SUMMARY
Walton Chain (WTC) is about complete, if not already, with an expanded flat. This is an ABC correction, except the B wave is higher than the origin of A. As you can see in the below chart, the B wave is higher that prior white circled wave 5, which is the same as the start of the red A. The C wave has morphed into a downward wedge, which is the second most common pattern in cryptos.
The subdivision of wave C has several ways and I've selected the wxyxz. All waves seem and look complete. However, price still remains within the confines of the downward wedge boundaries.
Drilling even deeper confirms the probabilit of this ABC being complete as being high. Let's see how the next few days' price action pan out. The alternate is that price continue its sideways action.
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
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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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please....help me...
I lost my all....
donation please...
351PnFWj8t6SuHAaGLrYJHJePM3EcuT3Uk
I will die.... please...help me...
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I hate that sentence "within the confines of downward" but I guess we will continue like this until the wind of good fortune blows again in our favor. Thank you for the update sir.
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IM SAD!!! My Goldfish Died Today. Can I Get A Few Upvotes?
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BTC has shown the first moves on trend change.
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dont know why but i kinda love these chinese cons. neo. ven and others. i think they are the future, cos chinese do everything in their own way. baidu just for example
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you say you do that to help people. I and many others have lost a lot of money by blindly following you. so we are the stupid ones. you teach in trading now and you say you have 15 years of experience. I have learned a lot thanks to @philakonesteemit and I still call myself amateur but a much better analyst than you now. @philakonesteemit teaches us about elliott waves fibonacci, macd and other indicators. he knows exactly how to buy and sell in detail. He shares this free on youtube and updates on his twitter. All this for free. You do this to make money on steemit and not to help people. from January we are in a bearish. both for bitcoin and altcoin and you encourage people from January to buy further because you say the market is bullish. Stop hurting people and you must follow lessons yourself before make analysis. I follow this men already 2 months and he is realy good. What i lost by follow you. I am making now profit by not follow you and follow this men: https://steemit.com/@philakonesteemit
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Make sure you downvote all of @Haejin's scammy post!!!
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Coins mentioned in post:
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Hehe
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Well after the social media scandal it took quite a knock but has recovered slightly doesn’t look as bad since we in this bear run but Walton has rallied in recent days after news broke about a possible airdrop for Walton owners! Same thing happened with LTC when LCC was about to drop
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everything is possible
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