ETHEREUM (ETH) Analysis Shows a Lower Low in this Pattern & these Elliott Waves

in ethereum •  7 years ago 

SUMMARY

Ethereum (ETH) is trending and patterning for a lower low into this correction. The ABC correction outlines the broader strokes of the terminal end of this retracement. The current red C wave is positioned at the 0.78 Fibonacci zone.

The lone term lower, blue support line thus far stands unbreached. Filling in the subwaves shows that the whole ABC can be categorized as a Flat correction. The final five waves of the C wave show an incomplete series of five (white). The projected target for white wave 5 of red C is at around $421 which pretty much resides on the support line which must hold against any decisive breaches.

Closeup shows the final white wave 5 of red C is in probress as shown by the blue subwaves. The confluence of the Apex of yellow wedge triangle, long term support line and the blue wave 5 target has the 0.781 Fibonacci as the target.

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.

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Elliott Wave Counting Tutorial #1
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Why Ehter is going so down?

I know with bitcoin there si so much going on but Ehter has so much use and other services which are being built on ether then why it is going down like crazy?

Anyone has idea or any forecast when bitcoin will hit the $15k again?

It is soon time to buy back in to ethereum :)

I posted this chart almost two months ago:

It's just the way market moves! :)

Make sure you downvote all of @Haejin's scammy post!!!

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Hgin You should stop your SCAMS NOW!!!

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Why do you buy so many upvotes @haejin ?? ...you never make the money back!!!

@haejin what has happend with you bullish scenario? I wasn't to lazy to scroll down and find your earlier post on Ethereum, here is one made 21 days ago: https://steemit.com/ethereum/@haejin/ethereum-eth-bullish-outlook

If you don't understand charts, stop posting! You can learn something from me, here's my post on Ethereum made at the beggining of February (almost two months ago):
https://steemit.com/cryptocurrency/@andriustovis/ethereum-3-or-5-waves-correction

Every TA of haejin is just a possibility, he often say 'IF this count is correct ...' , but it should be obvious. TA is a game of probability, not of certainty. If you do not like his TA, do not read it, if you think you can do better, do it.
Best attitude should be to do your own TA (with MANY counts for awareness) and check experimented analysts TA to see if you missed something. That's what I do. (and I will never think neither say that I'm better than another because my primary count is more correct, sometimes it will, sometimes not, in many cases you just can't have a primary count and you are lucky if the one you choose is the good one).

When will ethereum reach 421$?

My arrow is just an indication! Check my blog for latest Ethereum update. Tomorrow will update it

  ·  7 years ago (edited)Reveal Comment

I'm not misinterpretating! He is just making bunch of mistakes in most analysis. As a regural follower of haejin, don't pay attention to my comment and try to earn money from his analysis:)

  ·  7 years ago Reveal Comment

Check all my posts and you will see! If its to much, take 10 random. I dont need a list:)

  ·  7 years ago Reveal Comment

Make sure you downvote all of @Haejin's scammy post!!!

Screenshot (85)_LI.jpg


Hgin You should stop your SCAMS NOW!!!

https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts


YOU CAN EARN MORE MONEY ON STEEMIT BY DOWNVOTING @HAEJIN

VISIT @FLAGAWHALE FOR MORE DETAILS

Make sure you downvote all of @Haejin's scammy post!!!

Screenshot (85)_LI.jpg


Hgin You should stop your SCAMS NOW!!!

https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts


YOU CAN EARN MORE MONEY ON STEEMIT BY DOWNVOTING @HAEJIN

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WARNING! The comment below by @travelerjoe leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.

Cryptocurrency market very boring nowadays.

Thanks for sharing cryptocurrency update providing news.
I appreciate your post.

its very good news to us .pls advice what should to dolike-all.png

Another one we agree on Haejin! Midterm and long term indicators usually override the short term indicator on my analysis (unless it moves strong enough to flip the mid and longer term indicators). Today's price action will most likely be enough to flip the short term indicator (depending on where it closes) for ETH and it will be 7 Day Down, 30 Day Down and 365 Day Down... Good call Haejin.

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
EOSEOS6.786$0.5%32.66%
ETHEthereum521.277$-4.31%-14.5%
QAUQuantum0.133$-0.49%-6.78%
WAVESWaves4.623$-3.55%-7.49%

If you love airdrops check my blog here at steemit. And i try to forward only legit airdrops but sometimes i make mistakes which i admit when i see i was also duped. But never ever give anyone anything(like coins, keys to wallet etc.!!) when you should get sth. free(like airdrops)!!!

What do you think on ETH vs NEO.
Love to hear you thoughts
Thanks for the post!

Neither of them
Eos!

Hmm .. To consider as well.. THX!

Hgin You should stop your SCAMS NOW!!!
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts


@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.


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It's only meant for use as informative or entertainment purposes.

@Haejin You do not provide any entertainment. I brought you some.

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  ·  7 years ago Reveal Comment

Good information. If you just hold what you have it will all pay off in the end.

Thank you for the update Haejin.

really good work in the article.good post about cryptocurrency.keep it up

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  ·  7 years ago Reveal Comment