SUMMARY
SONM (SNM/BTC) is shaping out a Cup & Handle consolidation pattern which had started back in October of 2017, so yes, the pattern is quite lethargic in progress. However, the pattern seems near complete. The cup has been formed and the handle is in progress. The whole SNM chart starts with an ABC (red) correction as shown in below chart. The wxyxz triple combo labeling fits well into the scenario of an elongated handle formation.
The blue impulse waves often compose the right wall of the cup pattern. The subwaves of wave Z is always an abc (red) and likely a zigzag (5,3,5). The volume also bowls in confirmation for the rounded bottom of price.
Closeup shows the WXYXZ but the subwaves of the red C of the subwave ABC of Z. The blue impulse waves represent the subwaves of wave C in five. So, 5 of C of Z is nearly complete and IF correct; a trend reversal point could be close at hand.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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
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Tutorial on the use of Fibonacci & Elliott Waves
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Have you done an analyze of NEXUS?
It should be getting a lot of attention soon
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Nice!
Over a year ago when I learned that Nexus' founder's father was one of the founders of SpaceX was when I knew Nexus will be something special one day
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@haejin, can you predict how your day is going to go tomorrow? I'm thinking not so good, but you should run some analysis on it...
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Hi Haejin i wouldn't worry about explaining yourself you are doing what we all wish we could do we are living in a free world and you can do what you want that's your business and i pat you on your back for such a great effort and following and reward pool if it aint you it would be someone else these people that bring you down have no life and nothing better to do they are just jealous of your earnings .These people will never change there ways and will be always jealous of anyone doing good. Stay strong and dont waste your time reading any negative posts cheers Deni Guerrera
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thanks for the info.
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I sure hope this does shift. This coin has been taking the worst beating in my portfolio, even though it is my favorite project.
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WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you.
WARNING - WARNING - WARNING - WARNING - WARNING
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 206.54 SBD, based on the pending payout at the time the data was extracted.
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Excellent information! Thankx
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thanks for sharing.
@wpbeginner | Crypto-pro
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very pertinant, I subscribe +1
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This is a good one and I think it will help traders, I should read up a bit more and possibly give a trial...
Thanks for sharing @haejin
Kudos, The world is yours
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When will bitcoin hit 20k again?
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110% agree on that score
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Bro i now all your ups an down in becoming successful in steemit and i also read about it pls help by upvote me as it increases my reputation as u said in a site @hajin pls help and upvote
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WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you.
WARNING - WARNING - WARNING - WARNING - WARNING
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Very good post
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Thanks for bringing us this information..it gives more opportunities for traders and people in the market world
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Coins mentioned in post:
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...
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Hello I used to read your posts and comment over them your posts were helpful and my level started growing but some day some people downvoted my comments idk why and my level fell to 9
If iu can help.me in anyway it will be great kindness from your end
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WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you.
WARNING - WARNING - WARNING - WARNING - WARNING
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WARNING - The message you received from @Haejin or @StarJuno is a CONFIRMED SCAM!
DO NOT UPVOTE & DO NOT TRANSFER any funds to these people!
Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION.
Any money you send to this criminal organisation can be traced back to you.
For more information, read this blog: @FlagAWhale
Please consider to upvote this warning if you find my work to protect you & the platform valuable.
Your support is welcome!
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WARNING - The message you received from @Haejin or @StarJuno is a CONFIRMED SCAM!
DO NOT UPVOTE & DO NOT TRANSFER any funds to these people!
Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION.
Any money you send to this criminal organisation can be traced back to you.
For more information, read this blog: @FlagAWhale
Please consider to upvote this warning if you find my work to protect you & the platform valuable.
Your support is welcome!
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WARNING - The message you received from @Haejin or @StarJuno is a CONFIRMED SCAM!
DO NOT UPVOTE & DO NOT TRANSFER any funds to these people!
Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION.
Any money you send to this criminal organisation can be traced back to you.
For more information, read this blog: @FlagAWhale
Please consider to upvote this warning if you find my work to protect you & the platform valuable.
Your support is welcome!
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