Siacoin (SC/BTC): Symmetrically Skewed Fractals
SUMMARY
Siacoin (SC/BTC) is in progress to complete a smaller fractal of a rounded bottom formation. The below chart shows that the first fractal (white) contained the C wave of the ABC correction as shown by the blue subwaves. The symmetry is a bit skewed to the left; however, the symmetry of the blue fractal displays the same; and that's what makes it a fractal! The "Your are Here" marker shows the approximate locale of current position in development. The circles (white and blue) also show the same for MACD locale. I believe after a minor correction, higher highs should be seen.
The blue Elliott Waves show that blue wave 1 is complete and 2 is in progress. The red abc show that wave 2 could require a minor retracement towards 246 Satoshi before resuming the uptrend for blue wave 3. The MACD should also dip a bit (blue circle) before commencing to support the rise in trend reversal.
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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SIA is a great project and I'm laddering the f in...
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How does one actually become a financial advisor? 🤔
Search online as there are licenseing programs available. I'm not a financial advisor.
Why would anyone get a licence when you can give financial advice without being a financial advisor? Lol
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Great update, thanks.
Any chance @haejin could have a look at Aeternity, been a while since your last analysis on that coin and it just drew a huge cup in the past couple days. Thanks!
many thanks ! i'm followed and upvot !
thank you for your opinion.!!
Thank you for this nice update on Siacoin! Philakone mentioned recently that in his opinion this coin will reach a dollar within this year...
Coins mentioned in post:
SIA COIN is going to fuck up more and more in 2018.
We can see 1000 satoshi's then 10K satoshi's & more to come in future
from the fucking SIA Coin.