ZEC Analysis: Mid Term Target $492 (112% Profit Potetial)steemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

SUMMARY

Prior ZEC analysis showed the below chart with a prominent cup and handle pattern. Prices are still channeling within a horizontal pathway. This chart, however, was log based and so an analysis using linear chart is provided as an update.

The below chart is the linear chart of ZEC and a symmetrical chart pattern is drawn and Elliott Wave counted as a,b,c,d,e. The blue circled waves provide a probable price pathway. The video has more details and scope and connects it all better.

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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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hey haejin thanks for this! Can you do swarm city and lbry credits?

2nd the lbry request :)

@Devrim, @Rjh, and the others who are a bit confused.A few things you need to understand and which Haejin has repeated numerous times -

  1. EWC is constantantly evolving. All Haegin can do is give you the most probable and possible scenarios based on the information he has at the time.
    2.The selling of all his ALTS at $6800.00 and going to Fiat is based on the fact that when BTC does its major correction, all of the Alts will correct with it. In other words all predictions are off the table and after the correction everything will start again.
  2. Do not be greedy and wait for the maximum profit before getting out, as when BTC does correct, there is a chance you will not be able to sell your ALTS as the prices will drop to fast. Worst case scenario you will be left sitting with a whole lot of worthless ALTS, some of which will disappear off the scene completely. The others will regain their value plus substantial increases in time.
  3. Haejins analysis is far and away the best there is out there to help people like us, but you still have to do your own Due diligence, make your own decisions and take responsibility for the decisions you make.

I am sure Haegin, will correct me if I got any of that wrong.

Welcome aboard sir....excellent help provided here. You got it right.

Thank you so much for spending your time clarifying.

Could you do Stratis? Thanks

@haejin thank you for filling my request in.
I apologise if I am making you repeat but what is mid term at this time?
Earlier you predicted over 6000 for zec over spring. Is that still valid?

I believe so....timeline may be stretched just as we have seen bitcoin timeline stretched further out. The log chart is a representation of the potential, but not necessarily representation of the timeline. Haejin will be back stateside tomorrow and can hopefully answer your question to a fuller extent.

Thank you for the vote @ryan313 - Someone destroyed my rep in one swoop, from 42 to 5...I appreciate it very much!

How did that happen?

It started with defending Mr Haejins brand....and as it turns out, those with the most money in their account can squash you in just a couple flags. Admittedly, when he first flagged me, I decided to break down his plagiarism for him, and that just disrupted his world a little too much I suppose. Oh well, I don't need a reputation. I'm not here to make money from Steemit, I'm here to make money learning from Haejin, who is the whole reason I joined this site. Unfortunately the guy threatened haejin's account because of me....which is just ridiculous, so I retracted my comments and apologized.....not something I do very often, but haejin in no way deserves to be held accountable for anything anyone else does.

Sorry to hear it.
I did not join for money either but It will come in years. Your rep too will regrow.
I know you don't care much but it will.
You're in Germany right?

I'm in Texas! Haejin just visited Germany for work, perhaps that was the confusion?

Thank you scarlet

Missed you but very Perplexed.
Good afternoon.
You are citing possible massive profits on Altcoins the short term, midterm, and long term. However you also predicted that BTC could go to seven to $9000. You also posted that you plan on selling many of your altcoins when BTC reaches $6800. Also that many of the altcoins could go phasic /non phasic. So this is my problem why would you want to sell your altcoins when BTC $6800?

Same questions here!

I always like to find the post that confirms a recent trade. When something (a coin) is ~1/500th of it's ATH and showing signs of finishing correction, turning up.. might mean it's time to join the party.

What are you talking about?
1/500 th of ath? Is that zec?
Please explain.

Yes ATH for ZEC was already over $100k!
Think it will ever return to those levels?
Maybe not, However might be worth it.

I think it will.
Many coins will reach incredible figures.
But I feel sorry for the guys who bought over 1000 though. Needs a lot of time.

Thanks for the updates

thanks haejin, please do LTC

Thanks for the great post as always! Can you please check post below if meta verse (ETP) is forming a legitmate cup & handle pattern. 2 charts tell different story. Thank you so much!

https://steemit.com/bitcoin/@hippo/metaverse-etp-etp-cup-and-handle-pattern

Hi @haejin, great TA. I'd like to request about XMR. It does seem the end of a triangle. Is it about to explode? Thanks! Regards.

Here is the Monero update, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/monero-xmr-update-bearish-target-usd56-35-loss-potential

  ·  7 years ago (edited)

Thanks @scarlet! It urges a search tool on steemit!

  ·  7 years ago (edited)

There is a search next to your post button....also google haejin and any coin and it will come up. Archives are being assembled for easy access. It takes a while to figure out this platform so no worries, and welcome, welcome!