BTC Evening Update: Next Target $7,712
SUMMARY
Bitcoin (BTC) has closely followed my projected price pathway and the high of $7,571 has cleared the target of $7,542...not too shabby! The chart below shows the next price target of $7,712 as the white wave 3 target area. This probably won't be the overnight target and most likely be tacked on sometime Sunday or early Monday.
After white wave 3 is complete, wave 4 correction should be expected down towards current levels and then wave 5 will be next.
Please review these Tutorials on Laddering! and Buy/Sell Setups!
The below chart is a daily time frame and marks a potential top for Bitcoin. If this is correct, I've added a potential a,b,c correction that could ensue. For now, this is early posting; however, as BTC starts passing $8,000, I'll be speaking more about the BIG Picture Elliott Wave counts. But, not yet.
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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.**
Hey guys, read this .. it is a surprising intuition, and interesting incident and events that are occuring in the market that I have analysed.. RISE, BTS, OKCash, Verge..
https://steemit.com/bitcoin/@shrutisaagar/shocking-intuition-crypto-trading-investing-exponential-jumps-do-read-to-get-surprised-with-proofs
Thanks for sharing
No problem.. happy to help.. resteem so that others can too :)
Another awesome video. Honestly I’m getting kinda nervous already. Feel like this bull run is about to end.
Hey Haejin, I had asked this question in a previous post..
But thought I'd re-ask since it was possible you missed reading it.. other steemians who want to learn also seem to be having the same doubts..
Started reading the book that you recommended by the way :)
Wanted to ask you if you could please tell us all how you do the eyeballing or estimation of how long each wave goes and what values you take to multiply the previous waves magnitude (e.g. 1.618 always or are there other values which you might use often).. also do you take into consideration the time elapsed to do it too.. Because there can always be multiple ways to label the waves if we just use basic rules... Would be great if you could do a separate video explaining the same..
Yes, I'll make a video on this.
Thanks a lot Haejin.. you're a life saver :)
It seems the video is not working!
try again.
Haejin,
can you please show us exactly how you use the Fibanachi ?
thx
Hmmm...Give a Man fish , he eats for a day....Teach a man to Fish...He eats for Life.
A Wise Man is a Fools Proverb
Thank You Kindly
My targets are the same. Marvelous! I think I am really fishing, now. I cannot thank you enough, Haejin, for sharing your wisdom and technique. I am a little overwhelmed at the beauty of it ALL!
I wish you MASSIVE profits!
Thank you Haejin. This is fascinating information! I will get the book and jump in with both feet.
This wonderful post has received a bellyrub 2.67 % upvote from @bellyrub.
Congratulation of been successfully forecasting it thank you for sharing it with us!
@haejin I really enjoy the detail that goes into your posts!!
Let me know your thoughts on the latest episode of Crypto Nights, and whether you think it is too late to buy BTC?
Alex
If the parabolic move comes, then yes, it'll be a good trade.