ETHEREUM (ETH/BTC Pair) Expected to Rise Higher as BTC Corrects Lower
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmbHi7XWiw3s6tottAkr4qqantrsxCZSew5iiMLSQU7XQc/image.png)
SUMMARY
For many, the objective is just to gain as many Bitcoins possible and so they trade in /BTC pairs. IF your portfolio is measure purely on sum total of BTC; then the rise in nearly all /BTC pairs is a welcome event. The below chart of ETH/BTC has the original markings from a few weeks ago and price/BTC has been tracking it quite well.
The downward pointing symmetrical triangle broke out in an impulsive manner and if wave 1 and 2 are complete, then wave 3 is in progress. likely wave 3 is to extend longer than shown. Wave 5 current target is 0.2 BTC.
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?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
![](https://steemitimages.com/0x0/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:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
![](https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif)
0.2 BTC would be beautiful!
@haejin I have 1 week on steemit but, since the beginning I have follow all your posts and sometimes, It appears to me a message that says that your post has been hide for low ratings. I dont know if I have a problem with my steemit or something, also I cant see the Images
Yeah, there's a large movement that's basically anti @haejin because they feel that he is taking advantage of the Steemit platform to benefit himself. I'm not quite sure I understand their side of the argument, I figured the idea of the platform was a supply/demand based system where people are free to make as much money as the population finds value in their content.
There's either other factors at play I don't yet understand or these people are crazy, I'll let you form your own opinion there. I've seen a couple things that are alarming from this group though, for example they seem to be perfectly willing to downvote comments from minnows with low reputation if they are not onboard with the movement that seems like a sketchy practice. One of the primary advocates is named berniesanders on here which also makes me uneasy, since the US politician Bernie Sanders encourages highly immoral socialist agendas that are based around redistribution of wealth and rights to other peoples work and the actions of this user seem at face value to correlate with this value system. I will say I'd prefer to continue to see @haejin's analysis so I hope they don't drive him out of the platform or anything.
I'd like to hear the other side of the argument, I'm open to conversation and I'm fairly new here too.
You pretty much nailed it. Some of these steemit people think that there job is to make the playing field fair as that is what they believe their version of a 'free' market means. In reality free market means that things can and probably will be unfair for some due to limited financials. At the same time things rebound and they will also receive a chance of the pie. Socialists don't think think the world can work without their intervention. New Agers, free thinkers and anarchist capitalists believe that their is an equilibrium that will always balance itself therefor we don't feel the need to intervene.
Is because other user downvote the post. You can press on the button "show" to look the post. And then you can go to the bottom and press on the button "show" to see the images. Sorry for my english
There are 2 buttons to help you to show it. You don't have a problem with steemit......
$7.5k Bitcoin soon?: https://steemit.com/bitcoin/@investingtips/i-m-out-of-crypto
Ethusd is forming 30 min hs inside a 1 hr hs. My opinion is btc will drag down eth. Only question is which will fall faster.
Clearly Bitcoin...
@haejin, I'm a 100% positive on your thoughts on this one. Besides ethereum I found 5 others to keep an eye on:
..........and if they go down with BTC they're still a good investment for the coming year to hold
Really look forwars to your posts to helpme determine my crypto strategies whilst learning elliot wave theory. Only critisism is the pictures are small in the post. Is it possible for larger ones please. Many thanks
You can zoom in, if you have a mac it's easier
The previous Bitcoin post has video unavailable @haejin
just press 'show video'
fixed, thanks
I hope it skyrockets! I believe <3
Fix BTC latest post video please, thanks
Excelent
Flipping? If Ether is 0,2 BTC becomes rank 1 in market cap. ETH is def. still looking strong so can happen.
If anyone wants to get some free coins via airdrop check my blog. Good luck :)