SPREAD COIN (SPR) Technical Analysis; Tartget $5.02....See how Elliott Waves are used for this analysis!

in #bitcoin7 years ago (edited)

SUMMARY

Spread Coin (SPR) placed a classical impulse motive waves (blue i,ii,iii,iv,v). And since Elliott Waves states that after five waves, there must be requisite three wave retracement; SPR obliged by placing the a,b,c (red) waves. The key questions is as to whether wave c (red) is complete. I believe it is nearly complete with possibly one more small lower low. The best time to buy is at the terminal end of an a,b,c correction. This is because there is a trend change after such a correction. This trend change can be caught and converted into to MASSIVE profits. The video contains more details on Elliott Waves, my book recommendations and micro analysis.

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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.**

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Bought some after seeing this easily identifiable ABC for wave 2! Thanks

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thanks , please can you help out with SAFEX coin. thanks

thanks haejin, please can you analyse CVC coin. thanks.

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