SUMMARY
MUSICoin (MUSIC/USD) is nearing the bottom of a long correction after a recent surge to as high as $0.057. The pattern could result in a very common Cup & Handle formation. I've laid out the Elliott Waves that target 0.0313 for a near 213% profit potential.
The MUSIC/BTC belongs to the specis of Bulish Downward Pointing Symmetrical Triangle and the correction could be complete. Very attractive buy for laddering in! Elliott Waves show 0.00000849 BTC target for a 4.62 profit potential.
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
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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.**
Going to buy a few and see what happens
Thank you @Haejin. Any updates on XVG? I've been patiently waiting for it to start to show signs of rising to new highs, but so far it's been shy. Thanks again for all that you do!
Starting to take little positions based on these analyses and see how it goes...
Thanks for sharing. I hope to share some really big upvotes later based on the trading results...
Great stuff! Whats your analysis of NMR (NUMERAIRE)
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I'm mining $Music. It is very good legit coin.