AION: Bear Flag or BreakOut?

in #bitcoin7 years ago (edited)

SUMMARY

In the course of putting in the downward pointing wedge, AION had completed a bear flag. The current dilemma is as to whether this price rise is yet another bear flag or not. The pattern has now put in an overall abc (red) correction that subdivides quite well.

It's interesting how a Bull Wick was put in and so provides a differentiator to the first bear wick which was NOT preceded by a Bull Wick. My primary count is shown as an impulse wave of blues. This is with the caveat that Bitcoin doesn't start running downwards.

Legal Disclaimer: 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.

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Plain and simple...as Bitcoin goes, so will the alt-coins.

I thought crypto market will be back in track very soon.But now i think it will take more time,still it's quite tough to say what is really going to happened.Market needs to be stable now,otherwise people who were waiting for some positive movement they will start panic and start selling then another down fall may come.I have faith in you and i like your calculation.Let's hope for the best.@upvoted and resteemed.

It's a tough time for crypto but this similar occurance happens most years. Blockchain is here to stay. Which coins/projects survive is a completely different story.

@rupok hoping that it recover soon.

Why Crypto Investing is a Terrible Idea... Graphic Language and References Used... Do NOT read if you are under 18 https://steemit.com/bitcoin/@investingtips/why-cryptocurrency-investing-is-a-terrible-idea-warning-18-only-graphic-language-used

Thank you for the information is very helpful for beginners!
Please senior guidance!
@muzecklou

Traders follow me I will follow you back.
I want to learn new things from others and share my knowledge with them.Thank you.

I'll take a look over your posts, drop by my blog and see what can you learn from there :)

upvote and resteem has been done

I agree with your primary count.

Hoping this bounce happens! fingers crossed :D

wow it's amazing it's so incredibly incredible to keep the boss of his wonderful career

significant!

God when will this thing go up.

Takip et

ICX/BTC

I'm thinking ICX will break it's previous ATH soon, hoping the same for ven and neo

Very interesting I'm following you. I invite you to a passage through my blog so that you leave me a vote to help me friend (Y)

항상 감사드립니다^^♡

kolay ve anlaşılır

There are many speculations over cryptocoins. I believe bitcoin will be stronger at the end of 2018 than 2017. maybe 60K usd. But all these analysis are based on drawing lines on the chart. Don't you think it is wrong? These lines can not show what will china do. Or NBA will accept BTC payments. So if u have BTC just HODL. if not Buy some...

Hope it will go up soon. Expectations are high in crypto markets

Please upvote me. Thanks

Everyone please stop feeding haejin money! if you say that ten coins will rise a day obviously your going to get a few hits in this lucrative market. He makes multiple posts a day accumulating over 300 dollars a post. We need to stop feeding him money because all he does is decimate the reward pool and doesnt care about steemit or steemians! NO MORE HAEJIN

This post was voted on by Haejin. Haejin does work to damage the steem economy and commnity, you should look to fight against this blatant abuse of power. Upvote this comment, hold up the middle finer to haejin.

Morons

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