SUMMARY
Here is Auger (REP/USD) showing what looks to be a very nice bull flag nearing completion. One might actually get very excited by a count like this and see a buying opportunity. Even cast an entry ladder to swing trade.
However, corrections for Altcoins are rarely so quick in time and pattern. Altcoins always require more time to churn the price and consolidate. The below chart shows how what might have initially looked like a bottom has morphed into a very legnthy sideways correction. The price on present day also show that the downward wedge needs to be watched for further sideways movement, especially after a breakout. As crude as the free hand drawn arrow looks, the correction could have much more time to consume. Exactly how much, I don't know. Video has more details!
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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Good post
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Hey @haejin! I liked the way you gave your information.
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your blog is very usefull and informative for us .i always upvoteyou .thanks for shareing your information .
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Thanks dear discuss about the cyptocurrancey and bitcoin .Your post informative for all
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Thanks haejin for the post.. it's really helpful.
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Great advice , but the advice will come to late for the most people ,
they will learn it on the hardway
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 172.12 SBD, based on the pending payout at the time the data was extracted.
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drama!
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Congratulations @haejin, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 45 and the total pending payments to posts in these categories was $3005.73. To see the full list of highest paid posts across all accounts categories, click here.
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Haejin! Have been following you for a long time now and respect you immensely. I would be nothing short of indebted to you if you would take the time out of your day to TA and give your opinion on a coin for me?
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QBC
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Thanks for the info
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Coins mentioned in post:
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if it's for entertainment..kapan also there is time for grief friend .. sorry for my amusement also this ... you have a post too good
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good post ;)
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Dear haejin your post is valuable
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Very good,,
Upvote my post,
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