SUMMARY
It is during these types of corrections when a pile of cash allows one to go shopping at a discount! That's why having 10% to 15% of your portfolio as cash is so invaluable. It provides a sense of empowerment when others are just wading in a mortifying situation of impasse and loss!
I have been and will continue to provide what I see as potential ground level opportunities. These are only my analysis and presented so perhaps they can augment your due diligence. The below is a chart of the LINK/BTC coin and it's a sight to behold because as soon as the handle pattern is complete, the upward destination could be quite high and impressive! I've labeled two potential landing zones for the handle formation. The first coincides with wave 3 of the white Elliott Waves. The second coincides with the blue Elliott Waves. These only show that there are multiple pathways, but same destination.
Here is the chart that shows Elliott Wave pathway towards 39.800 Satoshi. Notice how the first set of five waves represent as subwaves of a higher degree wave 1. This speaks to the fractal nature of motives which consist of impulse five waves and corrections and it repeats at all degrees of trend and at the same time.
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!!
Follow me on StockTwits for UpDates!!
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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
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Disclaimer: 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.**
Cup & Handle, my favorite pattern. thanks!
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Hey all!
I have put together some picks. They are low market cap coins that I believe have great potential for profit. Obviously there is risk and do your own diligence before buying. I am not a financial planner or advisor.
In no particular order:
(Follow me on my new Steemit for daily picks, and have an excellent day!)
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Thanks for the list. There are so many potentially good coins to invest in, it's nice to have a list to check out.
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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 320.75 SBD, based on the pending payout at the time the data was extracted.
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Could you please do an update on Omisego?
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can u plz cover neo teacher ,plz upvote if u guys want see neo covered
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I've been working on this chart for NEO most the day.
📈
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thank you very much for the information .. maybe your analysis is correct, this is very help us all .. Good luck 😉
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:)
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thank you very much for the information
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I am looking at the huge discounts after this drop and chain link is one of my new purchases. I am glad you covered this coin. Thank you for all your hard work👍
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genial
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Thanks !!! I guess I get to hodl these ...
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Haejin, if possible and invaluable video would be one that discusses the current simultaneous corrections going on in the market.
A lot of people are getting caught up in the FUD and the emotional roller coaster. Hearing from someone that has traded for over 20 years would be amazing, obviously as you've said a great time if there is spare cash, but also for those that don't and how to keep calm during a time like this, which hopefully wont last long.
Thank you ever so much for the guidance you provide and as always we should keep learning, as I am current reading the elliot wave principle book but still takes time for someone new :)
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@haejin says often that to stop the panic, you should stop watching news.. I did that, and my portfolio is better for it... Also watching the tutorials helps :)
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thank you
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Thank you! Could you please update on ZRX?
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Great post
Please follow me @asifgoraya123
I am a crypto trader analyst and researcher.
get latest news about bitcoin altcoins realtime,
I am a noob steemian please help me to build some good audience to present my content i hope you will enjoy it.
See you all there.
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how about lend? is it doing fractals?
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Can you look at LTC
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Excellent, you have my vote and I follow you, I invite you to go through my blog maybe something you might like and help me with your vote. Regards !!
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Thanks Haejin!
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Great info man, thanks for sharing!
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Good evening we are a news community about our country Venezuela. I ask you to collaborate with funds or voteup to be able to buy our necessary equipment to be able to document in a better way with our team, Thank you very much for any contribution. greetings Good post
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https://steemit.com/bitcoin/@farah-kamran/bitcoin-interest
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Nice post.
https://steemit.com/bitcoin/@kunalparikh/kfc-canada-is-accepting-bitcoin-for-fried-chicken
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Thank you Maestro. That's what I was expecting :)
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Congratulations @haejin, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 386 and the total pending payments to posts in this category was $10948.04. To see the full list of highest paid posts across all accounts categories, click here.
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Here's a step by step guide to buying Chainlink: https://getcrypto.info/chainlink/
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Better to stay tuned and keep tuned...Really all are bullish......Hurryyyyyy
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/biz/ will be delighted.
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Chain Link (LINK) is one of my favorites right now. I think the service it will provide will definitely open doors for the mainstream to get into the crypto world. Excellent.
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What do you think about what is happening to the Market currently. @haejin
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It'll be over in a day or so news was that South Korea was gonna ban cryptocurrency completely but after a lot of back lash from all even people in their own government they seem to be pulling away from that. South Korea is one of the largest cryptocurrency trading and using countries in the world 3rd actually if I'm not mistaken a shut down from that whole country would definitely be a huge deal
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