ETHOS Analysis: Price is Approaching the Critical Proximity to the Apex

in ethos •  7 years ago 

SUMMARY

The impulse wave up resulted in the now frequent extended, vertical wave 5. This is not the usual case in equities and yet a near everyday occurrence for Cryptos. In the correction, price spiked in wicks downward as far as the prior wave 2 and that is the usual case with an extended 5th occurrence. The symmetrical triangle pattern is also quite uncanny and very usual too for extending the correction laterally, almost as much as a complex type.

Subwaves show that the abcde labels are almost complete with wave e remaining. This wave e will also position the price to the critical proximity of the Apex. These are the conditions of an about to happen breakout. Still, wave e completion could go out to early April.

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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can we see an upswing after this

I want to know about of Elliot wave theory.Am I on the right path to know about of Elliot wave theory?
http://www.swingtradesystems.com/ebooks/Elliott-Wave-Theory.pdf

very good articles can be an example for us in steemit, thanks @haejin

Very good writing..nice to know you @haejin.

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I have been looking to get some Ethos as well. Will look into it next week sometime. I think next week will be a perfect time to buy.

very good article @haejin and I've voted

What do you think about this analysis?
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28000 thousand followers exactly wooh wooh excited for you @haejin

What do you think about this analysis?
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very nice Analysis!
good to know you

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que bien me gusta mucho tus post éxito

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I actually think Ethos could be a top 20 coin this year, especially after launching the fiat gateway in Q2 2018.

Waiting until after April for a breakout is good with me.