SUMMARY
First, here is an update on Bitcoin. The A,B,C,D,E triangle is apparently still in play. Each has been subdivided using different colors to show three wave attributes as 3,3,3,3,3 corrective structures must be maintained. Target of $6,200 stands.
Here are the didactic examples:
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: 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.**
Looks like ascending triangle wave.
Hi Haejin, Can you please take a look at Neo. Does it still look like it would go to 22.03.
I will update NEO tomorrow. It is Friday night and party time!
(i am a NOVICE) but I think maybe Neo is currently in Wave 2 (downward), trying to find Wave 3 bottom.. if that makes sense.... so i think yes maybe it could reach a lowerbprice than now ($28.5)
it seems bearish to me but idk how low either
Nice! I like the patterns detail. It is very useful when we can see the real thing and can the see how it unfolds. Thanks!!!
really appreciate it haejin. Thank you for all of your work brother.
My Pleasure! Kindly consider to Upvote, resteem or follow!
I would like to know your opinion about this count and if this the last wave.
Technically Correct and it'll work. I prefer:
Extended 1, 3 is not shortest. Form/Fit looks better.
Upvoted. Can you do one stratis? (Strat)
Thank you.
No real change from last update. The c wave has to be lower than wave a (red). Now is a good time to ladder into it!
@haejin, you seem to be using ABCDE corrections more often... Is there a reason why they are becoming more frequent?
It's an attribute of Cryptos. It's very interesting. EW counting cryptos is revealing more of their uniqueness....nuances or personality. They are not exact same as equities.....more pure, less manipulated and so more reflective of sentiment and so that of waves. But even amongst cryptos I sense wave differences.
I believe it's the same as a Cellist who plays a Stradivarious and a Gofriller Cello. They have very different "personalties".