ETHEREUM (ETH) Ready to EXPLODE OUT OF THIS TRIANGLE!! These Charts Confirm!
SUMMARY
I tell you, Technical Analysis is more accurate than VooDoo! The concept of Technical Analysis is neither mechanical or Newtonian but rather abstract and thus a quantum event. The only law of this physical world that sentiment seems to embed is the Fibonacci Ratio and that is the linkage which enables Technical Analysis to peak around the corner of time. Therfore, Technical Analysis identifies as many possibilities and selects the most probable. This is why possible is not the same as probable.
When Chart Pattern and Elliott Waves combine to output a powerful algorithm that can reproducibly project accurate probable price pathway, MASSIVE profits can be gained. The below chart shows an a,b,c,d,e symmetrical triangle that's complete or will be very soon before exploding to the upside.
The power of the algorithm expands when the MACD indicator displays the exact same pattern as price. This is yet another example of confluence of indicators and pattern. POWERFUL!
TO THOSE WHO ARE ABOUT TO MASSIVELY PROFIT FROM ETHEREUM....I SALUTE YOU!!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
Definitely go up :)
Finally it's kicking up! Thanks for the heads up. Keep an eye on Dash. That beast isn't done yet.
Your charting and videos are very helpful. I watched your one on Steem recently... Hoping your analysis is correct! Thanks for sharing all of this with us on Steemit @haejin!
I wish you MASSIVE profits!
it almost always is correct! its CRAZY!!! free money!!
Thx for all the charts and ideas. Here is one you might like, AURUSD. A beautiful cup and handle on the weekly set at the log scale.
Lets hope so, I been HODLing so long my hands are bleeding! LOL, thanks for the solid TA Cheers.
A Technical Analyst has no sense of time, only Profits, not out of greed, not out of need but because it belongs to him.
Wise words
Your a Poet and your didn't even know it my friend. LOL. Thanks for the response, sorry in the delay of mine, work has been a killer lately. And your predictions were spot on ETH is moving!
I SMELL GREEN, I SMELL GREEEEEEENNN!
love you brother! Since I started studied Elliot Wave I looked at ETH charts today (big picture) and made my first purchase based on my own studies...
ETH is golden long term so any price is good but good TA can help you make maximum capital.
I wish you MASSIVE profits!
hey @haejin, how did (LBC) drop soo low? it seems invalidated by this big drop...
Did I miss the sell? I thought the 5th wave hasnt been put in yet... now its looking like i missed it lol
In the beginning, until you can see the waves before even counting, try and count at least two ways in the same direction. It will help to find the fit count.
ok I will do that from now on :)
look at the big picture and trade big trends. The bottom has been reached according to the Fan Principle. You are set for a massive profit if you are patient.
Booyah!
ohhh ok great! I have a crazy tendency to sell very early ... then hold WAY too long lmao. Thank you for your input :)
Allow to price to flick around
Do you mean buy early and sell late.. Yep know what you mean.
Look at the fan lines. The first one, super steep followed by a partial recovery. Then comes the second one - very interesting but duller with an angle. The third one is even flatter. I believe we are witnessing or coming close to a reversal point.
Besides, look at this cup and handle!
Do you think this has a potential?
MIGHTY POTENTIAL!
I know it's a lot to keep up with, but remember, that 5 is 5 of 1.....then 2.....then comes five waves for 3 back up.
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@haejin If you can make the time- would you please give an update on the btc/eth chart. seemed to break h&s complete wave down and begin up-pulse.