SUMMARY
The similarity in chart between BAT and XVG is pretty impressive. It's as if BAT ICO was in XVG! The below chart shows a five wave completion and the resulting correction is an abc within a wedge pattern. The two rounds of rounded bottom provided the base impetus for the first round of impulse. The wedge could provide the impetus for the second.
The red abc corrective waves have been labeled with subwaves as it is a classic Flat correction (3,3,5). C waves always have five subwaves and this chart shows a count that indicates it could be complete. The breakout generated a wave 1 and while not the most ideal looking, it provides a starting point for the initial round of higher degree of trend impulse (white 1,2,3,4,5). There is leadership within the Cryptosphere and that is the five start General Bitcoin. All Altcoins are awaiting the signal to rise.
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
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Hi @haejin,
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i sold my bat recently, but it looks like a decent project
been holding for a long time, what made you sell? I'm definitely holding for 2018 and then reevaluating
i like bat, but i sold it and some of my REQ for staking coins like neo and vechain
Haejin my man! Thank you for the update on BAT. Is it possible for you to do an update on GCR?
@haejin, BAT/BTC chart looks completely different. Why do you do you TA always against USDT pair? any specific reason? how can we apply this to BATBTC pair?
Great analysis i am new to steemit!! it gave me a little bit of a Patton to look out for in the cryptocurrency would !! thank you
kisses
Very good post
Also, DCN do you think it might drop to a lower low. Always appreciate you Mr. Lee Thank you. Upvote for Life
Another excellent post. Come on Haejin do a dance and maybe the crypto's will get the signal.
Great analysis, you have a lot of knowledge about it, thank you for sharing with us.
Asking for votes is easily treated as spam. Just engage in the discussions, contribute, add value , and votes will come.
Where you see asking? I don`t ask for votes for me :)less aggression please
Are you still denying? Just kindly desist. Like i said earlier on, write good comments, contribute and add value to the discussions, and you will get votes.
I wrote vote for haejin. Not for me. Feel difference? If you thing that i asked for me, sorry, my english is not so good and i could tell something wrong.
Ohhhhhh okay. Thanks @salivores for the correction. Sorry i mistook what you wrote. And don't worry about the English, now that yousay, i understand. Thanks again, a lot.
good information, your opinion may be correct
hmmm, bullish on BAT, but is TA on alts when they're so tied to Bitcoin even useful? Anyways, thanks for the post
Nope. It's a newbie trap.
thank you very much for sharing with us .
I appreciate you sharing this cryptocurrency news because you have helped me open my mind further! I am amazed how closed minded my mind still is after all the other amazing experiences I have had, my thoughts easily suggest experiences different than mine are not possible
I have both BAT and Verge! I believe in both these projects. The reason why the charts look similar I imagine is because they attract the same type of fundamental investor.
BAT looks to privatize your personal shopping habbits while keeping business capable of advertising. Promoting privacy and choice.
Verge privacy currency draws the same type of investor that believes what I spend money on, how and when, is my business.
That and both those coins are not 1000 dollars yet :)
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Good chart
This Steemit post shows up as a Top Story from Steemit on Google. How cool is that! @ironshield
By when do you see the signal could rise? Thanks for your work, always.
Hi @haejin,
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