)
SUMMARY
QTUM, while its taking its time, displays the pattern that says that it too has a distinctive part in the Altcoin Popcorn Symphony. If the time its taking is frustrating, QTUM offers no apologies! QTUM knows that in a Symphony, if you play out of your part, your name is mud!
Below is an updated chart of QTUM. Observe the very noticeable symmetrical triangle pattern. I've labeled the wxyxz triple combo correction and if correct, one more dip could happen. So, if this is the case, laddering in would not be a bad idea. Original target remains at $26.94.
The QTUM/BTC looks quite bullish as well. It clearly belongs to the Downward Pointing Symmetrical Triangle chart species. Time is needed for this baby to surge and that time is very close.
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!!
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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:
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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.**
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Minutes later...$28.00?!
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Haejin,
Bitcoin and Ethereum are behaving like wildcats!
What gives
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i like your post haejin
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very encouraging, thanks
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Thank you Haejin:)
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i follow your post
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Thank you so much my friend! (Yey, she will stop begging now, lol) Love you Haejin:)
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Your the best Haejin! thank you so much for all your posts.
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Haejin, check out RLC/USD, is looks similar, one long triangle since the start... I'd love to see you do some analysis on that.
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Boom! We're at $29!! Update please :-D I'm hodl this one!
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