SUMMARY
Note: For anyone who missed the BitcoinLive Information Webinar, here is the replay link: https://youtu.be/No4frLOz3UE
As of June 4th, ALL Crypto Analysis will be posted on the BitcoinLive channel and Steemit will be dedicated for Equity, Commodity and Option Analysis. To Signup for the BitcoinLive limited Founding Membership slots, use this link: https://get.bitcoin.live/haejin/
__
Combining chart patterns with Elliott Waves has been a powerful algorithm to project probable price pathways. The below shows that Eaton Vance Corp. (EV) ran up an impulse wave (blue) sequence and that coincided with the 2008 financial crisis so that the ABC correction was fast and swift. Since then, the upward wedge pattern has be formed. A ten year pattern...it's probably not to be ignored.
There is a potential for price spike up and out of the top red trendline but only briefly and come right back down and start correcting into a wave 4, as shown in the below chart. IF this count is correct, then there is a wave 5 remaining. There is also the wave count scenario of price declining further than shown for wave 4 but they will be presented as an update in a few weeks.
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.
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?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
thanks for the dedication and time you give to your posts. this is another great post as always.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes,it is very helpful for me.I'm interested on it.
@haejin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great my dear best of luck
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for the information you provide.
This information is very helpful to my understanding. Although I am still difficult to understand. I am not a businessman, but only a teacher in high school.
I will try to be a businessman even though not as good as businessmen.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am very interested in reading your post,
your idea is very bright,
thanks for sharing useful links for others
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Muy buena información que nos compartes, muchas gracias.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So nice thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes,it is very helpful for me.I'm interested on it. @haejin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit