SUMMARY
Here is a relatively new coin and it started its genesis with an Expanded Flat (3,3,5) correction. Since nearly day one of my blog, I've shared that the most ideal time to buy is almost always at the terminal end of a correction. DragonChain (DRGN) could be presenting such an opportunity. While there is the likelihood of price opting to go sideways for a time extension, even after a breakout of the below wedge pattern, a closer examination might worth while.
The subwaves of an Expanded Flat means that red A has an abc (white) and so does the red B while the C has five. Since the wedge pattern is a diagonal; I've decided to label it as 1,2,3,4,5. Since the genesis of the coin started as a correction, the whole pattern could be a Leading Diagonal of an A wave and a breakout could lead to the subsequent B.
The finer subdivision of the remaining wave 5 is shown in blue. It could be almost done! Price proximity to the Apex is also ideal.
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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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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Essay: Is Technical Analysis a Quantum Event?
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New coin.... New opportunities maybe
https://steemit.com/cryptocurrency/@mkhatri18/ico-review-yggdrash
I bloody hope so!!
I have so much faith in this project
NICES AND I AM SUPPORTED TO YOU AND THANKS FOR SHARING ABOUT A POSTS.AND I AM THANKFUL TO YOU.THANKS.
Very good photo appreciate your creativity, I like you @haejin, your post is very good.
thank you for sharing information @haejin. The information you post is very useful.
Hey!
Useful information about the day opening price, For all current and future readers.
Today's date 17/03/2018:
Bitcoin: 8509$
Ethereum: 612$
Ripple: 0,70$
Bitcoin Cash: 998$
Litecoin: 168$
NEO: 66$
Cardano: 0,18$
Stellar: 0,24$
EOS: 5,2$
Monero: 220$
Have a good day everyone!
I'm learning so much. keep it flowing @haejin..
Kindly follow me guys then I will follow back thanks :)
Bitcoin and SBD is relatively so low right now. This could be a good option. Thank you so much for this.
Thanks for stopping by.
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Amazing Dragonchain
Yes!
I’ve Ben following this coin and while the chart and analysis is solid, it’s not the whole forest view. The ICO price ended on 11/02/2017 at 938 satoshi which is aprox $0.063. It hit exchanges at .25 in December and quickly impulses to all time high of 5.27. Calculations against the ico price shows an 88% retrace is at $0.63 which is aprox apex of your downward wedge. This heavy retrace was caused by over talking up of the tokens connection to Disney by ICO holders and heavy dumping after impulse. Kucoin is its only real viable exchange and so it’s liquidity is very little. I therefore expect to see lots of horizontal action near after the apex bottom hits. I expect this to turn into a cup and handle after a some more time. It’s a solid coin and I expect high profits on it if buying in at $0.63.
Thanks for stopping by.
You may can visit & love me @steemit-helpers
you say you do that to help people. I and many others have lost a lot of money by blindly following you. so we are the stupid ones. you teach in trading now and you say you have 15 years of experience. I have learned a lot thanks to @philakonesteemit and I still call myself amateur but a much better analyst than you now. @philakonesteemit teaches us about elliott waves fibonacci, macd and other indicators. he knows exactly how to buy and sell in detail. He shares this free on youtube and updates on his twitter. All this for free. You do this to make money on steemit and not to help people. from January we are in a bearish. both for bitcoin and altcoin and you encourage people from January to buy further because you say the market is bullish. Stop hurting people and you must follow lessons yourself before make analysis. I follow this men already 2 months and he is realy good. What i lost by follow you. I am making now profit by not follow you and follow this men: https://steemit.com/@philakonesteemit
you say you do that to help people. I and many others have lost a lot of money by blindly following you. so we are the stupid ones. you teach in trading now and you say you have 15 years of experience. I have learned a lot thanks to @philakonesteemit and I still call myself amateur but a much better analyst than you now. @philakonesteemit teaches us about elliott waves fibonacci, macd and other indicators. he knows exactly how to buy and sell in detail. He shares this free on youtube and updates on his twitter. All this for free. You do this to make money on steemit and not to help people. from January we are in a bearish. both for bitcoin and altcoin and you encourage people from January to buy further because you say the market is bullish. Stop hurting people and you must follow lessons yourself before make analysis. I follow this men already 2 months and he is realy good. What i lost by follow you. I am making now profit by not follow you and follow this men: https://steemit.com/@philakonesteemit
I like your analysis man thx I'm new to this and enjoy what you post
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To fly! regards
why dont u chart vs. btc?
directive
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