SUMMARY
Chronobank (TIME/BTC) placed a very extended and lengthy price channel as shown in below chart. The a,b,c nature of this channel is quite apparent as this is the way to identify the bottoms. Subwave counting therefore is paramount to be able to determine the "geo" positioning of the waves as the new price data arrive in real time. Using these, one is able to the forecast the future price pathway based on probability. There is no certainty, only probability. So, the subwaves of the flat correction is labeled and based on the five blue subwaves of the red C wave, the bottom can be seen as being likely in. This is further confirmed by the price breaching the upper white line in an impulsive manner. Recall that an impulse in Elliott Waves is any set of 1,2,3,4,5 waves. IF the breakout is sustainable, the more shorter degree of trend could be 0.0107 BTC.
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.
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?
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BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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Does anyone know about the actual coin?
About TIME!!!
Great analysis! I'd love to see analysis on the current outlook of VEN after its recent breakout.
Agree with ahmad. @salahuddin2004 is more better and accurate expert than haejin. Look at his yesteraday update and cryptos are flying from that point.
Agree with ahmad. @salahuddin2004 is more better and accurate expert than haejin. Look at his yesteraday update and cryptos are flying from that point.
Yeah both of you are crap.
@umerfarooqorak
Guys open your eyes. I am not promoting anyone. But @salahuddin2004 deserve respect for his TA. Look at haejin new drama
Muchas gracias por compartir tus análisis
great to share
thank's for info about cryptocurrency
Amazing mind sir
Thanks for sharing😊
Kaufen oder Verkaufen?
Ich kaufe jetzt lieber als verkaufen
Your Technical Analysis is good and thanks for sharing my dear @haejin
Analysis copied... Nice one
Good post I really like that
Thank you Mr Haejin for your tireless efforts.
May I ask you to update the ICONONMI ( ICN ) wave count, since it has done what you forecasted only yesterday and now possibly climbing wave 3?📈🔝
Thank for us sharing. .
It's really amazing.
Haejin have you looked at HTMLCOIN (HTML)? It's interesting and looks similar to Bytecoin
What time scale for investment are you using? And what exchange is this on? Helpful info for new traders :)
Daily; Hitbtc
The info is at the top left.
Finally my account has been approved! so my first reply has to be Thank you Sir @haejin your post are very informative and has been a great source of learning the ways in crypto. Thank you
good !!
Unfortunately, I had to sell mine when Bittrex delisted it. :(