Spread Coin (SPR) Downside Target: $0.26
SUMMARY
Spread Coin (SPR) is about soon to offer yet another opportunity. I've consistenly stated that the best time to buy is a the terminal end of a correction. As SPR presented back in November of 2017; it is soon about to do the same; an invitation to buy while sentiment is negative. Back in Nov, sentiment was deadset against SPR...many called it a dead coin. That is expected to repeat.
The below chart shows a second round of impulse driven Elliott Waves and a subsequent abc correction in progress. This is yet another ZigZag.
A closer examination shows subwaves of the final Wave C. The blue waves show that 1,2,3,4 are complete and the final stretch of wae 5 could be at hand. The green circle shows a buy ladder cast zone. No, NEVER empty a wallet into a single coin or trade; that's not a de-risked strategy.
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.
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!!
--
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Don't let the bastards (and the bastard bots) win.
We need to keep posting good comments, and support each other. Let Bernie and the bots waste their voting power on us while we prop up each other.
Be sure to report the bernie spam posts to @steemcleaners each time it happens.
Y will! didn't know such thing existed, thank you <2+1
steemcleaners.org is the site, you fill in the form and then they will start downvoting the spammer
Spread Love is the Crypto Way...
ncie one
wow...good information tnx..for.sharing...dear...
Have resteemed this post,i have followers whom it might help
All the currencies are towards the down trend. Do you have any idea when the market will take up trend.
I klnow it's not very wise nor recomenden, but what You ppl think about trying to catch a falling knife around 2K satoshis?
Good idea, depend if you want some to HODL no matter what.
Buy now 50% and put a limit order to 2k sat with other 50%, or 25/75 or even with more ladders (see haejin tutorial on ladder for that) or just 100% at 2k sat.
Trying to catch some coins at really low price is always a good idea :-D
Yes, i usually ladder in and out like the tutorials from haejin, but when trying to catch a falling knife the ladder windows is very narrow, although never is a bad advice to remember to ladder in <2+1
yes spreadcoin is now at 0.49$but its all time high is 3.08$ on 7 january 2018.And if we just look at the graph right now the price is very low and if market will recover in next month then the price will surely go to 3$ again so,it means that its a right time for investing in spread coin and we will surely get 5-6x returns in 1-2 months for sure.
Hi @haejin!! How you doing!? Can I get your opinion on CHAT? find it interesting, also UP, maybe useless for the moment in South America, but still I believe is a good call. What's you opinion on CHAT? thanks!