TRIGGERS (TRIG) Elliott Wave & Pattern Analysis: Initial Target $1.09

in #bitcoin7 years ago (edited)

SUMMARY

TRIGGERS (TRIG) placed an impulse set of five circled white waves (i,ii,iii,iv,v). Elliott Waves states that after a five wave motive, three waves occure as a retracement. This retrace is labeled with a,b,c (red). The first indication that the a,b,c correction is complete is when five sub waves of the final c wave can be counted. These are shown in red i,ii,iii,iv,v. Then the next confirmation of a trend turn is an impulsive set of five waves in the opposite direction, in this case upwards. I have mapped out circled white wave 1,2,3,4 and 5 as a projected price pathway. The video has more details to tie in better.

--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66


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.**

Sort:  

Hi @haejin, on Bittrex Trig/BTC shows another Cup & Handle I've outlined this in red.

Is this possible????
www.tradingview.png

Thank you @haejin, is there a name or any type of reference for this pattern other than Triple C&H !!! :)

Hi @haejin, you're a legend! Thank you very much for this TA!

Hi @haejin, so TRIG has taken a turn from what we spoke about, luckily I had a stop-loss set, so no major loss, just a small gain.

I guess the Cup & Handle are now invalidated?

Would be great if you could update this for everyone please.

www.tradingview.png

Nothing has changed. Please consider purchasing the Elliott Wave principles book for study, it will help to understand price swings.

I like Triggers (TRIG) Concept. 2 best exchanges we can buy Triggers (TRIG) NOW :Binance.com and Bittrex

I bought Triggers (TRIG) at binance. Cool! Great Platform and low fee. 0.10%

For more information about Binance Review: https://goo.gl/EFkkQ5

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 57852.72
ETH 2355.59
USDT 1.00
SBD 2.44