SUMMARY
LISK (LSK) completed an impulsive motive of five waves (white). The correction has been sideways, though the range has been broad. The blue WXY labels thus far suffice and the subwaves also add up. However, the price waves can morph and extend into the triple complex. The MACD also shows an oversold state that is getting deeper. This level of oversold condition is often not sustainable and would likely lead to a trend reversal or a sizable bounce.
The finer subwave counts show that blue W and X are complete and Z is near complete as shown by the abc (red) and wave c's subwaves 1,2,3,4,5. The terminal end of wave Z is where a strong horizontal support zone lies. All waves seem near completion and so either overnight or tomorrow, a reversal of some type is expected.
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i can see a bounce, but can a reversal really happen if BTC is still in bear mode?
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look close with an open mind with what these people are doing with open source smart contracts and passive income.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e
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^--- You made this exact same comment at least 22 times in the last 4 hours. View these duplicate comments
Upvote this comment to support @duplibot and help reduce spam and superfluous comments.
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Hmmm no prediction for uptrend level?
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DOESN'T TAKE A ROCKET SCIENTIST TO FIGURE THIS OUT!!!
You are just better off buying BITCOIN & HODL.
@Haejin just wants your UPVOTES.
He don't care if you make any money on Crypto.
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Follow back
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ARE YOU HERE? @Haejin just wants your UPVOTES.
He don't care if you make any money on Crypto.
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Please do an analysis on NEO!
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Very Good.
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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 161.26 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @haejin, this post is the second 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 43 and the total pending payments to posts in these categories was $2963.71. To see the full list of highest paid posts across all accounts categories, click here.
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Perfection is not attainable, but if we chase perfection we can catch excellence.
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Coins mentioned in post:
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To be fair Haejin you have been saying a trend reversal is likely in a few days, every day for weeks and weeks.
You are like the Gold and Silver forecasters who have been saying for 7 years; "Silver will explode soon!" and it has only went down really every year.
My point is: If you say "trend will reverse soon!" every day, you will most likely be right one day, and that is not a good analyst, just someone who is taking advantage of human's short memories.
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