STEEM Could Go ABC or ABCDE
SUMMARY
Previous STEEM update had shown a potential for either an ABC or a triangle pattern as shown below. IF the triangle pattern was resulted, then an abcde set of waves would have been labeled. That play is still on the probable table and should price rise a bit higher and be repelled by the upper white line, then the remaining d and e waves could be fulfilled.
IF the ABC corrective pathway is selected, then the key is for STEEM to make higher highs and impulsively to exceed $4.43, it would be ideal and establish a trend reversal. This target would also exceed the upper white line of the triangle.
There is the potential of the bear flag completing as well and that would much depend on how Bitcoin price action carries on for the remainder of day or overnight.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
Steem/USD
Reverse engineered
Haejin is the best thing to happen to steemit, since Dan
Wow well said haejin has helped me soooooooo much!!
ANOTHER Bitcoin Crash Incoming!? https://steemit.com/bitcoin/@investingtips/bitcoin-crash-to-usd6k-again-haters-gonna-hate-on-me-but-won-t-stop-me
Don't let these haters faze you @investingtips keep doing you! This is mean to be a free platform for the people away from dictatorship and I will keep supporting your articles.
Steem user base continues to grow. Good news.
I see a fractal formation on the second chart is that possible ??
Excepte 5(c) went lower than (iv).
If this is the case than maybe STEEM will go much higher 20 to 30$ !?
Remembre that VICE is suppose to be launched on STEEM.
haejin makes quality post, no point in trying to undermine him
Big things are happening with Steemit and Steem will greatly benefit!
bought some steem recently while doing exactly the same analysis as you just did, well done
Steem has been looking pretty healthy the past few days. I would love to see get back to it's high...and then some would be nice.
Thank you very much. Your Analysis is very interesting.
Look this TA Vs Haejin fake TA
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-update-11-02-2018
Follow me guys the one who downvoted by this crap Haejin who spoke truth about him & want to speak about his reality.I will delegate SP to you
I lost money on bullshit haejin calls
I bought bitcoin at 17k when he call it going 24k.
Ripple $15.44, etc
That time market was bullish that's why he give bullish TA.Everyone know only elliot waves is not a solution for TA.Now he change TA every 3 days later & copy TA from other experts.Why I mention expert @salahuddin2004 is more smart than this crap.He mention us targets with no worries.Haejin downvoted me why?
Haejin you mention we see $4k before a week ago & now u change again? Zigzag dingdong up and down here & there anywhere correction abc correction bull wick single wick.?Stop this bullshit.
Look this TA Vs Haejin fake TA
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-update-11-02-2018
Follow me guys the one who downvoted by this crap Haejin who spoke truth about him & want to speak about his reality.I will delegate SP to you
I lost money on bullshit haejin calls
I bought bitcoin at 17k when he call it going 24k.
Ripple $15.44, etc
That time market was bullish that's why he give bullish TA.Everyone know only elliot waves is not a solution for TA.Now he change TA every 3 days later & copy TA from other experts.Why I mention expert @salahuddin2004 is more smart than this crap.He mention us targets with no worries.Haejin downvoted me why?
Haejin you mention we see $4k before a week ago & now u change again? Zigzag dingdong up and down here & there anywhere correction abc correction bull wick single wick.?Stop this bullshit.
If only you knew how stupid you sound to people who understand trading and time frames. Stop wasting your time with this shit and learn. Moron.
해진을 믿고 steem을 믿는다. 그러므로 난 이긴다!!
멋진 분석입니다!!! 간밤에 달님의 죽음이 있었기에 햇님이 찬란하게 떠오를 겁니다