SUMMARY
NOTE: Re-posting as original was made invsible by the Trolls and Haters! I give my utmost in all my analysis to provide the best possible tool so requestors can best augment their due diligence. I find it unacceptable to allow Trolls and Haters to make my posts invisible with impunity.
Here is ArtByte (ABY/USD). The impulse up was impressive and so has been the degree of deep retracement that followed. The symmetrical triangle pattern formation is also quite mature in time and form. Price is so close to the apex while price has been well confined within the contracting lines. What could be next? A breakout?
Look how the MACD confirms the pattern and price form. The yellow lines are near identical to the while contracting lines of the triangle! The subwaves show an ABC that has the final five waves of the C wave almost all in place except for white wave 5 which is just about, almost complete. Probability leans heavily towards a breakout.
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.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Thanks for providing this information. It may help me to win the next round:
https://steemit.com/trading/@let-it-fly/reward-for-providing-best-trading-opportunities-round-13-opening-1st-april-2018
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This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you.
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People sleep-in on Artbyte 🤦🏾♂️
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Thanks for sharing, @haejin. Good post, interesting to read.
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excelente post te felicito ,éxito, siempre te sigo
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Muchas Gracias Amigo!!
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WARNING - WARNING - WARNING - WARNING - WARNING
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where did you learn the technical analysis? I also want to update my knowledge about this.
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