SUMMARY
TRON (TRX) is so close to the apex...right on top of it! Price is at imminent explosion timeframe because the symmetrical triangle's contracting line entraps the price and reduces the mobility until the agitation of all the buyers cause geyser like release of buying frenzy. Even amidst a correction, such price breakouts can be seen. Let's see what happens to TRX's overnight price action.
The vintage impulse waves (blue, 1,2,3,4,5) depict a classic setup of five waves up and three waves retracement. The time of the symmetrical triangle seems to suffice to meet the Hurry Up & Wait syndrome's requirement.
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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Low ratings?
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Thank you. I think that TRON is worth buying after another short correction, so I will wait a bit more on this one. Massive profits, everyone.
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I bought in when he suggested prices were “imminently” going to explode at 0.1 btc. Now it’s halved.
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same here xD should have more laddered and taked nipples, but i was to euphoric
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Done that too, triangle seemed obviously done, but we're in a complex correction, or just a deeper correction, that's always a possibility you have to be aware of. Just hodl, it's gonna go up. Just wait a few months if you just want to see profits and do not like looking at your coins going down ;-)
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well, you're an idiot for blindly jumping in for XVG shit coin. There's too much BS associated with XVG. Read up before you put your money into it. TRX is not going to explode at any moment, either. And i knew it wasn't the last time he said it was. There's more correcting to do. We'll be trading sideways and down for another 3 weeks is my guess. Although - not knocking haejin at all - he's right more times than not - way more times than not. Way Way more times than not.
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Why are you buying without doing any research other than using somebody else’s educated opinion? That’s called gambling, and if you can’t own the loss, then don’t do it. This is not exact science, it is technical analysis.
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So because of the word imminently you bought in? Lol
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You must have lost lots of money... too lazy to do your own DD! No Lambos for you!
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Thanks for the update!
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I really like his update and all, but I wish he considered the market situation when making predictions, not just purely rely on the shape of the graphs...
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What did u eat last night, you are shitting all over the place. Community please upvote to get this guy medical help!
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You must have lost lots of money... too lazy to do your own DD! No Lambos for you!
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I f*cking hope so!!!
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Relax, this is simply a correction brought on by Weak Hands and some Government intervention with regards to Bitconnect, China rumor or banning Bitcoin and South Korea ban on Crypto exchanges. The only thing that came true is Bitconnect closure & Weak Hands.
South Korea Ban? No, Government just want to make sure residents pay there fair share of taxes.
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The flushing down the toilet of the #bitconnect was a matter of time. And that damn ICO was merely a money grab, pure and simple.
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Korea isn't banning exchanges btw in case anyone is wondering.
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Tron is doing a great jog. I still believe in that project and the people whos behind tronix. Hopefully the partner will be jack ma aka alibaba
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Whats the hell is this
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What is wrong with ur post? Why I cannot see the graph
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It's amazing, the amount of optimism your market analysis makes.
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https://www.tradingview.com/chart/BTCUSD/0JqCEc4z-BTCUSD-Possible-Correction-Scenario/
I totally nailed the bitcoin correction.
Please check my tradingview and steemit blog.
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z
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Thanks Haejin! You were right!
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The previous sideways line isn't useful as an indicator. Look at NXT, which is trading lower than the airdrop.
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Excelent my friensd Bitcoin.... @haejin
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is capitualtion phase over ?!? time to buy in now?
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When you buy, you don't have to dump all your cash in all at the same time. You should probably buy in stages, because NOBODY knows where or how the markets will react. Buy some now on the cheap, and if it goes cheaper, buy more. If it ends up higher, hold tight. Stage buying is a safe way to buy. IMO
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You must master all aspects of trading if you want to win. Balance is everything. Keep a wide few view and act decisively. Flailing around looking for a knockout blow is not a good strategy.
Ladder in and plan plan plan.
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That's my strategy.. :)
I used this since i was young, playing Patrician III ! XD
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But the market sentiment is not improving with tron, it is gonna take some time to reignite public interest.
Day of tron will come again but not so soon.
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We're gonna have to wait out this correction another few days imo. Then again, $0.05 is extremely low, I don't really see it dropping much below this...
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SPOT ON @HAEJIN
HATERS BE HATERS
GO BACK 6 MONTHS WATCH THE VIDEOS FROM THERE AND EDUCATE YOURSELVES.
