ADZCoin (ADZ): Thinly Traded with Potential

[haejin]

SUMMARY

ADZCoin is very thinly traded and so will not have much liquidity. Trade at your own risk. This coin could signal the bottom completion if price can breach the upper whie line of the flag. It's right underneath it, currenly. The prior impulse (white 1,2,3,4,5) shows that a large wick was wave 5 and this usually means a flameout type of buying activity that initiated the correction by running out of buyers.

Closeup shows that an abcde is as likely. IF price fails to breach the upper white trend line, then the E wave is most likely direction. However, much depends on Bitcoin's strength and it could support ADZ's upward price movement.

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 shoud 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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Comments

[cryptoclick]

Although ADZ Coin is still very thinly traded, it has a nicely developing community and already quite strong social platform (not as strong as Steemit) AdzBuzz.com
so good chances for the coin to grow :-)

[investingtips]

How To Easily Trade Ethereum/USD on the Daily Chart!

[cryptoclick]

Here's another ADZcoin Burn Report. We are gradually reducing the supply of ADZcoin and simultaneously increasing the demand. You know what this means ;)

Grab the opportunity and save as many coins with you as you can because we all know what's about to happen.

https://forum.adzbuzz.com/forum/adzbuzz-get-started/16453-adzcoin-burn-february-3-20

[rickygunawan]

such as ADZcoin will be in position not far from several hours now, though going up and down but will not move in the bottom position or topmost. Given the effect of Bitcoin prices, it seems that bitcoin prices in recent days rose not too stagnant. That's according to my own analysis. thank you

[amripalu]

very good post friend

[eagleruby71]

Please review GBYTE, the correction is a bit difficult to count

[dailytech]

Hello haejin :)

I am holding adzcoin from 2 weeks and my target is longterm holding. what do you suggest should I go with long or mid term trades?

Thanks

[greatgafe]

Nice one

[alejandrofa]

Thanks @haejin for sharing so much information in your post, keep it up

[greatstuff]

greatstuff!!! :):):)

[yenncanela]

very good!

[haejin]

Please don’t advertise on my blog. Please use the designated Steemit.com promoted section.

[twernli]

@haejin, question. It seems like altcoins go up or down depending on Bitcoin right now (cause they seem to be in sync). Why do TA on alt coins? Maybe some of the bigger ones like LTC and NEO make sense. But isn't it just whether or not BTC is going up or down? Thank you for all your posts, I love following your posts.