**NOTE: An Exciting Announcement coming out in a few weeks from @haejin! Stay tuned so as to NOT miss it!
Here is my STEEM update from 12 hours ago calling for an imminent breakout and the ones before weren't too different.
STEEM, as I type this, is breaking out! The upper wedge line has been breached and price is $2.45 from $1.49...not too shabby. However, this is probably just a preamble to the probable trend changing from down to up, a jaw dropping reversal is what we could witness. The whole Cryptosphere could awake to the same....why? Because sentiment is quite uniform amongst cryptos! Preamble usually means also a rapid decline following a vertical move up but only to consolidate and make much higher highs. So, patience and DISCIPLINE until perhaps June or so and don't forget to take profits and raise cash! Why raise cash? Because if you have 15% to 30% of your portfolio as cash, raised during the vertical price phases; you'll be able to generate kegs of dry powder to deploy into the next correction which is likely from July to September.
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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?