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SUMMARY
Black Coin (BLK) is yet another example of the Cup & Handle specie! Check out the girth of the BASIN! I call this the Basin of BLACK GOLD!!! The handle is complete and so the wave 1 and 2 of the impulse are at hand.....wave 5 should take price to $1.22 or higher!
For the BLK/BTC pair...check out the fractals of symmetrical triangles! It's lagging the BLK/USD but I believe when Bitcoin does a healthy correction, BLK/BTC should start rising in orgasmic surges upward!
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
Hey @Haejin. An EOS (and DASH) update on your last forecast(s) would be greatly appreciated!
BlackCoin is the first cryptocurrency that uses proof of stake for validating transactions as opposed to proof of work, otherwise known as mining.
Peercoin the first actual pos coin though
True, PoS was described first in the Peercoin whitepaper. However Peercoin still needs PoW together with PoS. Blackcoin was the first coin, that went full PoS for validating transactions and maintaining the blockchain. It was said, that the motivation to create Blackcoin was to show, that a stable and secure blockchain can work entirely on PoS alone. For this Blackcoin did a few improvements to the protocol and from there, it caused a list of forks like Stratis.
Thank you so much # LBRY..... update $DNT ?! $ BTG?
Awesome! Thank you Haejin!
Thank you Haejin acording to your analysis I made my first investment i hope i make profit. Thank you...
I’m in on the BLKBTC Trade now. Thank you Haejin. Thank you.
great post. dear @haejin & thanx you so much for sharing . this post now #resteem & upvote done .
Popcorn!!
Very good
@Haejin quick question about all your posts. The first chart with the USD pair, there's no such BLK\USD pair on poloniex. How does tradingview show a chart for BLK\USD pair on poloniex ?
@haejin I host a radio show on Sunday nights from 8pm-Midnight EST (NYC time) would you like to come the show? Come find me in Discord: https://discord.gg/dpGVBcy
what a sleeper coin.
Thanks @haejin, other cup and handles found include Veri coin, Name coin, Nova coin, Peer coin, they all doing well, so thank-you!!
This reminds me of Peercoin (PPC) and it had a breakout, what do you think Peercoin will do, it seems like it will keep climbing
I'm sorry, I'm new to cryptocurrency. Now I am at a loss. Want to take borrow money to buy cryptocurrency for 30 days. But I'm afraid if I will be able to return the money in such a short time. Don't know which coin to buy.
Простите, я новичок в криптовалюте. Сейчас нахожусь в растерянности. Хочу взять деньги в долг для покупки криптовалюты на 30 дней. Но очень боюсь, смогу ли я вернуть эти деньги в такой короткий срок. Так же не знаю какую монету купить.
Sorry to hear about that @leka999999. My advice;
-Never borrow money that you are not 110% sure of repaying, this is a rule for anything but I would say most especially for crypto trading.
-Never trade with amounts that you are not willing to lose.
-Don't be so quick to jump back in, follow all of @haejin's advice and look over all the previous posts to learn.
-Do your own additional research if you want success, it's more interesting in any case when you know more about a project.
-Don't trade off FOMO that is just asking for failure.
Wish you all the best and hope you can turn things around :)
Haejin, you have the best descriptions ever..."Basin of black gold" is gold in itself.
Love your work, learning so much with your videos. Finally able to vote and give back!