SUMMARY
Bytom (BTM) is likely still in the impulse mode. It has completed waves 1,2 and 3. Wave 4 is currently in progress. The MACD is a bit oversold and could get a bit more but its most likely placed. Timewise, wave 4 could complete through the weekend.
The likel pattern for wave 4 correction is an ABCDE symmetrical triangle. Given how oversold the MACD is, a turn up would allow wave D to complete. Recall that wave D breakouts are also likely and should not be surprising, should it occur. MACD and price swing upwards should be well coordinated.
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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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good analysis!! :D
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No one bytom off more than you can chew!
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feliz viernes éxito
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i am reading this post fully. this is many informed me. i'm waiting for your next post. thank you so much.
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hello @haejin you are an urban legend inside steemit, your post is very well thanks for the data and I really liked your image of footer I want one so that it looks cool
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Useful and informative content. Thanks for sharing.
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I hope you are correct on this haejin. Do you see the recent release of the Antminer B3 having any significant impact (whether positive or negative) on the value of Bytom? Seems that the market has reacted somewhat when the first batch got into the hands of miners lat last week.
Thanks!
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