SUMMARY
ByteBall! What a name! Can't help but chuckle whenever I get this coin analysis request!
Now, take a look at the below chart. Which one is Byteball?
You get my point. I want to drive home the "All the Same Market" concept. The very high pattern similarity is only because sentiment is very uniform throughout cryptosphere! I'm confident of this because the similarity index is being driven by three types of patterns: Cup & Handle, Downward pointing bullish symmetrical triangles and Jaws of Wealth broadening patterns. The fact that there are SO MANY of Altcoins displaying one of these VERY BULLISH patterns is also why I'm convinced that Bitcoin HAS NOT TOPPED! The Altcoins need to get their day in the sun and Hulk SMASH UP!
The below chart is for ByteBall which placed vintage impulse white circled roman numeral impulse of five waves. The purple red a,b,c represent the flat type of correction. Purple a,b,c are the subwaves of red wave a; the blue a,b,c are the subwaves of red wave b. I've also put down the five subwaves of red wave c. As you can see, there remains one more downer for circled white wave v. Then the green impulse waves should take price to new all time highs.
Talk about a "Hurry UP & Wait" syndrome for cryptos! ByteBalls is executing it perfectly. Observe how the white circled roman numeral impulse waves were completed with haste! Then the slow, drawn out correction which is FINALLY about to complete. Bullish on ByteBall! Now, when is the best time to ladder in? At the END of an a,b,c correction. Are we at that stage? YEP!
Please review these Tutorials on Laddering! and Buy/Sell Setups!. These books: Elliott Wave Priniciple & Technical Analysis of Stock Trends arehighly recommended!
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - d2e60e9856c36f34
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
Legal Mumbo Jumbo: 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.**
GBYTE is one of those coins that is way ahead of its time.Thank you @haejin
No doubt ...i agree...this is one that makes your head hurt just thinking of the possibilities and things this coin offers
The rocket has left the station H! :D
damn. missed
Bam...looking good right now
It seems EOS hourly chart becomes “hurry up and wait” pattern.
Good point! Always expect that from the Cryptos!
Lol! Volume dropped a lot the last 24 hours.
Is this a good sign?
The "Hurry Up & Wait" syndrom e in cryptos is when the impulse five waves are always completed in no time and yet the corrections are very long.
Just read the comment about ByteBall in the previous post. Wow! Thanks!
Profits await!
@Haejin - Aaaaaaaand... KaaaBOOM!!! :) Already at $600 today.
your all post are amazing, we can learn a lot from your post,i love your post.
You've posted a lot of beautiful ones.
I liked your post.
Please upvote and comment in my post. And I will replay my comment.
Can't wait for that terminal end of the C wave!
Any chance of doing a BNB analysis? It is a strange coin that has added to its functionality and as result...making a nice run...would like to know a possible top to perhaps sell off some...thanks.
Here is the BnB update. Very little price data but should be reliable:
hi ever body
To investors in the currency market here are some tips that may avoid you big loss and give you a lot of profit
1 - Avoid margin buying and short selling because the burden of losing it exceeds your capital and lead to bankruptcy if you missed your expectations.
(Do not trust your expectations very much, because they may let you down)
2 - Do not believe the rumors, because the effect is imaginary and not real.
(Rumors of how much money was wasted, and lost of times)
3 - Do not risk everything you own, when you decide to sell or buy.
4 - Do not rely on one income method, invest to create another source of income (do not put eggs in one basket)
Please do gcr (Global Currency Reserve)
Unbelievably impressive TA and EW example on this one haejin...WOW!!! Thank you