DragonChain (DRGN) has Completed a Bull Wick and Next Likely is a Bull Flag
SUMMARY
DragonChain (DRGN/USD) shows a completed downward wedge as shown below with five wave impulse down and a bull wick piercing of the bottom support line. Price has since then breached above and has started a minor correction.
Closer examination of the Elliott Subwaves shows that an impulse allowed the breach out of the triangle confinement and the red abc correction is likely. The white parallel lines highlight a bull flag potential and this could provide the second round of impulse workings upward.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
good post
Support free speech in the fight against tyranny of bernie sanders
I am a new comer in blockchain world. I am studying about cryptocurrency. Thanks for your valuable thinking about dragonchain currency.
Hey thanks but this time the BTC itself looking so bullish and keeps relying on support do you think it would be wise to go in favor of DRGN right now?
thank you very helpful information
Congratulations @haejin, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 90 and the total pending payments to posts in these categories was $4588.69. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 137.80 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
Make sure you downvote all of @Haejin's scammy post!!!
_LI.jpg)
Hgin You should stop your SCAMS NOW!!!
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts
@HAEJIN - You Should Watch This Video
I didn't make it. I found it searching "Haejin Video" on BING.
@Haejin You do not provide any entertainment. I brought you some.
@thabiggdogg Low Life idiot with nothing ells to do than hate people with a higher IQ than yourself. Get out of the gutter you idiot.
It's proven many times by your own actions that you are a beady eyed, two bit good for nothing sociopath!
I've been interested in dragonchain for awhile now. Would have liked to buy it around $.05, but everything else was on sale at the same time!