SUMMARY
First, the video has a very good explanation on how fear and greed emotions can be managed to better your trading. I recommend you view it.
Overnight, Bitcoin (BTC) BROKE OUT of the VERY BULLISH Ascending Right Triangle!! Volume confirmed with a surge as well, so this move is quite decisive. We should later be able to count impulse actionary Elliott Waves to track its progress towards $13,884 and most likely MUCH HIGHER!
Here is the Coinbase Chart showing the Bullish Ascending Right Triangle.
Here is the Bitfinex chart showing the breakout as wave 5 with equivalent surge in volume!
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!!
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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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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.**