Allion (ALL) Complex Combination Correction Nearing the Finish Line

in allion •  last year 


Allion (ALL/BTC) has been moving in a complex combination correction where the blue wxyxz is also inclusive of much of a price rounding formation (white arrow line). The Cup & Handle formation is quite clear and crisp in that the blue wedge symmetrical triangle is carving out the handle pattern. Given how close price is to the Apex, the handle could be about complete and so awaiting breakout confirmation.

The finer waves show another round of wxyxz but mostly contained within the symmetrical wedge pattern. The final abc for the blue z wave needs a minor lower low as it would also bring price closer to the apex. This is all at the moderate risk of price morphing into a sideways moving continuation. Even if Bitcoin starts making higher highs, these smaller Altcoins will most likely lag the trend reversal as it had been seen in just about every correction during 2017.

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!!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Iyi paylasim


2018 HP 17.3" Full HD IPS Business Gaming Laptop - Intel Dual-Core i7-7500U Up to 3.5GHz, 16GB DDR4, 1TB SSD, DVDRW, 4GB AMD Radeon 530, WLAN, Bluetooth, Webcam, Backlit Keyboard, Win 10

What do you guys think of Shield? Quantum Resistance, MasterNodes PoS/PoW Hybrid, Own Marketplace where you can sell & buy goods, Privacy features like ZeroCoin, InstantSend and DarkSend. I think mid-term gains is easy 10x, don't miss it out.


VTech CS6529-4 DECT 6.0 Phone Answering System with Caller ID/Call Waiting, 4 Cordless Handsets, Silver/Black

You're notable analyst. I'm very satisfied to follow you.Yes i agree that you aren't financial adviser. However you information is unique.

nice post

You are great analyst. I am very happy to follow you.yes i agree that you are not financial adviser. However you info is special.

great ! love it

Great analyst

Great job,well done

very nice job.


Nice you post

Congratulations @haejin, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 61 and the total pending payments to posts in these categories was $3418.45. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 124.04 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".