SUMMARY
LISK (LSK) price had been moving sideways since December 7th and this kind of price action can throw off anyone looking for a quick completion of the correction. The "Hurry Up & Wait" nature of Altcoins to really slow down on corrections is being played out by LISK.
The chart below shows a triple combination of wxyxz (blue) and it is always used during sideways price moves. For each, the subwaves are labeled as abc (white) and while the X waves are often zigzags, such is not required. While the final z wave might be extended as drawn, it contains the 5,3,5 of a zig zag abc. IF this is the case, then a revisit of prior lows and likely a lower low is targeted. Currently, once wave 5 of A is complete, the abc of B should get started.
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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Crypro is like a roller coaster ride and we should get used to it, LOL
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yes.
we really have to let it be a normal thing to us.
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I followed you. Please Follow me and upvote or give a comment on my post. I will do the same to you. Together we grow !
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Steady information thanks
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Thank You for that! Great content and post :)
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Thank you for those information :)
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Great article as always. I'm trying to get the hang of Elliott Wave still need a lot of practice. LISK looks like it has a lot of support at 20.60. Keep up the great posts.
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Aloha. Care to share about that $20 support? I see wave 5 down to $12 .... thus interested n your call bruddah
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Sorry meant resistance. My bad. Must have been super tired. Losing my mind. Minor support at 19.15. Thanks.
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This is good. Upvoted.
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Wow wow wow, market is relentless to drive out weak hands these days... Haejin, whats your analysis of ZCL? Fork soon to Bitcoin Private, will it rally? What does Elliott say, lol?
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Hi haejin
Thanks for sharing this valuable crypto information with us.
Have a great day.
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This looks like a lot of EFFORT!
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Coins mentioned in post:
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honestly i dont understand what its about, but i think this articel is very important
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Whats your opinion on the current drop in price of steem?
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Terima kasih informasinya @haejin
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This would be good to pick it for less than $10...woot woot!
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if youre not picking up altcoins at 50% to 75 % off during this bear market I dont know what to say...
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전 차라리 하늘에 흘러가는 구름이 어떻게 바뀔지 상상이나 해보겠습니다.
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I love you
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Downtrend
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 214.36 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @haejin, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 38 and the total pending payments to posts in these categories was $2267.14. To see the full list of highest paid posts across all accounts categories, click here.
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your post is good I wait for the next posting
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Amazing
Good luck @haejin
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