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RE: Bitshares (BTS) MACD Bullish Cross

in #bitshares7 years ago

Great news brother :) Been adding bitshares for a while now :)

Can you do an analysis on AION that I just made a post on? Great short term potential imo!

AION - Analysis (50% POTENTIAL PROFIT) — Steemit https://steemit.com/cryptocurrency/@benkalashnikov/aion-analysis-50-potential-profit

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I'm curious how you measure the price length of each wave? Thx

I meassure the height from the triangle's left bottom to top and place it at the beginning of the new 5 impulse sequence. Now that we've probable made a first Elliott Wave impulse I take 2.618 of the first wave which lands around the top of the meassure stick. Then I make an assumption that the 1st wave will be equal to the 5th which is common in Elliott Waves.

Does that make sense? :)

In cryptocurrency the 5th wave tends to be the largest

Yeah, but in this case, I think the total length of all 5 waves would be the same either way

Well it is just a fibonacci retracement points or smth like that... Those are points where the market will most probably resist 😊

I added on the way down, still not quite good buys yet, but it will be soon. Tempted to continue adding.

Hi @haejin , thanks for sharing!
and hi to all steemits, i'm new here, i'm the celestial cow and i'm new to cryptcurrency life!

Help me out by letting me know what you are addicted too.....

http://steem.link/UrjiV

celestialcowlong.jpg

All this up and down in the markets...we all need some laughes to get through the pain!
I need to invest in some bitshares, i sold a while back.