<center>![](https://steemitimages.com/DQmVRmBpJR6tJhqrfmyGhDrVMnzfTBGR1u52FSa6pgwe6AQ/image.png)</center>
--

**SUMMARY**

**The TREE COUNT for Shorter Term Traders**:

If you are a trader on a shorter term perspective, then we are likely at or near wave 2 and 3 would be next. Price could go sideways also before risig to 3 as is often the case. So patience of a fisherman or a hunter is to be used.
![](https://steemitimages.com/DQmUABCxyYBun8GhkZsDBAAvYhZXuwy3sj86HXprQUdFLe1/image.png)

Forward discernment can be used to shape out an inverted H&S as below. Let's see how price moves in the next few days.
![](https://steemitimages.com/DQmYq4dv1o2Jwfazpx1oX2DkgEqLifV1mG3ri7LZk7STAFq/image.png)

Longer Term "Tree Views"

For longer term investors, this level and prior low and even if new lows appear; represent buying opportunities. IF wave 1 is complete and 2 is already or about to; then wave 3 up is next. From a time horizon of months to years, price flicking around is no bother.
![](https://steemitimages.com/DQmNpPug125ArikGRSyDVEsjKPGf4GbS1kj976AGYaggpfo/image.png)

**The Forest Count for Long Term Investors** has not changed in that since the genesis of BTC, a primary degree wave 1 has completed and the "tree" counts are only showing that maybe wave 2 is still in progress. At this "bigger" picture or larger degree of trend, what matter does that make? None! For longer term investors, this kind of price movement as shown above is like a fish out of the water and has little bearing.  For "Traders", yes, the short term tree count has utility.

![](https://steemitimages.com/DQmesq79HyZ8cV9dgnuNDEPho79Ng6cbYSjvme9XbnBHU7Q/image.png)

**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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. </center>

Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
Follow me on [StockTwits](https://stocktwits.com/HaejinCrypto) for UpDates!!
--
--
<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



<center>https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif</center>