SUMMARY
Compare ZEN cash chart to that of STEEM. Note the cup and handle pattern. Now note how ZEN also underwent a period of chanelling between two blue horizontal lines.
STEEM is the Chalice of Wealth! It too is undergoing the channel pattern between two horizontal white lines. Now, there could be a sudden and brief break of the lower support line. This would panic the weak hands and force them to sell and that would be a good thing. It's why this brief piercing of support is called a bullish wick as it casts off the weak holders so as to ready for the next leg up. Bullish! The video has tons more details.
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could happen !
Lets hope the TA comes true. Been rough holding Steem the last few months.
Yes, I believe it will.
Hi Haejin. For Monaco, is your primary count still abcde, and drop towards $4 to complete the correction? Thanks!
Looking forward to that $4 steem 😀
TO DA MOON
Thanks again! Any BCH updates?
2nd
I love how you call it "The chalice of wealth" :)
And it is for anyone who gets a 1,400% return!!
I try to lure followers with good catches... :-)
Could you also do XLM?
If nothing fundamental changes completely to the bad side, you could be right!! Looks like this could be a great long term opportunity!
Great work...Thanks!
Haejin, falling wedge on the NEO 4hr? Reading up on this pattern sounds like it is a reversal pattern. If I have it right then that would back up your bullish call on the GIANT cup and handle from a couple days ago. ..
Safe travels my friend.
Meh... Too much technical for crypto world, but who knows ;) Up & Vote for your effort...
I'm following @haejin since long already and I can tell you that his advices on TA have worked at least for me. Cheers!
Great... Hope I can learn something :)
Welcome to my blog! Stay while and come back. It'll be time well spent. I've made some very profitable calls.
I provide analysis on demand and it costs zero. Completely FREE. Perhaps I can help augment your due diligence.
Thanks Haejin. Always great to read your analysis !!!
Much obliged. Thanks for the read!
Thanks again for your enlightenment. Before I discovered your approach and technique, I was the "newbie" emotional trader type. I have since taken a step back and started studying the EW trading approach. Any ideas on XLM? Thanks in advance.
I'll post on XLM tomorrow. If I forget, please remind me.
Excellent and thank you.
Thank you!
are you not as bullish as you used to be on BCH?
Let's see whether we get that short low to stack up some steem. Keep going ;)
I'd love to get your opinion on LTC. Great stuff. Thanks for everything.
Thank you @haejin .
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Is XLM (Lumen) making it's handle right now (from price 0.000004 upwards)?
hey guys, how can I determine how much $$ to put into a coin?
I think I'm supposed to be looking at the volume correct? what is a good indicator? For example if I wanted to buy 3BTC worth of STEEM... what should I look for??
My understanding is if you buy too much of these ALT coins then you may not be able to get rid of them all when you want to??
BTC is huge so someone can buy $50,000 worth and it will be filled instantly, and sold instantly.
But how much Steem would be too much? or any coin for that matter?
@haejin, another great post and thank you! I've been following your posts for a while and it's been an incredible journey. I learned a great deal of knowledge about Elliot Waves & technical analysis. I really appreciate for that. In order to practise what I learned I started putting wave counting for some crypto coins. Do you mind provide feedback for following when you get a chance? thank you!
https://steemit.com/bitcoin/@hippo/gamecredits-correction-is-almost-done-next-move-is-up
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STOP@haejin are you referring to steem in exchanges? some are saying you have to purchase steem power in order to really benefit long term in steem