SUMMARY
On February 23rd; AION was analyzed using the below chart. The WXY label was introduced to track the corrective consolidation. As the subwaves show, the red Y wave was projected to occur after one more bounce in the form of a b (white) wave. The double three label is usually the choice of marking when price develops a sideways action.
Currently, price is holding to the projection overall. The final abc (white) waves have further developed by completing the b wave and the c leg could also be near completion. One has to be cautious about sideways action in price because for Altcoins especially, it could continue for an extended period. Most early ICOs have experienced this type of multi months of sideways price action that could frustrate any trader.
The final five waves of the white C of red Y shows a downward impulse where all waves are complete except for 5. This could be signaling a potential bottom for for Altcoins, a WXY has a notorious habit of morphing into a triple three, wxyxz.
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?
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correction phase is going in for long I hope to see the Bull run now
All these fake charts
Are you saying his charts are not legit?
He's just running voting pool for the whales to gain more money.
His charts doesn't mean anything that none can predict the market.
If He is right, He will make billions... He is simply getting almost 1 % of
voting pool which mean he is getting 80,000 steemian's voting money
to himself & corrupted whales. It is all about money here on Steemit.
This kind of system will fail in near future. Heajin changed his name to
Haejin to run the voting pool again. What a fake he is...
https://steemit.com/cryptocurrency/@corea/heajin-or-haejin
Ya,welcome to the haejin shoe. You can just mute him and you won't have to see it constantly clogging up the trending page anymore
Haejin, thank you for all of this! I am looking forward to our 1 on 1 session. If you have time, would you please do an update on.... thanks for information....
1 on 1 session. I wish you Massive Profits :)
Update on which coin?
He doesn't actually want an update you fool. Just upvote his comment and move on!
update on EOS! I
Sure! Here you are! https://steemit.com/eos/@haejin/eos-analysis-could-target-a-bull-wick-or-usd3-30
update on EOS! I
Sure! Here you are! https://steemit.com/eos/@haejin/eos-analysis-could-target-a-bull-wick-or-usd3-30
Wololo!
(RandoHealer has conducted healing on this post due to downvotes incurred here)
mistake dear,sry
Really nice post good work i m new on on steemit your post really helpful for me. I resteem this post.i like your post
Why was this post so helpful for you? Do you own AION?
Please my vote my ID @mohabat
Your rep is already really high! :)
Nice information sir. .. Thanks allot for sharing
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 178.42 SBD, based on the pending payout at the time the data was extracted.
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