SUMMARY
NOTE: With SO MANY requests and tons of comments, @scarlet7 has graciously offered to help group the requests and provide links of tutorials to new followers. Please expect him to be more active in the comments.
NOTE: I am grateful for your UpVotes which help me gain greater visibilty to more Steemians whom I can help. If you haven't yet, please consider an upvote, follow and resteem. Thanks!
The fact that ReddCoin is sub pennies doesn't mean you can't profit! The below chart shows a completed cup & handle pattern, though not the prettiest and I've seen my shares of real ugly looking cups! White waves (i),(ii),(iii) and (iv) are complete and that leaves wave (v). The circled blue waves project a price pathway to $0.00746 or almost 7x of current price!
UGLY CUP with a normal Handle!
Below is the chart of RDD/BTC pair. This clearly belongs to the Downward Pointing Bullish Symmetrical Triangle and it's about to EXPLODE any moment! Look how close the price is to the apex (the point at which the two lines of triangle intersect). The closer pricer gets to the apex, the more explosive and pent up bull energy there is. Target is 0.00000154 BTC!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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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 - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
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.**
Dash is rising again. can we count this a wave (iii) of an uptrend or are we still in the correction phase?
Thanks in advance.
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Is Spread Coin (SPR) still a go, or did the fall to .218 take out of the pattern? I
I'm sorry buy I can't find the post with the updated stop loss. Thank you.
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Yes! Sorry very busy.
Will updateS
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Thanks Haejin! I too am really interested in Spreadcoin - looking forward to your update. BTW- no need to apologize! We understand posting daily and responding to all your fans can lead to very busy times
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Totally agree, @haejin is blessing us with his knowledge. Between his fanbase growing and the coin market heating up I'm just thankful that he finds time to respond at all.
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If so, I would be happy to move my modest holdings into Rdd.
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Own both and diversify to catch as many explosions
I have almost 16 coins
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I currently hold (in order of held value).
Iconomi
Bitshares
Omisego
Steem
EOS
TenX
Verge
Bitcoin
Nexus
Pink
Spread
District 0x
Metal
Token
Civic
Ethereum
Many of these coins have been reviewed by you and hopefully will explode soon. Perhaps it is time to focus on patience.
Thank you for your responses, I wish you massive profits. :)
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Right patience 😃
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Haha that's right my friend!
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Nice diversification!
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It doesn't get much better than that with a modest portfolio as you put it!
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This is my strategy as well cast a large net laddering bit each day... I'm actually using my daily BITCONNECT PAY out so it keeps me disciplined and I hodl for these HUGE moves that are to come!!
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Prime strategy, I do the same with my mining rigs, instead of sinking paychecks into the market, I let the crypto pay into the crypto!
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May I ask what coins you mine?
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Right now I'm mining ETH and SIA. I don't have a massive set of rigs, so nothing with a huge difficulty. I was mining BTG on the launch but just kept having issues with hashrates. It would start out just fine...I leave to work, and suddenly it's cut down by 80%....so I figure since alot of GPU miners moved to BTG I would just go back to ETH and SC. Right now my rigs are limited due to not updating ethos....and due to ethos. When I get a chance, I'm gonna just swap to Windows for it all. I don't necessarily want to do that, but the software is just easier to navigate and switch coins without having issues or errors. I'll only do that if I want to mine other coins. ethos is great for some coins (Z coins, ETH, SC) but it is limited as to what miners you can use on it, where as everybody caters to the windows crowd, so there are actually more options. I was mining XMR fora while, but the results were just too little to be worth the CPU power used. I just moved, so I just got my setup running again, which is why everything is out of date at this point. Do you mine at all?
I'm going to look into leasing to SIA as well pretty soon, just to add to my regular payouts. It's not much, but everything helps, especially with these less than 1 cent coins that have great potential.
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Thanks a lot for your detailed response. I've been a massive fan of Sia until @dan dropped some info on storage on EOS. So Sia is pending to become my #2. Have you thought about Storj? They pay more for your storage and they are making great partnerships. The payment is I believe 5 times higher for your storage. So you could mine Sia and Store for Storj.
What's your plan for PoS ETH? Will you switch to ETC or something else?
I bought some ETH and Dash mining contracts from Genesis mining. I also mine some XMR on my laptop just for the sake of giving finger to the governments. That's about it really.
Also please consider https://sonm.io/ to add to your crypto adventures. SONM is like Golem but like Golem-killer.
