Bitcoin (BTC) Evening Update: Pattern Discernment
SUMMARY
These trolls who downvote not only the blog but also the comments....their objective is to harass and cuss to prevent you from engaging in commenting and following and reading the blogs. Well, fear of downvotes should be the last thing on our minds! The more we engage with comments the better....their downvotes are finite. We have strength in numbers! Consider adding Steem Power to your accounts to have greater impact. Even a level 25 account with $200 in Steem Power will easily impact with a downvote to a -18 level troll. This way will be an organized and effective self defense. I am using my Steem Power to recover downvoted blogs and return fires. I will also start upvoting those who's comments had been downvoted. Meanwhile, we need to band together and become more cohesive to become more effective.
Here is a link on how to add Steem and Convert to Steem Power:
https://steemit.com/steem/@yogi.artist/the-simple-guide-to-converting-your-steem-into-steem-power-new-user-power-up-walkthrough
EVENING Bitcoin Update:
The below chart shows a pattern where Bitcoin (BTC) could continue rising to higher highs and start forming a Head & Shoulders Bottom pattern. This is forward discerning as the Volume has it so that the Volume is greatest for the Head. The Left Shoulder volume is much less as it should be. Once the Right Shoulder pattern completes, its volume would be below the Head as well. It would be exciting to see this pattern complete and confirm. Remember, complete is when price reaches the Neck Line (blue horizontal) and confirmed when price breaches that line. Let's see how the overnight price action takes it.
Legal Disclaimer: 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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United we stand, divided we fall...
https://t.me/daneos/4665
From: Dan Larimer
The only way to stop abuse on steem is a fair distribution with strong identity and better governance and accountability. When Steemit CEO uses company stake to vote himself $3000 on a 3 word comment to justify his downvote on a post that declined payment you have a system that is corrupt at its core. Ned is 51%+ owner of Steemit inc and acting without accountability as he presides over $400m worth of steem. His actions are misappropriation of company resources for personal gain at expense of minority shareholders whose rights are frequently abused. I can no longer support Steemit or steem nor contribute my effort to promote a platform that rewards this behavior. I will strive to rebuild a new community that will hopefully realize my original vision. I love the passionate community behind steem and look forward to the day I can provide a new home for them where good people can feel safe.
Oh snap!
whoaaaa!
@haejin- can't the witnesses work on a code change to fix this flagging crap? I don't see it useful at all. They put a machine gun in the hands of 6 year olds. I think without the ability to flag, having no one vote for low value postings is enough disincentive. No need for people with the DNA that want to control everything having a powerful tool to enable them.
Well said, I've seen this argument pan out and honestly, whales flagging stuff is ruining this community. I feel for @berniesanders because haejin has single-handedly cost him thousands of dollars and destroyed his reputation - thus, his steemit identity - all because bernie was trying to stop haejin from abusing the system. That's too much power for one person to have, especially when they can use it to destroy anyone that stands in their path. I think its obvious why i didn't use the @ before his name...
He was -18 before I joined Steemit. He destroyed his rep much in advance. How you fail to mention that is beyond me.
Great reply @haejin, love it.
For some reason others dont like people who succeed. U dont hound people for cash haejin for analysis. Most of the other do.
I completely and adamantly agree with you. I have no idea who/how is someone's right mind they could support this him or the other cronies.
Bernies reputation was already in the negative because he is an asshole to everyone and eventually @dan slapped him down.
Haejin wasn't a whale when this started. Bernie being a dick created a backlash that propelled haejin to whale status. Nice recreation of history though.
It did bring haejin to everyone attention. So worked well for him. And for us since we get his TA. Didn't work well for Bernie... karma?
And so the system does work!
downvoting everyone that comments on haejin's posts was costing innocent users of the platform rep and dollars as well. I guess the community has spoken and they like that content they read is being posted.
Upvoted to fight these evil downBOTers.
This is real !!
This is Why You Need to HODL! https://steemit.com/bitcoin/@investingtips/why-you-need-to-hodl-no-weak-hands-here
Or you could sell thousands of dollars ago and buy much more now for less.
