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RE: Bitcoin (BTC) Morning Update: Why a Completion of the Wedge Pattern Could be Better..
I observe that the last C correction started a monday - the 15th of January, after what we touched a bottom C correction at around 9000 - 48h after the start of the correction.
If the same scenario repeats, tomorrow monday 22nd could be the start of the final E correction. One that is already engaged right now.
Also coincides with 1st official announcements from South Corea and European regulators arriving in the beginning of this week (monday/tuesday).
Thanks @hajin for helping see the trees in the forest.
PS. I have lost some consequent amounts following some @haejin Kabooms, but I also learned from it and this is a very very valuable information for the long term.
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
haejin TA is like this pile of poo!!
@kimjongpoo
I want to answer you with this saying: You only write when what you want to say is more interesting than your silence.
@haejin it´s a descending chanel TF daily BTC/USD Stamp.
Thoughts?
https://steemit.com/bitcoin/@thomasawa/el-bitcoin-como-un-leon-enjaulado-en-un-canal-descendente-spanish-version
Good analysis!
Now, first stop 10.5k pullback, retest 10.5k. So 3 times, drill and go for the 10k pullback, 10.5k, retest 10k.
Second stop 9.5k and 9.2 k pullback to 9.8k.
9.5 / 9.2k and drills the 9k to 8.8k
To prevent clutter here, I organized all my thoughts on BTCUSD in a steemblog post.”Jan 22 2018 (2:00 UTC): What is the price resistance against BitCoin (BTCUSD) that must be broken to change its trend?“. Please check it out and let me know if I am missing anything…https://steemit.com/bitcoin/@chipmaker/jan-22-2018-2-00-utc-what-is-the-price-resistance-against-bitcoin-btcusd-that-must-be-broken-to-change-its-trend