BTC update 29.12.17 by ew-and-patterns

View this thread on: hive.blog | peakd.com | ecency.com

btc · @ew-and-patterns · Jan 2 '18 (edited)

$226.54

BTC update 29.12.17

# BTC is starting to move up again. It made a new low, like I predicted yesterday and now it seems stable. Here is the updated count:
![RqMRCud3.png](https://steemitimages.com/DQmX5W7t6nPpzx8p93iZe4LpGMjc1SEyNDNa6aq9PkGpzPL/RqMRCud3.png)
 ![QNvIUWKv.png](https://steemitimages.com/DQmRvUB43rq72NDYS28FtJDMjh1rJcQxLR8QEgxJQa33aAy/QNvIUWKv.png)
# Green wave 2 made it look like BTC was about to drop, but it turned out to be just a corrective ABC pattern (running flat within a running flat is super bullish!)
# I am expecting to see an acceleration in upward movement soon, but it could also take its time and play it slow while alts continue to explode.
# I'll keep you updated... Stay tuned...

# Update: BTC is really taking its time. It seems as there need to be a major decison to be made. 2000$-3000 down again or finally the long expected continuation of the uptrend. What will it be? My next update will show the answer to that.

![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
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.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. 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 are. 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 responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.



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

Have a nice day :-)

👍 minnowbooster, rocky1, ew-and-patterns, allaz, lichtblick, upme, welovesteemit, aksdwi, johnycrypto, worldclassplayer, mys, arunava, toofasteddie, forexbrokr, beiker, drifter1, atmosblack, thealliance, onlineprds, dragononcrypto, klen.civil, olayar, jack353, vimukthi, fivestargroup, karthik2rock, crypto-pontiff, aaronpake, jotpreet, steembasicincome, rodneyquin, enginewitty, tmdhml, yvonneinoregon, dziadkowcem, jameskway, bobhaddad, joysimon, unaveragejoe, entwickler42, thewitchdoctor, monadnock, znog, pampermenetwork, vjap55, sexscope, outwalking, maciel.villegas, reddyyeswanth

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@aksdwi · Dec 30 '17

<p>This post has received a 4.22 % upvote from @aksdwi thanks to: @ew-and-patterns.</p>

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@allaz · Jan 4 '18

re-ew-and-patterns-btc-update-29-12-17-20180104t133424578z

You got a 20.50% upvote from @allaz courtesy of @ew-and-patterns!

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@jahangirwifii · Dec 29 '17

nice update

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@klen.civil · Dec 29 '17

Thanks for your prediction my friend

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@krenter · Dec 29 '17

Interesting, the analysis that you make of the possession. As you put it, it seems like they have a certain pattern, will they be bots traders?

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@ew-and-patterns · Dec 29 '17

$10.15

There are only very few bots or algos trading in cryptos. Thats actually why EW is working so good there.

👍 ew-and-patterns

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@lavanya · Dec 30 '17

What about SBD value .IS THERE ANY INCREASE IN FUTURE

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@ew-and-patterns · Dec 30 '17 (edited)

$14.05

Yes, I am betting my money on that. Once BTC manages a stable uptrend again, STEEM and especially SBD will rise again in my opinion, which is also supported by elliott wave theory and the fact that Dan Larimer (creator of STEEMIT) confirmed that the peg to 1$ is gone.

👍 ew-and-patterns

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@lavanya · Dec 30 '17

When the sbd value reaches  20 $ according to your estimation.

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3 replies

@maciel.villegas · Dec 29 '17

Thanks for the update

👍 maciel.villegas

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@mys · Dec 29 '17

I can't understand how You predicted it was just corrective ABC pattern. Everything was going to go bearish. Awesome sight!

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@stealthgoat · Jan 2 '18

@ew-and-patterns payed 11.0 SBD to @minnowbooster to buy a stealth upvote.<br><br><a href="https://steemd.com/tx/7706ee1ab48b2b84b3a61c6aa54d02233ba2957f">transaction-id 7706ee1ab48b2b84b3a61c6aa54d02233ba2957f</a><br><br><img src="https://steemitimages.com/DQmTXdfMSPGNzsdQRoPAUAm8Xc9gDDM47QfiBLsJAck4iA4/goat-2153622_640.jpg"><br><br>@stealthgoat

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@upme · Dec 29 '17

re-ew-and-patterns-btc-update-29-12-17-20171229t211057518z

You got a 0.45% upvote from @upme requested by: @ew-and-patterns. <br> Send at least 1.5 SBD to @upme with a post link in the memo field to receive upvote next round. <br> To support our activity, please vote for my master @suggeelson, as a [STEEM Witness](https://steemit.com/~witnesses)

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