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Well Done!
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Nice one @scarlet7 thanks for taking time to organize a bit, no small task I'm sure!
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You could say that again, once we finish programming @crypto-bot it will get a bit easier.
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Thanks Haejin! I appreciate you and your talents!! MAAAASSIVE PROFITS!!!
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Welcome to Steemit and @haejin's blog. Stick around for the best trading and investment training you've ever had!
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Great post once again, Haejin. I think it's already going as we speak!!!
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Welcome aboard! This is the best analysis around. Make sure and view the tutorials and read back, and watch the older videos.....they are very enlightening.
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Hi Scarlet, is there a possibility for people to get an update on this? Thanks for the welcome and for the great analyses! I will check those olders video's
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He may update again soon, with RDD, it's a slow slow mover, so patience is key with that one. I will definitely let him know it's requested, but just FYI I doubt the forecast has changed in just 5 days, but I'll let haejin be the judge of that! Thanks for participating, asking questions and discussing will always open you up to situations you haven't come across yet. I'll pass it along!
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Ive been sitting on these awhile. Nice charts ty.
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posted is very beautifull and usefull. thank you
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Hi @haejin and @scarlet7, I have my eye on IOTA and it looks as is it inside a triangle. My question it is in a (triangle?/diagonal?) wave B from correction or this would be the end of wave C so starting impulsive 1.
Thanks for your time!
(
)
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Not a triangle since lines not angled enough
More like horizontal abcde so more up
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Great! thanks a lot!
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Thanks for sharing!
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very solid analysis thank you!
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A great post, thanks for sharing!
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Not sure I believe in red coin fundamentals. Look at the project first before investing solely on the chart.
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Similar was said about EOS and how it was a scam and how the 2 mil coin inflation wouldn't allow it to rise.
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True, but do we believe that the current social media platforms will remain, or will there be a new mover into the market that doesn't support reddcoin? One that uses it's own coin. In the short run I believe Reddcoin has potential, but there is so much room for new movers into the market. The barriers for entry are so small right now. I just want people to think about long term vs. short term.
Short term = great opportunity
Long term = uncertain
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Good point IMO. Most of this blog is focused on short term gains though. So in that sense, catching a single burst from RDD could be MASSIVE profit.....or as I like to say it could Make Your Wallet Bigger than Your Pocket.
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RDD is very similar to BTS in terms of high timeframes !
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Thanks for the post @haejin. Do you think it will ever even reach 10 cents?
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Haha....I mean anything COULD happen....but even reaching 0.007 is nearly 700% profit. If you hold until 10 cents, we may be sharing our analysis with our grandchildren!
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Haha thanks, I forgot where the previous ATH for RDD was.... 0.007 will be indeed be a great achievement, prob more wishful thinking.
I guess a lot of people be shaken but not stirred by a move to 0.007? :-)
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It could also never recover....Is that stated in Elliot Wave theory ? I'm just saying because the project seems dead.
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I'm interested to know more about your assessment that this project is "dead".
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Hi Ponggod, my mistake. I had been checking their twitter feed up until recently, and it had not been updated in a few months. Normally in this cryptoshpere an active twitter feed equates to an active team. I see that they began posting in Oct after a few months of inactivity. I had bought 7500 coins early on and I'll be happy to get rid of them at a profit when the time comes
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Fight the good fight @vimukthi I choose to ignore most of these idiots but enjoy seeing them get called out. Sending some ammo your way...
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Thank you very much. I powered up my account with your ammo. I'll flag few more for you. Just reply me if you find any spammers. I don't want much negativity in my life and I don't have all the time to do these stuff. But seeing steemit getting wasted by mostly South Asian folks (where I happen to live) who popped up on November and few older 40+ reputation spammers ruining this place kind of fires me up. I'll make sure to spend at least 30mins a day messing with these suckers who are ruining my favorite place on the internet.
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I will support you. Please don't post hateful images.
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Agreed. Call them out but let's keep the hateful pics out!
Wait, are pissed-off cats OK to post?
:)
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Haejin's cat after flooding the house. Andreas Antonopoulos says the internet was invented for cat pics.
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I heard the Mayan calendar actually pointed to a time when cats would rise up to take over the world.....but hey it's hard to nail the year dead on from a thousand+ years back!
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Ha, yeah right. I think the guy is right about that!
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The best move for this blog is to mute them. We saw the flame war that we just got done with. We don't want that. Mute them and you never see them again.
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