SUMMARY
ICONOMI (ICN) is expected to bottom on this correction. It's amusing how ICN is the same airport code for Incheon Airport in Seoul. ICN had broken out of the symmetrical triangle that also counted well as an abc correction. The breakout was impulsive as shown by the blue waves. Elliott Waves states that after five waves, there is a a requisite retracement, often in the form of abc waves.
A closer examination shows that the corrective waves are actually an expanded flat. Expanded Flat corrections has the B wave reaching far higher than the start of A wave and the C wave declines below the A wave. Subwave counting is crucial to be able to determine and project with good probability. The tail end of wave C could be as the yellow subwaves show.
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.
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?
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Keep up all the great work and always ignore the disrespectful people Haejin. Your work is incredible valuable to the community. Please also see what I contribute to the community to help you make immense gains. Over 50K subs/followers total now and growing fast.
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ICON-IC!~!!
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UBIQ?
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LADDERING IN!!$$🚀✅
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Folback... Repost pless
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Any chance for an analysis for Numeraire? The MACD is really weird for this coin
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nice. love your videos haejin!! you the man
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New update BTC?
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If Btc duplicates last years perf then it will go to 200k by year end. It will hit $7800 before mooning again.
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$120k
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Hi Haejin, love you videos and analysis. Would you be so kind to be able to do another review analysis of 8BIT coin. Your analysis indicate significant growth over the next month. Since market correction is this still the analysis? Kind Regards
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TNT Right on ! Could you also look at NAV. Thank you Haejin !
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$SKC Skeincoin chart's formed a cup with handle. It's one of the most undervalued coins which has an active team and great community. Low supply, low marketcap.I think we should see x10-20 in the next few months. They've recently announced a new website. @futuranaft
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thanks. have a nice day
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Hi Haegin, could you do Neo
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Guys open your eyes. I am not promoting anyone. But @salahuddin2004 deserve respect for his TA. Look at haejin new drama
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Hi Haejin, love your videos. Could you please do a review of 8BIT again. Thank you kindly
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Gracias por compartir tus análisis
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I love your posts, thank you so much for sharing Haejin!
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great article thanks for sharing
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Great read
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can you please take a look at YOYOW
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Hello Haejin can you please do RDD analysis. It's been 3 months and would like to know if it is still correcting. Thank you
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Love to see both experts view on same cryptos. Haejin can you provide predict target like @salahuddin2004 did in his prediction.
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Love to see both experts view on same cryptos. Haejin can you provide predict target like @salahuddin2004 did in his prediction.
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