SIA Update: Alternate is now Primary
In my earlier SIA update, I had posted several possibilities for SIA coin (https://steemit.com/bitcoin/@haejin/sia-update-the-road-not-taken). As Robert Frost wrote in his famous poem, The Road Not Taken, the one taken makes all the difference. In that spirit, the below chart has my updates.
I labeled the waves 1,2,3,4,5 (black) and the abc (red) correction was modified as an expanded flat correction. It was the only way I could see form/fit to see that abc is complete. Having said that, let's look out for a wave iii to start as waves i and ii are established.
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.
i'll keep an eye on sia, i have no position (yet)
If you do planon buying, please consider laddering in or scaling in your buys using resistance/support points. How often have you purchase all shares in a single transaction only to see the price fall lower and lower. Laddering helps take advantage of this but also removes much emotion.
I like Sia