SUMMARY
Not even 10 days ago, I had released the IOTA BUY Recommendation with a target of $0.82 from $0.34. The chart below was used for analysis using Chart Pattern Recognition and Elliott Waves!
Here is the PROFIT CHART! Damn! Price surged to $0.89!!!
THIS IS THE POWER OF TECHNICAL ANALYSIS
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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
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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.**
Thanks for sharing!
Bitcoin Cash Update anybody?
I don't have a primary yet for BCH. I'm looking for five impulsive waves up to confirm trend change. I'm seeing alot of mixed signals. With it's current inverse relationship with bitcoin, BTC may have to decide first. I think BTC is in flat correction to $7500.
Wave 4 can't overlap with peak of wave 1
Something like this would be nice.
More of a 1,2, (i),(ii) nested count:
Yes. I see. Thanks, coach.
Bithumb may have shut down BCH trading this morning.
Nice head and shoulders.
Volume confirms too
"ioTa" it is the 9th Greek numeral the last in the abacus before the usage of 0 the placeholder which means it has the infintemial potential in multiplication no way to no the measure of the outcomes ........ EOS the goddess the Dawn the perpetual circle ever expanding infinitely to encompass or hold within all things....... move over romans here come the Greeks.
Great Charts my Friend
Thank You Kindly
Good job. Just wondering if you think there is a cup and handle forming with BlockCAT? https://coinmarketcap.com/currencies/blockcat/
Here it is:
Pretty low volume right now, though. But where it's coming up, the volume is increasing.
Dude, we really fucked up on BlockCAT, huh? LOL
I lost on that one for sure. Too chicken to pull that trigger again. LOL
Hey, at least you did good with IOTA!
Glad this sleeping giant has finally awoken. My only regret is not picking up more while it was languishing in the .30s.
Maybe you outta listen to Haejin more!
Nice going.
So where is IOTA going from here?
Long term my opinion is way up from here. IOTA has the technology to antiquate other block chain coins. While all the other coins are trying to figure out how to make block chain ledger tech scale - IOTA already has it figured out. IOTA is feeless, minerless (no census issues) and has a great foundation based team. The future looks very bright for IOTA long term. I am sure Haejin can provide more details on timing IOTA (and I hope he will). For me, this one is a long term hold.
YES!
Awesome call. Howabout Neo?? Looks like its making its way up.
Just posted NEO, running towards $60!
Haejin, I don't hold any IOTA because some say it is not decentralized its not this not that. can you tell me your opinion on this.
Thank you for the update, Haejin.
Master haejin Not that my opinion matters much maybe $0.02. I think your original way of analyzing coins with just the USD pairing is best. When looking at your next analysis of the same coin a week or two from now (using USD) and the present one - comparing the two is like comparing apples and apples. With bitcoin (to me) it's like apples and oranges. Especially when planning a trade exit or another entry point now or in the near future. Of course calculating the present USD BTC prices on some exchanges are necessary anyone can use the https://coinmarketcap.com/calculator/ whereas trying to calculate the BTC price of last week for trading today is quite difficult.
I'm not a Master...only improving.
Many have asked for BTC pair which can help.
Any Update? Can I in now? or shall i wait?
We should see a nice new pump from it soon when it goes live on Bittrex. The code is being integrated. https://steemit.com/iota/@anarcho/iota-tangle-wallet-code-being-added-to-bittrex
Hey guys...if this guys charts (specifically this one on OMG) don't look like haejins..then my name is Dick Tracey....please look into this guys posts responsibly..i don't want to cause any undue harm, but let me know if this looks like another problem for haejin that we need to consider reporting...cheers
https://steemit.com/omisego/@erodriguezc11/omisego-omg-correccion-completa-primer-obj-usd8-5
That's my chart and my analysis, i invite @haejin personally to check out my entire analysis before make an accusation like that, i've thanked @haejin many times because I've learnt a lot from him, but since i started my own Youtube channel i actually and respectfully stopped watching @haejin's videos. That in order to keep true to my analysis, i do am an elliotist, and charts tend to go to the same way, i really invite anyone to check entirely my blog and my youtube channel before accusing me of being a plagiarist.
Interesting how you responded so quickly and monitor haejins work and comments...hmmm..don't worry friend.im watching
Because i'm putting a lot of effort in what i'm doing and i don't want a troll attack, that's why, have a nice day, and you're always welcome in my blog. Again, i thank @haejin and invite him personally to watch my work and tell me if he thinks i'm plagiarizing him.
Fair enough friend...i'll let the community decide
If you look widely enough you will find very-very similar ta predictions among Elliotists. I like to think it's the nature of the theory well put into practice, instead of the majority of people trying to steal "intellectual property".
interesting how you just signed up to steemit and commented on this thread...come on friend..you can do better than that...and don't worry about the downvotes..i could care less...lol
It seems to me, as someone intrigued by Elliot wave and chart pattern reading, that two (or more) analysts could come up with similar reads now and again. Even an almost exact read on a rare occasion. Again I am only just starting my learning but from what I have gleaned so far it seems perfectly plausible that two chart reading veterans have similar calls.
Similarities.
That's weird that your comment was flagged summertooth...i've been in the retail finance business for 25 years and traded the stockmarket and futures for 20..ive studied elliott wave since 1995...i have never seen an analyst use haejins chart techniques and calls as close as this..plus the way the other comments and downvotes i received its obvious there is some nefarious workings among us...trust me..i know it when i see it...but i respect everyones comments and will leave it alone