Quick BTC update 26.04.18

in #btc6 years ago (edited)

Todays count update presented to you without comment, due to lack of time this evening:

c5EoFNmJ.png

Or:

KBFA6YSF.png

MORNING UPDATE: I closed my DAX short and turned it into a long. The daily chart count suggests a new alltime high in the coming months. We have seen a bullish engulfing and a bullish retest of the expected support @ 12315...

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If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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Just asking: What are the possibilities of this whole thing becoming a giant ABCDE triangle correction. I don't know much about TA. So I'm curious to know.

Possible, but very low in my opinion. It just would not look right. I would give it a max. 3% chance.

Thanks for the input.

could go either way but bullish sentiment and market cap are growing exponentially right now

Oh god
This it is completely in your own responsibility.
Greatly share brother

I bet for the second option despite, I was expecting a lower correction:
https://steemit.com/bitcoin/@toofasteddie/good-and-long-candle-at-bitcoin-seems-we-are-going-up-again

Steem on!

It’s either going up or down doi

Good friend very interesting and information good graphics thank you for sharing good contribution

I remember saying that 11k was well within reach for wave 1 of a higher trend (the one that started on April 1st), and you had replied that "That would be way too easy for investors".

Well today I'm still convinced this possibility is well on the table.

The wave structure changed. I actually targeted this in my last post. Wave 5 of higher degree wave 1:
abc.JPG

BTC loves to extend the impulse waves. That is why I am so convinced, that the downtrend is over.

Thank you for the useful inf and charts.

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STEEM 0.18
TRX 0.13
JST 0.028
BTC 57614.45
ETH 3097.31
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