SUMMARY
ENG has undergone a healthy correction. As to whether the ABC corrective waves are complete or not, the below chart shows a potential breakout that could be in progress.
Clearly, the presence of a 5,3,5 set of waves show a ZigZag in the works. The five subwaves of the c wave show a full placement of all five (white). The breakout currently looks very abc or three wavish. This means that in order to display an impulsive reversal, a higher high woud allow the completion of waves 1,2,3,4 and 5. This would provide the earliest signal of a trend reversal away from the corrective downtrend. There are other alternate counts and they will be shared later if they rise in probability. Thus far, primary count remains as an abc until a higher high is recognized.
Legal Disclaimer: 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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Best coin pick up for 2018 imo.
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Salt is also good. Check it out. If you are looking for something cheaper DCT got a good supply and it can be boosted easy.
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Good post thanks @haejin
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Thank you so much for giving this useful information in the form of giving link. I was looking for information about cryptocurrency.You don't believe that how much you are useful for us because you are giving us cryptocurrency news every day. I love the way you are sharing your knowledge with us.
That's why I'm coming on your profile again and again. Keep sharing such news with us. :)
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What is the Enigma privacy protocol? Why do blockchains need it? And what can we create together? In this short video, find out why Enigma will power our decentralized future - and how you can help us build.
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thanks for the tutorials!
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Great crypto coin to be picked up in 2k18
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Enigma is a great project with a lot of potential to be Oin the top 20....highly recommend reading white paper.
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it's an awesome project, mega team too
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Thanks Much helpful
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Thanks for the information.
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Everyone please stop feeding haejin money! if you say that ten coins will rise a day obviously your going to get a few hits in this lucrative market. He makes multiple posts a day accumulating over 300 dollars a post. We need to stop feeding him money because all he does is decimate the reward pool and doesnt care about steemit or steemians! NO MORE HAEJIN
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