new B2X coin and some don't. I imagine it is the same for all the different wallets as well. I mainly trade on Bittrex but they have not released their position yet so I may move my BTC to GDAX as they do support the new chain and will credit an equal amount of B2X to BTC. I just posted a blog listing some of the major exchanges and their official statements on Segwit2x but am not sure about the etiquette of posting that link so I will just mention it instead.
So where is everyone moving or keeping their BTC ahead of the fork?
If you keep your BTC somewhere you control the private keys to, you can always get the 2X coin.
Got it, thanks. Think I'm going to toss my BTC to my Ledger Hardware wallet then. Appreciate the info @pcourtnier!
Beautiful Post well done
Is it really bad to increase the amount?
very nice Haejin !
thank you !!
Hmmm...as a total novice...I see a possible flag pattern instead of the second triangle pattern you drew...is that possible?
Thanks again for update...obviously many of us are hanging on to these updates to make various decisions understanding fully its our final decision on how we interpret what you provide....