OAX is another ground floor candidate. Take a look at the the Cup & Handle and price is climbing the right side wall! I believe wave 2 should coincide with the handle formation. Waves 1,2,3,4,5 should first hit $8.78 and then $10.10 for a 380% profit potential!
When the OAX/BTC pair is as similar in pattern as its OAX/USD cousin...it's bullish!! This means that sentiment is bullish strong such that the rate of demand for the OAX/BTC pair is expected to easily outpace the rate of rise for BTC. The Cup & Handle is uncanny and the Elliott Waves should take the price to 0.001156 BTC or HIGHER! Yes, new all time highs likely ahead!
Here is the OAX/ETH pair...even more bullish! The Fractals are almost always indicative of proportional move potentials. So, look how far Fractal #1 moved the price up....how much higher do you think the Fractal #2 will move the price proportionally? My target of 0.0126 ETH is conservative!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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 - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Disclaimer: 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.**