Artbyte (ABY): Bullish! Triangle Coiling Pattern Target $0.028 (233% Profit Potential)
SUMMARY
Artbyte is completing a classical a,b,c,d,e triangle pattern, very similar to what ZEN Cash is finishing. The chart below shows a,b,c are complete and shortly, d and e should also complete. The prior waves 1,2,3,4,5 show an impulse completed and all five waves are followed by a requisite three wave retracement.
Not how wave was extended and the resulting deep retracement of the wave a (red). For a Technical Analyst who knows the personality trait of Altcoins, this deep retraced could have been side stepped. Target is $0.028 or about 233% profit potential.
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BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
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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.**
thanks! do you have an updated view on BTC and ETH? also, with things like Bitshares, how can we determine how much volume is too much to put in??
if its a small volume coin. what indicates how much is too much??
For example, if I wanted to buy 2 btc worth is that tooo much? if so, how can i find out what is too much?
I have a goodly number of BTC equivalents.
what does that mean?
i have tons of BTS. I"m not too concerned on volume as it will increase with price. How much and when to buy is a self decision that I can't make for you.
i also have quite some BTS, but i'm kind of worried about all the new competitors lik e tidex, heat, ethfinex, openanx, decentrex, kyber. Aren't you worried that they will surpass bitshares?
looks like a good consolidation phase ending.
Thank for your TA! I tell everyone I know to follow you. I hope they do. XZC is looking pretty bullish. Check it out :) Take care
Hi haejin,
I mention your analyses in my blog:
https://steemit.com/bqx/@ennnzai/bitquence-bqx-projection-short-term-target-4-244
Your feedback would mean a lot.
Posted the response.
Thanks!