SALT/BTC: ABC is too quick; Likely more Sideways Price Action post Bounce

in bitcoin •  7 years ago 

SUMMARY

SALT/BTC followed BTC to the correction and has thus far put in a deep retrace. Elliott Waves is showing the blue abc and the subwaves of the c wave are shown by the white waves. Counting subwaves allows closest approximation of the "geo" position of the wave progression. The purple waves are marking the subwaves for wave 5 of C. The ability to count the subwaves provides greater confidence that the higher degree of trend count is correct. IF this count is correct, then either SALT/BTC has put in a bottom or will at any moment and a sizable bounce could be expected. Could the bottom be in? Not likely; the correction is too quick. This current low is likely to bounce and then take a sideways direction.

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
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I hope to buy $2k more of SALT at $2
I love CORRECTIONS!

I have sold some SALT... But still keep some of it.

That's the way to do it, buy, sell some higher and keep some if it goes to the moon. And reinvest your profits in another coin !!!
If you panic selled and lost a bit LEARN THE LESSON !!! AND HHHOOOOOOOOOOOODDDDDDDDDDLLLLLLL!!!

I sold most of it at the top... Then bought again a bit lower. :-)

Interesting! Do you have a set percentage? I.e., like "sell 80% and hodl 20%"?

I've started laddering in, and am really enjoying it. Haven't yet done "exit ladders", but that time will come! :)

I think all my (8) ICOs are experiencing the same! : ) I'm "even" now as of today... and may be looking for a deal since the dive is continuing.

  ·  7 years ago (edited)

Tic Tac, Tic Tac...

So what do you thinks guys, is the correction complete ?

1 - YES

2 - NO

2

1 !!! The most part at least, maybe a 'little' more dip of 10-15% from now then to the moon !!!! Done is less than 2 weeks let's say :-D

Agreed -- we're two weeks away from Chinese New Year as well (the 16th).

I feel everyone is entitled to his opinion and I think I share your views and perspective. Thanks man

K

Sideways means up or down you never know

That is the market to trade in. Find an oscillating crypto-pair, buy low, and sell high, over and over.

This is dayly trading, or oscilation trading, Haejin do a week- month predictiont, so short-mid and long term, not daily trading.

upvoted and commented to support✌✌

Thx for TA! If anyone wanna some free coins via airdrops check my blog :)
Wish you all massive profits!

  ·  7 years ago Reveal Comment

haejin thanks for the TA. Can you take a look at Verge and share your thoughts at this point?

Thanks for your great work!

  ·  7 years ago (edited)

Can you make an TA about DGD pls? Actually is the best in Binance, yesteday done 150% Take a look pls.
PS. It's first time I ask for a review ever.
Cheers Mr. Lee

Here is the analysis for DGD, please use only to augmen your due diligence. Thanks!
https://steemit.com/bitcoin/@haejin/digixdao-dgd-btc-early-movements-for-a-new-coin