Global Currency Reserve (GCR): Frequency of Fractals within a Broadening Pattern
SUMMARY
The below chart of Global Currency Reserve (GCR/BTC) is quite unique in the sequence of fractals. Even in these, the hurry up, vertical nature of the price rises are followed by the longer and wider corrections. A precision execution of the Hurry Up & Wait Syndrome.
When viewing the MACD, there was a point of consolidation (blue circles) before the near vertical rise in price and MACD. There is a cycle being played out in both price and MACD and the frequency of this cycle is naturally very fractal. Given the current price sitting on the bottom trend line support and MACD consolidating...in which direction is most likely for the next price movement?
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!!
--
--
I am waiting to sell anyway, because if I sell what I bought now, I will loose more than 40%.
Sometimes I think aboout selling every crypto I hold and stay away but I always tell myself that there will be a new all time high sooner or later.
We hope for the best in 2018.
What do you think about this analysis?
Very interesting! I have never seen these charts before! Thank you for sharing! I have a ton to learn! haha
What do you think about this analysis?
que bien
Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e
I just sold in a loss. This coin is complete shit. The wallet does not even work. You cant even download it. It the shit coin gets delisted everywhere. Stay away from that trash
Insightful post @haejin.
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 111.76 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".
Congratulations @haejin, this post is the forth 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 43 and the total pending payments to posts in these categories was $1795.77. 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.