SUMMARY
GAS is presenting a confluence of indication of an upcoming price rise. Currently, it's doing a very healthy correction in the form of a wave 2 which coincides with the handle formation of the Cup & Handle. The Downward Pointing Bullish Symmetrical triangle is also adding to the bullishness because this pattern exhausts the sellers. This triangle is labeled using a,b,c,d,e waves and each can be subdivided into 3 waves; 3,3,3,3,3. By the time the triangle is at or near the apex (the point at wich the two lines of the triangle intersect); most sellers have sold and gone home. That leaves only the buyers and a price surge follows. You see, it's all about the tug of war between buyers and sellers and sentiment is the underlining influence. The chart below shows how an impulse set of waves can take the price to 0.0113 BTC or a 170% profit potential!!
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
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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.**
BTS
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BTS under huuuuuuuuuuuuuuuge correction on btc/eth AND usd pairs, I just bought some. I will hodl this, BTS just have to go to the moon.
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NEO
Bullish wick on the bullish flag
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HODLING GAS FROM LAST CALL AT AROUND $47
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"most sellers have sold and gone home"
I like this description a lot ! 😊
Actually you always present your analysis in a very nice way!
If possible, may I have your opinion on RISE/BTC and VIA/BTC ? is it cup and handle?
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*Upvoted for visibility
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https://www.tradingview.com/x/SsXWbh1X/
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My tank is already full, lol.
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Could you please do an update on Status (SNT)?
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Yes, it would be nice
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Thanks =] Fourth!!!
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FIRST!!!
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Lol you did it ! Congrats !!
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He's fast
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lmao thank you. i spent 5 hours sitting by the screen waiting for my chance
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That's some dedication.
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lol someone has to call first. So I accept the responsibility
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thanks! I couldn't have done it without you!
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Woot!!! thanks @haejin, already recovering the intial investment leaving the gains do the rest of the job until April 😎
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Bitcoins .... Subasta de Dinero Online
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Thanks for the call. Hope it pans out!
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Good evening! All Good profit :)
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Guys dont forget about XLM!
If its really an ABCDE its finished
https://de.tradingview.com/chart/XLMUSD/ZqkdLPUZ/
Great Gains everyone
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I nabbed some XLM after haejin's recommendation.
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hey man, im blown away at your analysis on these coins. Great work and keep them coming. Hopefully i can latch onto one of your winners.
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Any update on RISE?
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good post friends ,,, I like it, I ask for a moment, make upvote and resteem, my blog for a moment
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Good! I have held most of what I generated.
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Thanks for the analysis... It seems there will be a good profit out of this.
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Thank you as always. Please do another TA on BCH. It's a tough one to discern at the moment. Thank you again.
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Thank you Haejin!
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Am I being an idiot, or is there potential for an ascending channel, I will not be offended if you say this is utter nonsense.
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Yes could be indeed. Could also be the C of an standard 5/3/5 correction ... Only thing we know is we do not know. I'm on the permabear side, so for me got to go down to at least 10k$, time will tell. If it goes up, great, hodling goes up, if it goes down BTFD !!! Power of TA, just do what you got to do without fear nor greed.
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Thanks much for constantly updating from the previous post of Gas. Could you please look at Pillar, it exceeded your target of .90 cents. Also can you update on Everex please?
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nice!
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@haejin consolidations like geo and verge have broken down they have similar patterns to ltc and btc could this possibly be a tell? geo looks to be headed much much lower , just saw your post on it and i think people are probably locked in much higher. love to hear al your thoughts
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Great! I really like your posts! Keep updating us. Please don't stop posting.
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Hi everyone, sharing my past strategy for Gas that I get from the Neo holdings in Binance. Usually every second of the month, I take the distribution and then buy a small Altcoin such as Cindicator, my last purchase. With this new report by Haejin, perhaps this month I'll hold it for a month or two instead.
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Please follow him on Stocktwits at https://stocktwits.com/HaejinCrypto
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Hodling GAS. NEO ICOs coming.
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Know any particular ico names? They would certainly need the Gas to function.
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Around fifty. RPX, APH or CPX just to name a few.
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thanks for update
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I think your Post is for a big group of people very helpful!
Thx for making this Website for us!
Upvote when your in my opinion @alokkamboj
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Thank you very much.
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can you please do a LEND/BTC analysis
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Appreciate the helpful analysis. Thanks.
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