SUMMARY
During corrections, Altcoins can be considered as a Pac Man that chomps away at time and does so by chopping through sideways price action. Prior corrections had favored an a,b,c,d,e types of patterns but this correction seems to favor the WXYXZ triple combinations. The below chart displays the a,b,c,d,e triangle sideways price action.
The WXYXZ sideways action allows more time to be consumed. Especially if the subwaves extend laterally. The below chart has each abc subwaves labeled. As this is one of 36 corrective pathways, the other combinations could generate even longer sideways actions.
VIBE/ETH seems to have taken the ABCDE pathway an if price is genuinely close to the Apex, then the next step is to expect a breach of the upper blue line. The Apex point is quite close to price point and such breaches occur at around now. Let's observe how the overnight price action plays out.
Legal Disclaimer: 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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Looks like we have to wait for Bitcoin tide to go up so all the alt-coin boats will rise.
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Hey I see you guys give this man a lot of upvotes.
Since I got here so early how about sending me some love too.
I plan on staying here on steemit for the longterm!
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I upvote U, U can do the same... ;)
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Hi Haejin Can you look at the global market cap
Theres is a monster head and shoulders forming it appears that the left shoulder the right shoulder and the head have all been confirmed by the volume. I'm expecting a minor bull trap. However there might be a major correction coming.
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Good post @haejin ( 74 )
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This very good news update about cryptocurrency.It is very informative and educative valuable.You have included more detail about all currency update
This is very helpful for us.Thank you very much
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Nice artice...
Good to know...
Tnx ;)
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Can you please have a look at this altcoin (KRB), and analyze it.
It is kind of local ukranian but looks bullish (I think), with cup and handle
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Seem it is in accumulation time. Waiting for big boom up. Thank you @haejin for this point out
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Lets see how it goes overnight
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muy buen post
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I like the VIBE of this TA:::::
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해진님 오르기전에 해당 종목을 잡아내야 할 의무를 가지고 이곳에 포스팅을 하는게 아닙니다.
그런 것을 원하신다면 다른 곳에 유료 회원가입을 하시는게 좋겠지요.
블로그를 확인해 보니 남의 차트 참고하며 포스팅 올리시는데
왜 댁의 입맛에 맞게 해진님의 포스팅 시간을 잡아야 하나요! 코인이 한두갠가요?
불괘한 이모티곤이며 의미상실 뒷북치는 행위... 다시한번 이런 몰상식한 댓글 달면 혼을 낼 겁니다.
앞으로 해진님 포스팅은 참고하지 않으시는게 좋을 듯 합니다.
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Get the fuck out! Really?! That would be awesome! Prolly justify an upswing, if it were to happen...
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