Spread Coin (SPR) Downside Target: $0.26

in #bitcoin6 years ago

SUMMARY

Spread Coin (SPR) is about soon to offer yet another opportunity. I've consistenly stated that the best time to buy is a the terminal end of a correction. As SPR presented back in November of 2017; it is soon about to do the same; an invitation to buy while sentiment is negative. Back in Nov, sentiment was deadset against SPR...many called it a dead coin. That is expected to repeat.

The below chart shows a second round of impulse driven Elliott Waves and a subsequent abc correction in progress. This is yet another ZigZag.

A closer examination shows subwaves of the final Wave C. The blue waves show that 1,2,3,4 are complete and the final stretch of wae 5 could be at hand. The green circle shows a buy ladder cast zone. No, NEVER empty a wallet into a single coin or trade; that's not a de-risked strategy.

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.

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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Don't let the bastards (and the bastard bots) win.

We need to keep posting good comments, and support each other. Let Bernie and the bots waste their voting power on us while we prop up each other.

Be sure to report the bernie spam posts to @steemcleaners each time it happens.

Y will! didn't know such thing existed, thank you <2+1

steemcleaners.org is the site, you fill in the form and then they will start downvoting the spammer

Good idea, depend if you want some to HODL no matter what.
Buy now 50% and put a limit order to 2k sat with other 50%, or 25/75 or even with more ladders (see haejin tutorial on ladder for that) or just 100% at 2k sat.
Trying to catch some coins at really low price is always a good idea :-D

Yes, i usually ladder in and out like the tutorials from haejin, but when trying to catch a falling knife the ladder windows is very narrow, although never is a bad advice to remember to ladder in <2+1

yes spreadcoin is now at 0.49$but its all time high is 3.08$ on 7 january 2018.And if we just look at the graph right now the price is very low and if market will recover in next month then the price will surely go to 3$ again so,it means that its a right time for investing in spread coin and we will surely get 5-6x returns in 1-2 months for sure.

Hi @haejin!! How you doing!? Can I get your opinion on CHAT? find it interesting, also UP, maybe useless for the moment in South America, but still I believe is a good call. What's you opinion on CHAT? thanks!

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