STOP FOLLOWING BLINDLY/GREEDILY
EDUCATE YOURSELF
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I hope you are right cause I loaded up at 5 cent.
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I never hoped so much you were right... but I am not so sure anymore :/
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HAHAHA and how about 21 hours later?
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Please bring me profits prophet haejin
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buying opportunity. Has started making cup and handle?
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dear @haejin how are you ,i believed that you are very happy man for steemit earning , i am a steemit worker i help you for your up vote becous i am new my earning is very low if you help me some vote every day i have done your poste up vote follow & restime so i believed that you do every day my poste upvote follow & restime than i will be very benifited thanks a lot of @haejin
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hyyyyyyyyyyyyyYYYYY...IS Any one there knows about the "Regen".
I have blindly invested there And still No response from them :(???
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I like your post
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From the rumors I heard and in various discussions, TRON is known as a Ponzi. I wouldn't trust it to bump back up.
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Tron will be a 1000% this year, even more if it dips lower ... Don't buy if you're not sure but HODL, just my opinion ...
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it will rise
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Thanks for the update. Can u please update XVG verge.
My team is in panic mode.
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Going down ... Will go up when btc correction done, if it's a triangle, wait some weeks, just HODL, and buy if it dips more, just my opinion.
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wow! this is amazing!
thanks mate!
upvoted!
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Finally the wait is over muahahahahah!
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If you liked Tron 2 weeks ago. Then you should really like it now. unless something really changed for you. Buy what you like on the dips. this is a big DIP
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Hola, gracias por la información
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As seen last night tron has bounced back making the prediction correct
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Everyone does realise there’s so much confirmation bias dont they? If he keeps calling for it to go up from points where its obviously low, it will eventually go up because there’s nowhere left for it to drop. I can just repeatedly call for coins to go up and ill be right because eventually they will - days, weeks, months, years down the track they will. But no one mentions it or calls him out when it goes the opposite way of his calls. They just say “Oh yeah, it’s all just part of the correction - he doesn’t have a crystal ball you know”. But then when it goes up - “he’s a genius!”
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Once is enough ...
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any updates on verge?
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is on a downtrend...
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I really dont understand how this can be said right now, its doing exactly what Bitcoin is doing and almost every other coin in symetry.
Haejin im interested to know why you think Tron is going to break this pattern?
Thank you
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It's because Elliott Wave Theory ignores news. So by definition nothing around it affects it, price is all that matters....or so what I thought I understood when I listened to @Haejin 's tutorials lol
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Hope so.. cant wait to get my money back :)
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Thanks for yours analisys its really amazing your precision :)
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Lets hope that you are close to the number on this one, i will be happy if so.
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I thought Sub-wave 3 cannot be the shortest. Is the count correct?
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Unbelievable...
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Everyone does realise there’s so much confirmation bias dont they? If he keeps calling for coins to go up from points where they’re obviously low and in correction, they will eventually go up because there’s nowhere left for it to drop. I can just repeatedly call for coins to go up and ill be right because eventually they will - days, weeks, months, years down the track they will.
But no one mentions it or calls him out when it goes the opposite way of his calls. They just say “Oh yeah, it’s all just part of the correction - he doesn’t have a crystal ball you know”. But then when it goes up - “he’s a genius!”
Where was his call that we were at the terminal end of a wave 5 with nearly all the altcoins and it was time to bail? He often says that best time to sell is terminal end of wave 5. If he’s such a master of TA why couldnt he see the obvious snowball rolling down the hill towards us?
Either, 1. His TA is really not that great. 2. He’s playing us all for fools. 3. He’s just stabbing in the dark in a bull market.
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End of a wave 5 is also end of a greater wave 1,3 or bigger 5, the majority of alts are at the end of a subwave 5 of a wave 1. Just wait 6 months or so and check the chart again, maybe you will see the forest ;-)
And some wave 1 correct very deep, that's what is happenning and that's unpredictable even if it's always a possibility ... Just saying ...
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You haven't read recent posts lately right? where he called the btc correction before happening, neither the coins he predicts that are going lower?
The previous prediction on TRX said it will reach 0.21 and it did. It did not predict to get any further so following his advice was the right choice.
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Good Article, thanks for it. What I worried is : https://www.reddit.com/r/ethtrader/comments/7oh01s/trx_tron_founder_justin_sun_sold_6billion_tron/
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world can explode but haejin will keep bringing them TAs!
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Can you stop this ? It was funny the first time, now it's annoying ...
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