SUMMARY
AION, PBC's latest darling, has put in the necessary waves to count the complex wxyxz (blue) correction and green shoots of a rising price can already be seen. Each of the complex wave's three wave abc subwaves can be identified by the red abc markings. IF this count is correct, then there is a good potential that a bounce or a trend reversal could be soon.
The MACD is channeling between two parallel lines (blue). Price should rise towards the upper white trend line while the MACD rises towards its blue trend line. Since price is too far away from the apex, the rise and then the projected declien in both MACD and price is displayed as the white and blue arrow lines. Once a breakout occurs, an impulse set of five wave motive is expected. Timing is quite similar to the other Altcoin breakouts....late April or so.
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!!
--
--
Such a informative post.... Thanks to you for sharing @haejin
Post resteemed
Hopefully your guess is right,,, And all those decisions are on each of us,,, I think this is a good picture,,,,,
Where is @Haejin's office located at? I would like to come sign up for a one on one personal coaching session? I need his name & location where his business is located at. Please someone tell me where I can find this information at.
You have a minor misspelling in the following sentence:
It should be necessary instead of necesary.Haejin spells so much shit wrong!!!
Thought you died Haejin no post in 5 hours today. Was about to call the FBI tell them you are missing!!!
I look forward to your posts
Very funny
It will also depend on the demand of coin.
heyy. Hello .Iam a vietnamese trader, i have a all chart altcoin, It will be useful to you.sorry if i bother you. but i bet you will be interested with it, and we will have a discussion about crypto graphs.
@AbuseReports
@Duplibot
@Spaminator
@SteemCleaners
@SteemFlagRewards
@Steemit-Abuse
Comment Spam
Hi, I am a young Venezuelan, sportsman and I am new to this social network ... I follow your work very closely, and I am delighted with the potential that you show in your publications .... I will follow your post to learn and grow progressively in steemit. .. Congratulation! Keep going on
https://busy.org/@sonpham1997/btc-usd-price-forecast-short-term-trend
Coins mentioned in post: