Bitshares (BTS) Update: Ascending Right Triangle Morph

in #busy7 years ago

SUMMARY

NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!

BitShares (BTS) pattern is morphing from a symmetrical triangle to an ascending right triangle. The Elliott Wave labels remain the same and I've adjusted the position of the lines.

If you view the below daily MACD; BTS is a bit overbought. This means that buyers are dwindling and once might want to raise cash to redeploy to buy a dip. Remember, corrections are healthy and BTS is due a healthy one. I'd l ike to see BTS MACD dip lower and have that correction before going to higher highs.

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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


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.**

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Never miss one of Haejin's remarkable Analysis
https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post -- Please resteem


Be the first one to the Crypto Exchange to place your buy orders by being the first one to read Haejin's Analysis.With instant SMS Notifications you will never miss a post from @Haejin, the master of the Elliot Wave theory.

I agree always instant sms is good option

Yo WTF is up with all the hate comments??? The fact that there are so many haters proves to me that Haejin is doing something great here and evil people like to bring people down that do great things. Stay strong @haejin you have the strength of God behind you.

randowhale is like an STD its the gift that keeeps on giving...

randowhale is showing his true colors. Using Steemians SBD to wage war against Haejin and the people that follow him.

Take a look at NULS.io, I made a post on my account. Very very big upside potential !

Charting a correlation metric between elliot waves between XRP and BTS is interesting

Good to know

WE ARE BEING ATTACKED!! RandoWhale (BernieSanders) is finally showing his true colors. He could not silence Haejin so he is going after his followers. FUCK OFF RandoWhale and take your bots so we can get back to making this money.

DQmUW81WptRdFKKXHGGpTuQBcTLga6C3Xs9oCyDfyhqNkZg.gif

It is a good one

this is a comedy... all the comments are hidden here... as these whales are fighting each other for steem dollars

HI @haejin can you do an analysis on Next (NXT) when you get some time. Thank you!

check this out. This MAY be a possible pathway

thanks

anytime Brother. Check out my blog for more!
@mirstax

Nice!!!! CS...nice charts...im struggling with Bitshares..and haejins recent analysis confirms that...it's a tough one..to me it looks like an ABCDE triangle, but as he mentions it's extremely overbought...hmmmmm...what are you guys thinking on this one

@haejin When do you think we will see the predicted 6 $ on BTS... Thanks !

In the multitude of advice/advisors wisdom tthrives

Thanks for another update @haejin.

I'm curious why you sold all of your bts on the dex? Just flipping to get a better position? Or more cautious about a bigger correction?

I noticed that as well. I don't think there's been a correction yet.

I see he bought them all back....hm

I am glad I invested in BitShares. It will pay out one day! Tis was on your review.

THANKS HAEJIN, pls can you do a RDD update

Could you chart up BTS-STEEM-SBD for us steemians? I just started using bitshares and am unsure if I should just ladder it all into BTS for trading there.

A friend of mine has issued a challenge, turn 20 GBP, 20 EUR, 20 USD or whatever your native currency it into as much as you can by playing with the crypto markets.

See more details here:

https://steemit.com/cryptocurrency/@rpettigrew/play-the-2018-crypto-challenge

Thanks for the update!

thx man :)

Thank you haejin for this great analysis. Looking to top up my BTS with a nice dip.

With regards to all the haters, for goodness sakes, please Grow up and stop acting like a bunch of adolescent brats.

I a way it is predictable

thanks for info!

What about RaidEX and how it will beat BTS! I wrote about that in my review of Raiden Network here: https://steemit.com/bitcoin/@cryptoknight12/raiden-network-token-review

This is me when I was a little kid with ice cream all over my face.

Here is a great review (also a price prediction) of a great upcoming coin I wrote: https://steemit.com/bitcoin/@cryptoknight12/raiden-network-token-review

lmao 😂

Bagus sekali saya sangat suka

@haejin i just belive in your analysis

I find your analysis about the crypto exchange very helpful and useful for a newbie like me.


Your post was mentioned in the hit parade in the following categories:Congratulations @haejin!

  • Upvotes - Ranked 5 with 671 upvotes
  • Comments - Ranked 10 with 129 comments
  • Pending payout - Ranked 4 with $ 345,38

@haejin I saw on bitshares exchanges that you "lost" this "pump" while shorting BTS and I now understand you want to fill your orders at the price you were starting shorting.

Thats the reason you write "I'd l ike to see BTS MACD dip lower and have that correction before going to higher highs."

