CND Cindicator - Jan 19 Technical Analysis - Big Consolidation To Happen. Long Term Target Set @ 2500 SatsteemCreated with Sketch.

in cindicator •  7 years ago  (edited)

Consolidation Period Before Reaching New Highs In Next Wave 5

We first see 5 beautiful waves up which makes subwave 1 and a correction near 618 fib levels. The perfect coin to trade.

We see wave 3 hit 1:1 extension, therefore it is safe to assume wave 3 can acquire near 161.80 extension based on wave 3 retracing roughly 0.618 as a general guideline.


Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Quick Intro to Analyzing Level 2
Lesson 11 Introduction to Laddering

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The technology behind Cindicator is very impressive. Anything to do with AI is fascinating to me. This had a nice run last night... hope to see that again soon.

Woohoo! Finally got my steemit account approved, first post! Many thanks for all your great info and TA's kind sir. Can you please do a TA on Doge? Would so much appreciate it.

  ·  7 years ago (edited)

Never heard of this coin...Price jumps 150% in a day?! Oh man, seems like the altcoin craze is far from over with such pumps even during the huge BTC correction we're facing now. That's good news for the market, since these speculative money are still around.

I did a quick check on their website; a telegram bot that reports arbitrage opportunities among the crypto exchanges, that's it? What the heck they need to have a coin/token for this in the ETH blockchain?? There are free telegram bots out there that gives similar signals...

And to get access to the bot, you need to buy and own an ETH address with 1,000,000 tokens, which at today's value equal to USD$240,000 ($240K)!

Anyway, yes I know, this is all about technical analysis...nothing about fundamentals. I'm sure given the hype, it will surely reach the TA targets in time to come. But for long term investment? Geez....

Hello, I'd be interested in a followup on CND. Consolidation was super fast. From my chart I'm seeing 4.4-5k sats target in the near future. Thanks.