IOTA Update: A Sea of Three Waves

in #bitcoin7 years ago (edited)

Talk about a complex wave 2 correction. This is quite common in Cryptos, I've seen it in ZEC, DASH and many others. Especially during their infantile low price eras. There is only abc, abc, abc...three wave corrective moves. The bottom of wave 2 (white) is extremely difficult as I only have 1 in 36 change (<3%) of pinpointing the pattern. I do know this: nothing happens for a reversal until a five wave motive occurs in the opposite direction as shown by waves i,ii,iii,iv and v (white). So, what to do? Ladder in! Build a tall, broadly encompassing ladder in cases of these types of double, triple threex3 combination corrections. Oh, yeah, patience is also needed.

So, back to what I said in the beginning of this post: I saw these in ZEC, ETH, DASH during their infantile low price days and what are their prices now? NOW is the time to accumulate, during these types of long, lethargic, churning corrections!

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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.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

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.

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