Cardano (ADA) started its genesis with an ABC correction. A good number of earlier ICOs have this type of genesis and usually those ICO'd during a correction or soon before. The founder holders usually panic sell into the correction thinking the ETH (or whatever coin) received from pre-ICO could decline in value. Regardless, it doesn't change the destinations of waves. The chart below shows a red and a blue ABC pathways. The red shows a correction that could be complete and the blue shows a one more lower low potential. Would one panic sell should the blue scenario occur? I see it as an opportunity to deploy some cash using a laddered entry.
I've added the relevant subwaves for the red ABC scenario which indicates that current microwaves could nearly be complete. The five white subwaves of (c) could still get a lower low..but if it follows Bitcoin, the higher degree of trend wave (2) could be complete.
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?
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Follow me on StockTwits for UpDates!!
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Hi @haejin,
It seems you got a $10.7746 upvote from @starjuno at the last minute before the payout. (18.09h) and this comment is to make everyone aware.
Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.
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Balls are actually arranged with one higher than the other to prevent friction
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Indeed but the higher ball will eventually falls down because of the gravity😂
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I'd like to show gravity my balls😂😂
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😂😂😂
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We are legion
We never forgive
We never forget
Plus, @berniesanders and @fulltimegeek are coming...
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Your Inner Light shines so bright in your comment post.
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I didn't come at you, you were the one who came at me in my first month here, flagged me for no reason. I made a card for you, even made it strong, and you and rancho still flagged me.
That was also my best post ever. If you were talkative back then and willing to reason, I wouldnt oppose you in the first place, but you decided to screw me instead.
Btw, care to see it again?
And your buddy's
As you see, nothing bad, tried to be humorous, and have 46 already for the different players in the blockchain... do you know from those 46 how many flagged me? Just you and rancho, for $300... in my first month.
Now tell me whose light shines bright.
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Nah man. You're the big bad boogey man and @haejin is always the victim. Anybody he attacks, he attacks in self defense....even if they didn't attack him. He is the all-knowing prohet (Elliot be upon him) and therefore must never be challenged or flattered.
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Could you repost this? I've been dying to see what you put for the others haha
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I think I will invest some BTC to Cardano...seems that the rocket is about to take off...
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After the BTC, for sure.
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Hello Haejin's followers, I know a lot of you are new here and still trying to figure things out. I wrote a post to explain how the reputation score works. Feel free to check it out. No need to upvote, just read it so that you know. https://steemit.com/reputation/@moeknows/some-interesting-facts-about-reputation-on-steemit
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I like bacon soup
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Poop or no poop
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up vote and resteem..
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I am HODLing Cardano since it was 0.08 $ expecting great things from this project. @haejin
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Nice post.following u
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네감사요칼다노도가즈아
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I am always humbled and captivated by your sound and vivid explanations about cryptocurrencies.
This always makes me wonder, if I would reach that expert level in cryptos.
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Thanks for the artiçle. It has enlightened me.
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Son zamanların en popüler kripto parası.. bilgilendirme için teşekkürler
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thanks for your analysis.good job
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sorry bro i do not understand that what happen is going to on. If i make some mistake please do not mind.
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Do you like use same chart every time and just turn it backwards when you think its gonna rise ? Like the disclaimer im not an advisor but listen to my advice.
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LOL! That’s a good one!
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No i am serious i saw that guy predicting litecoin or zcash explosion and he was 100% wrong like you guys are only using math no common sense or any source of information. I tend to keep those opinions for myself not encourage others to invest on my hunch. Dont you have ethical or moral problems with this?
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You look like a corn recycler!
Does it taste better the second time?
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Thanks for the information. But what is going on in your comment sectionals it healthy?
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actually I want to inves in managing this application .. but my SBD is less, I will be patient until my SBD is adequate .. thanks
@haejin
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Did you know that Cats don't actually have nine lives?
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Some of the information was unknown thanks
Nice post .
its related to bitcoin.
its a really informational post.
thanks for share.
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Gracias.
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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 208.56 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
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I was actually asked to spam this post 😂
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Like, please don't downvote me. I just spam for the highest bidder
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Congratulations @haejin, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 50 and the total pending payments to posts in these categories was $4373.23. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
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If you're just coming. You're welcome to the sperm party.
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Whazzzzz up....
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Thanks for share it
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dingdong!
I was invited to this party?
Do I get a witness vote?
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No. You get a shitlist vote. Kinda the same thing
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Lol I know right?
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No witness vote from my 2,900 MV.
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Well, lucky me, because the daily payout of your profit share would cut deep into my reserves
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Thanks Haejin for contributing to the community. I always appreciate your TA on all cryptos requested by all.
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Shouldn't that be Space Shit and not Space Ship? Greetings!
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thank you for your analysis.
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