Bitcoin (BTC) Morning Update: Micro-Counts Show a Probable Breach Pathway

in #bitcoin6 years ago

SUMMARY

Thus far, the impulse Elliott Waves have been precision cut and crisp as they can be!

Wave 5 is nearly compelte and could temporarily pierce the upper white trend line before correcting into abc. That target is $10,726 or so. The subsequent ABC target could be $10,157; IF it decides to do a zigzag or a flat. IF the correction is a triangle or more complex, the $10,157 will be updated.

This impulse fits into brown wave i of blue 3. Of all waves, it would be most fitting for brown 3 of blue 3 to decisively breach the upper trend line.

Once the breach occurs, the white circle represents a potential laddering site.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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haejin as I said in my yesterday’s comment in this video your name is mentioned at 55:20 minutes pls have a look. Someone wants your opinion on HYPERWAVE. This shows how good you are with Elliot waves . As you can see your name I pointed out on this picture. I was watching this video and your name came up 8AA2A6B1-B871-42AE-9B16-132E08958D70.jpeg

Awesome (secret) sauce!

I was in for a surprise expecting Bitcoin to drop to $8800. I guess it's finally time to buy with fiat soon.

Just check this out. It says it all:

Thanks for sharing @winnieoriana ‘s video!

I think you did a good work with this article. You always share great info

Nice Post thanks you for this attractive, informative advice @haejin

Thanks @Haejin für your great work. Keep going with your entertaining analysis!

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Amazing blockchain recipe. Thanx @haejin

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Hey Haejin, can you make TA for lotery ticket and predict if I will win? :)

With how BTC has been bearish here lately this has been quite the good breakout the last 24 hours, I feel like we are going to see it fall back and correct to the 10k area. Nice analysis. CHeers.

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