Go advertise on some other page.
Hello Friends @haejin and @tokyoin! The information on cryptocurrencies is very interesting, it is not as simple as it seems. I hope to continue learning with your post.
If you have time check my post, it is to raise money for children with cancer in my country, I do not want to be spam and that's why it has cost me to spread the information!
SURE THING WE HAVE TO STAY UNITED AS ANON MUST READ
https://steemit.com/bitcoin/@mfg/blockchain-technology-in-near-future-deep-analize-of-humanity-fate-and-will-must-read-bitcoin-cryptotities-cryptokitties
@haejin - you keep doing what you do best buddy. Screw em!
Thanks for the updates Haejin, been following quietly. For this bounce where you’ve labeled the impulse wave up (1), (2), (3)..... even from your chart, we see the price fell below (1) level now - does this invalidate the rule that it should not overlap?
I understand there are case of leading or ending diagonals which will allow these overlaps, but is there some more confirmation or methods we can determine if it’s indeed those special cases and not a bias which wants me to “assume” it’s Ok to overlap attributing it to a leading diaganal (in this case)
Btw, I really don’t like what I see in Steem with all these “fights”, as an investor. It’s simple sending a very bad impression to prospective new content creators deciding to contribute in this environment. Anyway, you deserve my upvote with 100% of my 600+ SP, and 30 rep. However that may help.
It's not falling below level 1 because it's a subwave (2) of the wave 3 on a higher scale
I believe its the level 4 that is not to go below level 1 top not a drop/subwave in 3.
Correctomundo
I was seeing a 1,2; 1,2. Not a diagonal.so no overlap. The 3 is labeled higher than current price.
Mr. Bernie Sanders. I don't know nothing about you, and you don't know nothing about me. Please keep it a democratic place overhere. We don't need you or your opinion. Instead of you we're all grown ups that have their own opinion an make our own choices. Please don't push YOUR opinion through our throats just because you've got the "power" or money for it.
I once spoke to an old jewes person who had spent years in the concentration camp of Auswitsch. The thing I learned from this person was the folowing: "These people who are trying to undermine us will never win. Even if they kill us. We just don't believe in their system. They never get into our heads."
Please be a wise person and let us learn. Even by our own mistakes. I will respect you as long as you respect me and my opinion.
Thank you in advance
Good comment. @berniesanders is obviously a bitter, neurotic person. You are nicer than I am.
I'm following you now. I suggest that we combat this down-voting behavior by following and upvoting each other every time we see it happen. @berniesanders creates the perfect opportunity for us to separate the wheat from the chaff, and organize against him and his weak-hearted supporters.
Hear! Hear! Very well said. I hope to always remember what you learned: "These people who are trying to undermine us will never win. Even if they kill us. We just don't believe in their system. They never get into our heads." Now THOSE are words to live by.
bitcoin moonnnn
I think don't get your hopes up, BTC can drop to 5k...thats the next support line
There no point wasting your energy, crypto is full of amatuer traders ( i am one myself) who think that markets go up forever. No crashs can happen. That think investing in a company that has no product, and worst still arent even working on project, is good investments.
Rather than learn themselfs they will just blindly follow other people. The only people capable of taking this to 50-70-100k is the big money, the men with the millions. But these same people want to kill bitcoin. They will not succeed of course but they are going to try VERY VERY hard.
Anyone that thinks differently needs to wake up. Blockchain is a threat to the FED IRS WALL STREET and the banks.
Yea, but in some countries where goverment fuck people with big taxes n not intrested to small people to earn big money...crypto is way to say to them fuck you and collect money not pay some taxes
cheer up master!
It looks like a lower low is still on the cards. This differs from this chart. Have things changed?
감사합니다
The reverse head and shoulders was the exact pattern I saw and drew out in my post (https://steemit.com/bitcoin/@technolotrade/btc-possible-bullish-setup). At the moment it still seems the downward pressure is still to strong, but hopefully we will find a higher low.