BANCOR (BNT) Analysis: Bullish A,B,C,D,E Triangle; Wave 1 target $5.40; Wave 3 Target $9
SUMMARY
BANCOR (BNT) looks bullish with an A,B,C,D,E symmetrical triangle nearly complete. As teh below chart shows, the most likely next step is for waves to start imuplsing up (blue i,ii,iii,iv,v). This will carry prices to top of white wave 1 and that target is about $5.40. Then, an a,b,c red correction to mark blue wave 2. The next set of blue impulse waves will mark the top of blue wave 3 with a target of $9.00 or so. Notice how the subwaves of blue wave 1 are fractals to those of blue wave 3. The same for a,b,c waves of wave 2 being fractal to wave 4. The remainder analysis details of big Elliott Wave pitcure with Wave 4 and 5 are in the video.
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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.**
When is Segwit2x?
How will it affect BTC and altcoins?
Segwit2x is a banker and MasterCard takeover
That is not TA so not haejin's topic... and I don't think anybody know for sure, but usually people buys BTC to get the free fork coin, and then sell. So considering what TA is showing, BTC will fall fast. About the alts, TA suggest many going up, but if BTC goes down, they probably will too... probably.
And SegWit2X should happen at block 494784 or around November 17th or 3 weeks from now.
Great analysis. Thanks!
Thanks a lot for responding my request!.. I hope you are right about the price of Bancor too. Cheers!
Please know as high value upvoter, you have direct line to me for questions and analysis. If you send me Twitter follower, direct messaging can be possible.
Twitter handle is: @haejin_crypto
I will also send consistent updates on Banco via twitter directly.
I will also send consistent updates on Banco via twitter directly.
@haejin if you could please update your thoughts on BCC/BCH that would be great. I have been watching presumably non algo buy orders in the 7 Digits eating up the bots sell orders at much higher Prices when comparing exchanges. Makes me think there is heavy accumulation going on. My rather newbie take on Chart reading tells me that is exactly what is Happening. I also wanted to thank you for your ideas. I literally signed up to steemit because of you! The calmness that you projekt in your Videos and the thought processes that you Spill out has made me a better Investor already. cheers
Here is the BCH update, please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/bitcoin-cash-bch-bullish-updated-analysis-and-elliott-wave-count-target-usd1-250-what-how
thank you!!!