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RE: SAFEX = SAFE BOX of WEALTH!! Here are the reasons why per my Analysis!!
safex market on bittrex:
BITTREX SAYS: This market is being delisted on December 15th, 2017.
safex market on bittrex:
BITTREX SAYS: This market is being delisted on December 15th, 2017.
Haejin has said that news and events will fulfill the Elliott Waves movements. So, the de-listing caused the latest huge dip, and something else will cause the steep run-up that's due. So the Waves are relevant, the news of the de-listing is noise.
I like your perspective. I would just say that the de-listing itself didn't cause anything, but maybe the human sentiment was fearful about it being de-listed. Either way sentiment made it's manifestation through the charts.
"Something else will cause the steep run-up that's due" - I say it will be human sentiment again. News will always justify news and events.