Stop this fulfilling prophecies and manipulation market and also your updates so professional like wow you can see MACD indicator and post it on steemit. Wow

He wants that definitely. And there is no doubt that his followers will sell BTS now. Sad.

Haha....look at his stake in bts.....he can't sway the market. By the way, he doesn't trade that way. You got proof lets see it.

Yeah he already mentioned he trades on Polo, not the BTS DEX

Haha...OHHH THAT proof. Proof of him doing exactly as he suggested some might do on the dip. Damn, I hate when people implement smart strategies. You must be confused, maybe you didn't see, or count, or use any of your own thoughts on the subject...hell you could just do it blind. The price is falling in this price pattern. I've got all my bts locked up to buy lower. You must be misunderstanding something. Or just wait through today and see that .62 is a perfectly fine price to borrow off of, in fact, it's the safest spot seeing as that's the running average....ohh and all of this was known at the last bts update....it's actually following his price pathway almost exactly.

You want correction because you are in BitUSD now. Maybe your followers will sell the BTS but I hope it will not be enough.

Gosh, I really start to realise how extremely annoying this Bernie / Randowhale are. I initially thought he disliked the system of pay-out, but instead he is just purely hating on someone creating valuable content.

Thanks Haejin, keep going!

Ty @haejin . I am going to sell now and buy the dip later . Keep on updating us on buy and sell ladder like this . Thank you !!

Brilliant informative post as always! The treasure hunt of finding the censored gems makes the discovery of such info even more rewarding!

what happened to btc chart ? last time there was head and shoulder ... i wanted to see what you say about that this time...

why @randowhale why .... was that not a good enough comment for your liking ? it was a valid question

If you read the last post re the Head and shoulders, It specifically states that it is not valid

when... i thought he said it was valid... and wave 1-2 is happening ... which will be aligned with h&s

@ranchorelaxo help! Trolls be gettin trolly again and we don’t want to lose our precious Haejin!

Too bad. If you comment, you will be flagged. This will continue until @haejin begins declining rewards on his posts. Enjoy.

Well youre a long member of Steem und I guess you did much for this platform.
That is nice.

However you're going the wrong way here dude. If you really want the best for the platform, how about getting other guys like haejin here?

Currently he's the only one offering daily updates and such.

How about @haejin stops being a greedy prick and spreading lies? When he stops, I will too. Until then, things will continue to ramp up.

Senang melihat

RAMP RAMP RAMP! Too bad you just can't control everything huh? The more you add.....the more we add. No problem. Good to see you're benefiting from his analysis while shitting on it.

@randowhale. That's the problem with people like you. When Haejin does something good. You have to say he's spreading lies. No prove. You ignore the fact. You believe 1+1=3 because you think so. You thinking is going in a circle, not moving the community forward. Shameful!

You are nothing more than a Adolescent brat that knows absolutely nothing about Charting nor Crypto's and volatility. So by all means, continue to embarrass yourself. That way people know you are a complete Aris.

how about you fuck off, you little turd

well... i do appreciate @haejin 's post here... but his payouts are pretty huge here and all the posts are not worthy of such payouts ... that is a fact

You are wrong. All of Haejin´s posts are of great value for his followers. We are involved in his TA, and updates on specific coins are part of the teaching! Why do you think he gets so many upvotes?

i wonder how many fake accounts haejin got ... looks like @scarlet7 is a fake account of haejin and co... who only resteem haejin's post and downvoting my valid comment

If he could restrict his payouts to say $100 SBD and did, would you leave his posts alone?

Yes

Wow... You should read my latest post called "Decentralized up-votes"...

COIN MAN by @pocketechange

he is not gonna decline payouts :D ... thats his free money which he can put in shitcoins without any risk, for massive gains

Why decline payouts? He provides valuable content to 1000´s of followers, and he deserves every penny. Besides who are you to know how he spends his money? It´s not your business.

Randywhale, you really need a girlfriend dude

fuck you. youre the biggest bitch on steemit.

Biggest AND baddest bitch, you better remember that.

How where your raised? That is nothing to be proud of.

I see you are visiting @haejin posts more often, cannot resist the temptation? glad to see you here my friend. If you ever think of converting, feel free to ask any of us, free hugs included.

@randowhale. "Baddest"? What is baddest? You even have problem with your English.

my friends recommended me haejin about 2 months ago and i turned my 10k initial investment into 40k , following mostly him.
not sure why he wouldnt deserve rewards for his posts ? I joined steem to support him and even bought some steem shares :)

Thanks Haejin - hope you had a good festive period.

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