SUMMARY
Fractals are very effective analogous tools that help enable better future price pathway projections. Fractals are also related to cycles and everything moves in cycles, the solar system to the turn of galaxies and even price fractals are cycle derived. Now, take a look at the below chart. The fractals boxed. Do you see also how the cycle from last year is also potentially playing out again?
Here is the updated chart where I've moved up the "Your are Here" marker. Note how the white and blue fractals both have five waves up in the right wall of the rounded price formation. I believe the blue fractal is working on the hand portion of a Cup & Handle pattern. The key here is how far the red ABC will retrace. I've so far marked it to the 0.38 Fib level but it could be a bit deeper. Whould that change the analysis and projection, no.
This is what really has me excited for many of the Altcoins....the MACD! It's traversing and obeying the contracting lines of a symmetrical triangle. As it gets closer to the Apex; it'll have to explode. Do you think it'll be up or down?
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
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
Finally my belowed bitshares getting the cup and handel bullish pattern.
Bitshares 3.0 coming soon on the Eos platform, together with bench and the new wallet bitshares will rise to never before seen heights.
Now it makes sanse why @haejin and wildtrader are bullish on this coin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
On EOS plattform? Are you sure ?I heared Dan Larimer denied this. If you have more Infos let us know.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Check this out m8 this is the latest update on blue rock talk:
At 3:02 and at 3:12 they talk about the bench using eos tech
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Are Bitshares 3.0 and bench the same thing ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You will find more details here:
3:02 and 3:12 they talk about bench and eos
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How far do you think it'd go though?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Not sure m8 but some of them are even stating it can go to 90$ at the end of year which is a bit insane
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
.90 (You missing a Decimal point)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
90$ i aint missing nothing.
This isnt that mind blown to be honest considered how great the bitshres blockchain is.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"Bitshares 3.0" Doesn't mean that Bitshares 2.0 will cease to exist though, can't push the idea of a merger or migration (without network consensus) however everyone is free to perform a sharedrop against BTS for sure!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What are @haejins MACD settings ? Mine are on default and they look different from his.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Down into negative territory sarcasm
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great article! But here's an upcoming alternation coin/platform with path breaking tech!
https://steemit.com/masternode/@debasis/why-artax-team-ahead-in-the-masternode-pos-cryptocurrency-game-ecp-tech
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
am gonna buy immediately
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thats y haejin post these so we the army can buy and pump the price
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks man
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Do you think BTS is likely to hit the price points you listed on your last post about BTS; that is, around the $2.30-$3.68 area?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Petty.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am also hoping for this with my life :D
What ever you do, dont sell bitsharea he was right about it before he will be right on it again
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@haejin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is just a smaller piece of the bigger picture. He thinks that after this correction the market will rally through late june/early july $0.90 -$1.10is, then have a medium 50%ish correction for a couple months, then have another big push that takes us through to the end of the year. That would be when the $2.30-3.68 comes in. At least that is my interpretation of his bts posts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
exactly same post and content .... this is 4th time i think
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For you maybe, for me not !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's an update ya jack wagon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Coins mentioned in post:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello! I recently on Steemitt. I followed you, I hope you will follow me, too. Let's develop Steemit together! I'm glad to meet new interesting people
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excellent update @haejin ! Very exciting times, hopefully BTS will explode before we know it!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You wont regret buying bitshares ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit