)
SUMMARY
I used the chart submitted in the comments by @geon and have labeled the analysis. All analysis markings are mine. The below chart is quite very pretty. Let me take you through from the top to bottom. The black horizontal lines reflect the time it has taken. The five impulse waves and the correction fit very well into the "Hurry Up & Wait" scenario. Look how long the correction is taking compared to the impulse wave time.
The double rounded bottoms are bullish! These are consolidation phases that allow bulls to build up their mojo for the next push up. The second rounded bottom has morphed into a Cup & Handle pattern....a beaut! My target is $4.20 or MUCH HIGHER!!
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!!
--
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
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
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.**
@haejin thanks for this amazing analysis. It would be great if you could update on Adex when you get the chance.
Regards, @gold84
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Seconded
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@haejin adex holdr here appreciate the update man
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is a great coin, advertising industry is a billion dollar industry. I think even BAT is good from creator of Javascript, both the coins have been recommended by Haejin, I brought ripple from CEX and used it to buy BAT & ADEX at Binance. Found that they have a good referral commission also. If anyone is planning to buy it, I would appreciate if you use this referral link to Binance.
https://goo.gl/DY2GNp
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hey haejin can you do zeph token? thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting on the technicals...
What's the "one-liner" on the currency? What is it?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is a decentralized advertisement network that will run on NEO. Jihan Wu is on ADEX's team.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is a great side for getting that information : https://coincheckup.com/coins/adx-net/purpose
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Any estimate on when ADX will hit 4.20 or an Elliot wave analysis?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
AdEx has great pattern, but whole community is now confused after last month. Team was making hype around early prototype annoucement, than they get back to Feb 2018 date. There is a lot of blame on adex team for unethical manipulation of the market, reddit users were also blocked for posting questions and showing dissapointment. Last two weeks were quiet plus yea we still belive in Feb 2018. I'm hope team gone release some kind of video with working platform during December to keep up the momentum.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Haejin, could you do an analysis of ADA aka Cardano?
Thinking of buying it with latter strategy.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks you so much
Keep on
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great article!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
usefull post thnx
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Long consolidation = strong support levels. This chart reminds me of ripple, and we all know what ripple did.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@haejin what a surprise! thanks 해진님! That means a lot to me!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @haejin, it would be great to hear about $DGB (Digibyte) since it looks like it's finishing a cup and beginning a handle.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very satisfactory
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Haejin, I've noticed that sometimes you will give your analysis for one pair (USD), and not the others (ETH, BTC). It seems to me that whenever one pair does well the others follow with it anyhow, is that a fair assumption to make? Also, I saw in some of your videos that you do 1 on 1 sessions with people and accept crypto as payment? How do I go about taking you up on that? Thank you for everything, you inspire me so much.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope you're right! I have literally been HODLING Adex since the day they announced being connected to NEO back in early August. I've held firm and have waited for a day like this. Hopefully it comes true!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm in for 200 coins @ 1.20 each
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey bud, nice to see a familiar face here lol. I saw this yesterday and grabbed some when it bottomed out around 1.15 or so. Didnt realize it had this potential tho (thought double at best), gonna change my limits past double ($2.30) to start selling off.. hopefully it will go all the way to 4.20 tho.. could really use that. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great chart @geon. Thanks to both of you!
Great call on Safex Haejin! HAve a look at EBTC lately. Looks like it is cooking something big!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you too! I'm glad that you liked it. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for great updates cryptocurrency information sharing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good jobs brother...
Thank,,
I feeling good after see u're post...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's doubled since this post! Time to set up a sell ladder toward around .00084
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit