SUMMARY
NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
BitShares (BTS) pattern is morphing from a symmetrical triangle to an ascending right triangle. The Elliott Wave labels remain the same and I've adjusted the position of the lines.
[IMAGE: https://steemitimages.com/DQmUE52wCKS185d1E2NgyRCYup91bCREgBiNqw6mB6afGBx/image.png]
If you view the below daily MACD; BTS is a bit overbought. This means that buyers are dwindling and once might want to raise cash to redeploy to buy a dip. Remember, corrections are healthy and BTS is due a healthy one. I'd l ike to see BTS MACD dip lower and have that correction before going to higher highs.
[IMAGE: https://steemitimages.com/DQmcCYxuyCbHFKTtc46Ws7nZPNACLzF36WWd7W6WUK1oQmS/image.png]
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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https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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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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One cannot mute downvotes that make comments invisible, forcing the reader to click once for each comment to be unrolled.
The idiotic whale can't really make any positive contributions here, so he's trying to make each user as miserable as he is. He must have had some serious trauma, to be causing so much externally.
Gosh, I really start to realise how extremely annoying this Bernie / Randowhale are. I initially thought he disliked the system of pay-out, but instead he is just purely hating on someone creating valuable content.
Thanks Haejin, keep going!
@xantos | Dec. 30, 2017, 3:22 p.m. | Votes: 6 | [
VOTE ]
Well youre a long member of Steem und I guess you did much for this platform.
That is nice.
However you're going the wrong way here dude. If you really want the best for the platform, how about getting other guys like haejin here?
Currently he's the only one offering daily updates and such.
@phuzz | Dec. 30, 2017, 6:22 p.m. | Votes: 1 | [
VOTE ]
I see you are visiting @haejin posts more often, cannot resist the temptation? glad to see you here my friend. If you ever think of converting, feel free to ask any of us, free hugs included.
@dantheman @stan
@haejin who has hugely helped many of us in the Steem community with his advice, patience, and tutorials is being targetted by high powered trolls and bullies who sabotage his posts by arbitrary downvoting. Is there nothing that can be done to stop this?
@chymmi | Dec. 30, 2017, 3:30 p.m. | Votes: 3 | [
VOTE ]
@haejin I saw on bitshares exchanges that you "lost" this "pump" while shorting BTS and I now understand you want to fill your orders at the price you were starting shorting.
Thats the reason you write "I'd l ike to see BTS MACD dip lower and have that correction before going to higher highs."
Stop this fulfilling prophecies and manipulation market and also your updates so professional like wow you can see MACD indicator and post it on steemit. Wow
Haha...OHHH THAT proof. Proof of him doing exactly as he suggested some might do on the dip. Damn, I hate when people implement smart strategies. You must be confused, maybe you didn't see, or count, or use any of your own thoughts on the subject...hell you could just do it blind. The price is falling in this price pattern. I've got all my bts locked up to buy lower. You must be misunderstanding something. Or just wait through today and see that .62 is a perfectly fine price to borrow off of, in fact, it's the safest spot seeing as that's the running average....ohh and all of this was known at the last bts update....it's actually following his price pathway almost exactly.
Thank you haejin for this great analysis. Looking to top up my BTS with a nice dip.
With regards to all the haters, for goodness sakes, please Grow up and stop acting like a bunch of adolescent brats.
A friend of mine has issued a challenge, turn 20 GBP, 20 EUR, 20 USD or whatever your native currency it into as much as you can by playing with the crypto markets.
See more details here:
https://steemit.com/cryptocurrency/@rpettigrew/play-the-2018-crypto-challenge
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