Bitcoin (BTC) Morning Update: Higher Highs Expected!

in #bitcoin6 years ago (edited)

SUMMARY

Overnight price action was bullish! Higher highs are expected throughout the day. The waves towards the $23k target is paved and the miletstone towards it is $20,575 or where the purple wave 3 resides. The bull flag that makes up the purple waves 1 and 2 should break upwards to perhaps SURGE towards $20,575. Newer, Higher, ALL TIME HIGHS, DEAD AHEAD!!

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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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.**

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This post has received gratitude of 1.00 % from @jout

You got a 0.33% upvote from @postpromoter courtesy of @jout!

Thanks for the update :)

If this comes off it’s going to be a truely great Xmas

LOL!

LOL good point!

In Hodl we trust

Thanks @haejin - If you get time could you please do a LCT and ETH update - cheers!!

great updates of bitcoin chart,good job

Hey could u do an analysis on GRX

Wanted to thank You for teaching us the concept of laddering. I wanted to ride XVG/BTC correction yesterday/today. Whether it's already wave e of triangle, I'm not sure.

Nonetheless - for the first time in my short investor's life I'm rooting for the price to drop. Some rungs already filled so each Satoshi down means I have less money, but it doesn't matter, I'm still counting it'll go down even more, so my lowest rungs fill too.

Simply, great, thank You.

Well done!

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