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BTC (BITCOIN) : Could Still Be Holding the Breakout Baton by hahajin

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· @hahajin ·
BTC (BITCOIN) : Could Still Be Holding the Breakout Baton
**SUMMARY**

The early recovery of the September correction also looked very corrective in that it seemed very three wavish. The horizontal blue lines show the presence of good support and the upper white trend line now also represents strong support. The price neared the upper white line, I had posted a criticaljuncture alert and noted the significance of breaching the upper white trend line. 

To this end, I wanted to share some attributes of the September 2017 correction and how it could have some fractal influences to this current recovery. 
<center><img src='https://s17.postimg.org/41xy5hlkf/Screen_Shot_2018-03-06_at_11.20.59.png'></center>
***
 The Hurry Up & Wait syndrome has been in full effect. This is when the impulse moves near vertical and the correction phase slows to a crawl. The red ABC waves have been labeled and the subwaves fall well into place.

 The past is no guarantee of future performance, fractal impacts do linger. 
<center><img src='https://s17.postimg.org/k06nvld7j/Screen_Shot_2018-03-06_at_11.20.01.png'></center>
***

**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
<center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>
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properties (23)
authorhahajin
permlink2018-04-09-1
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root_title"BTC (BITCOIN) : Could Still Be Holding the Breakout Baton"
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