PIVX Analysis: Is the Correction Over?

in #pivx4 years ago

SUMMARY

PIVX seems to have nearly completed, if not already, an expanded flat (3,3,5) correction (abc, red). Altcoins espcially seem quite enamored with expanded flats; I've never seen such frequent occurence of this type of correction. This goes to show the differential in how Cryptos behave vs Equities. Yet again, another example on how one can't overlay a cookie cutter equity based Elliott Wave (EW) guidance on Cryptos. The fact that the b wave is higher than the origin of wave A shows the earliest indication of an expanded flat.

The subwaves have been appropriately filled in as it is the best way to determine quality control for EW count accuracy. No, it's not perfect; such does not exist unless you have a crystal ball and no man has one.

The bullish count would look like below (blue waves). Each wave is positioned to the native Fibonacci zones and that means that it might be variant from the cookie cutter Fib lines. However, I've spent 20+ years in learning there is reason why prices often fall between or "far" away from established Fib levels. There is a rationale for all events.

While the primary count is of the blue waves shown above; an analyst always keeps awareness at top of mind and it can't be ignored that the three wavish nature is quite apparent. Hence, the red abc is labeled and no further until more price data become available.

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
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Tutorial on the use of Fibonacci & Elliott Waves
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@haejin I would like to see Steemit at Peace.

Could you please have a look....

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Here is the post

correction is a continuous process but in short term looks over.

@haejin How can we accurately interpret this datas, charts, and graphs to make sound investment decision. I'm awarw of the disclaimer though. But at least i think these you always posts worth checking out

PIVX GREAT CRYPTO! HODL BTFD

I made a TA about firecoin, very bullish market

Check it out here

from $1.76 to $2.27 short term

LRC and BRD update plz

Ohh if he break this point then big chance to pump

SORRY I WAS HACKED

Good to hear that sir
Thanks for the analysis

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I am the true cryptogod!

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Everyone go look at my firecoin projections here

Increase from $1.76 to $2.27


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Thanks.
Any update for BTG?


This is not the HAEJIN we have on Steemit
이것은 우리가 steemit에가지고 있는 해 진 되지 않습니다
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https://www.urbandictionary.com/define.php?term=Haejin

Any update on icx?

flagme.jpg

I am the true cryptogod!

My TA will bring you all riches. Fuck this imposter, I am the true leader.

Haejin sucks, so follow haejinsucks!

Everyone go look at my firecoin projections here

Increase from $1.76 to $2.27


Your mother was a hamster, and your father smelled of ELDEEEERRRRRR BERRRRIEEEEEEESSSSSSS!!!!!

Congratulations @haejin, this post is the sixth 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 42 and the total pending payments to posts in these categories was $3583.15. To see the full list of highest paid posts across all accounts categories, click here.

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I am the true cryptogod

My TA will bring you all riches. Fuck this imposter, I am the true leader.

Haejin sucks, so follow haejinsucks!

Everyone go look at my firecoin projections here

Increase from $1.76 to $2.27

There is something extraordinary about this. I don't see the b wave being higher than the origin of a very often. Strange things seem to be happening in the crypto market lately

BTS update please @haejin.

This piece of information is very much welcome by me. I'm going to consult with financial experts on this.

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 215.92 SBD, based on the pending payout at the time the data was extracted.

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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 215.91 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".

Thanks again for your TA!

flagme.jpg

I am the true cryptogod!

My TA will bring you all riches. Fuck this imposter, I am the true leader.

Haejin sucks, so follow haejinsucks!

Everyone go look at my firecoin projections here

Increase from $1.76 to $2.27


Your mother was a hamster, and your father smelled of ELDEEEERRRRRR BERRRRIEEEEEEESSSSSSS!!!!!

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