SUMMARY
Dentacoin (DCN/USD) had gone parabolic when putting in the impulse waves and as soon as the ABC correction matured, the whole process slowed and DCN became a time pacman! The below chart shows a nice example of the Hurry UP & Wait syndrome of Altcoins where they rush the impulse waves and then become turtle slow into the corrections.
However, a closeup shows that the ABC correction could be complete. The blue lines outline the abcde waves of a sideways triangle and this often occurs after an impulse as shown by the white wave 1. The subwaves of this wave 1 compose a impulse. The subsequent abcde waves are the corrective subwaves of wave 2 and that means should price be able to break out of the blue triangle; price will then race to put in wave 3,4 and 5.
The impulse waves will likely also have to work within the parameters of the overarching rounded price formation as shown below in white. The impulse will likely accelerate as price approaches the vertical side of the right side of the Cup.
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 shoud not be considered financial or investment advice of any kind. One should consult with a financil 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.
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EOS/USD
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BTS/USD
Breakout with ascending right triangle
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Why spam....
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As Bitcoin rises, so will the alt coins.
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What ever happened to VIVA crown?
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Looks like cup and handles are back.
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you said it pal nice! they worked before and they will work again!! cheers and good investing
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Yep Hold on For The Ride!
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good old dentacoin..... That turd wrapped in tinsel demolished my initial investment of $2,000 lol. I looked at my account and it showed a balance of $500 lololol. I hope this prediction of higher highs and getting a couple bucks back is on point!!
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I wish i knew anything about bitcoin
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stick around
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Veryy niceeeee...
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My account got hacked on HITBTC with dentacoin being one of my coins that I had:-(
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So sorry to hear . Hopefully was not a lot. Steem On My Friend . You shall gain it back and then some.
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Thanks!
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@Haejin Is Stealing In The Next 7 Days:
$ 20,488.06 ( ~ 69,260.10 USD )
( 2.909 % of total reward fund )
https://freephotoupload.com/image/1aVr
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Not sure why you're accusing the guy of stealing. I only signed up with a Steemit account to follow this guy. And I upvote him... There may be more people like me. He can do whatever he wants with the gains he gets. that's not stealing. But what you posted looks a little like slander.
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He engages in collusive voting and is a threat to the future of Steem.
Good for you. Hope you work to add value without employing devious means that take away earning potential from the community at large for nominal effort.
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wow awesome analysis, thanks again haejin!
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Great post.thanks for sharing it with us.hope people will be like on this.nice blog.keep it up
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Great boss
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DCN is definitely a good coin with an great upside...Love your analysis!
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UFR DFS NEBL ADST
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Their website says there's a wallet on Coinomi, but I can't find that in their listings. Anyone else have that issue?
What's a good wallet to store for the ride?
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Hello sir , amazing as usual 🤺🤺🤺
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Well looks like it's on the last line of support. Hope it's holds and will bring me that smile.
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