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RE: Bitcoin (BTC) Morning Update: Why a Completion of the Wedge Pattern Could be Better..

in #bitcoin • 7 years ago

I observe that the last C correction started a monday - the 15th of January, after what we touched a bottom C correction at around 9000 - 48h after the start of the correction.

If the same scenario repeats, tomorrow monday 22nd could be the start of the final E correction. One that is already engaged right now.

Also coincides with 1st official announcements from South Corea and European regulators arriving in the beginning of this week (monday/tuesday).

Thanks @hajin for helping see the trees in the forest.

PS. I have lost some consequent amounts following some @haejin Kabooms, but I also learned from it and this is a very very valuable information for the long term.

7 years ago in #bitcoin by
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     7 years ago 

    haejin TA is like this pile of poo!!
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     7 years ago 

    haejin TA is like this pile of poo!!
    image

    [-]
     7 years ago 

    haejin TA is like this pile of poo!!
    image

    [-]
     7 years ago 

    haejin TA is like this pile of poo!!
    image

    [-]
     7 years ago 

    haejin TA is like this pile of poo!!
    image

    [-]
     7 years ago 

    haejin TA is like this pile of poo!!
    image

    [-]
     7 years ago 

    @kimjongpoo
    I want to answer you with this saying: You only write when what you want to say is more interesting than your silence.

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       7 years ago 

      Good analysis!
      Now, first stop 10.5k pullback, retest 10.5k. So 3 times, drill and go for the 10k pullback, 10.5k, retest 10k.
      Second stop 9.5k and 9.2 k pullback to 9.8k.
      9.5 / 9.2k and drills the 9k to 8.8k

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         7 years ago 

        To prevent clutter here, I organized all my thoughts on BTCUSD in a steemblog post.”Jan 22 2018 (2:00 UTC): What is the price resistance against BitCoin (BTCUSD) that must be broken to change its trend?“. Please check it out and let me know if I am missing anything…https://steemit.com/bitcoin/@chipmaker/jan-22-2018-2-00-utc-what-is-the-price-resistance-against-bitcoin-btcusd-that-must-be-broken-to-change-its-trend

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