SUMMARY
Simple Token (OST/BTC) completed an impulse five wave up (blue) an has been correcting eversince then. The Hurry Up & Wait syndrome has been in full effect. This is when the impulse moves near vertical and the correction phase slows to a crawl. This is one reason why triangles are quite common because it allows the price to become time pacman.
The red ABC waves have been labeled and the subwaves fall well into place. Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex.
A breakout is very likely and the purple Elliott Waves project an impulse rise to 8,012 Satoshi for wave 5. This would be a 280% profit potential. Will this happen overnight? No, it'll happen in a five wave impulse.
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?
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Regaular trading is a good one but should be done without greed
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#Haejin "I'll do my best. My bandwidth is about 10 requests per day."
#Steemit Translation: I'll do my best. I can only get paid for 10 self upvotes per day.
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I really need like a beginner guide to cryptocurrency and trading, as fascinating as all you've said might seem to many. I got lost at completed an impulse five wave up. I will check out all your tutorials and see if they help me 😞
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LOL That looks like a postcard you would buy in Mexico!!!
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Thank you!
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Nice write up! For anyone that wants to learn more about $OST I suggest reading this first: https://medium.com/@glen_hendriks/ost-explained-684938740e98
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It really is a great project that needs more attention, in my opinion!
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OST? 280% profit? Yeah that's one to give a try. Thanks alot though for this great and valuable information.
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Thank you! I found this very helpful.
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thanks for sharing .. I am a student and learning EW and FIB so I did my analysis, I f you have time please have a look, thanks
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It's good to see other alts being covered - thanks man - I actually bought some of these a couple days ago so glad to see you think it's going up :-D
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What do you think about it now?
)
(
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Will be looking into this for future benefits. When do you think we will reap the rewards? Look forward for us all to make some cake.
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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 228.17 SBD, based on the pending payout at the time the data was extracted.
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excellent post.
look at my last post: https://steemit.com/litecoin/@earn.moneynow/how-to-claim-my-litecoin-cash-in-coinomi how to claim my litecoin cash!
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Congratulations @haejin, this post is the ninth 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 45 and the total pending payments to posts in these categories was $3341.98. To see the full list of highest paid posts across all accounts categories, click here.
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THANK YOU FOR THIS INCREDIBLE INFORMATION
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Coins mentioned in post:
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Good analysis. Thanks for the information.
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