Centrality (CENNZ): A Bullish Setup

[haejin]

SUMMARY

For Centrality (CENNZ/BTC), price, patter, waves and indicator are flashing a bullish setup potential. Below is the correction waves and subwaves. The rounded bottom is a cup formation which is the most common mode of consolidation prior to a trend reversal.

The Cup & Handle is the most common combination pattern of the Cup and Bull Flat or pennant. Given that the pattern is nearly complete, the white arrow line projects the future price pathway in an impulse wave set (blue waves). The MACE should also provide a resolution and support the upside rally. Cup & Handle patterns are slow to finish but the resulting rallies are quite sustainable.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Comments

[sstf11]

Thanx for Information !

[leaphighster]

Thanks for the post Haejin could you review Electra (ECA) sometime?

[gladysob]

me encanta ver tus mensajes éxito

[phonbyte]

Saya suka dengan postingannya karena bagus dan menarik @haejin

[labgo]

Very informative , hope someone can share about the billion coin because it is also a cryptocurrency... Done to follow you @haejin(78) hope mine too.

[rasel49]

কেন্দ্রীয়করণ (CENNZ / BTC) জন্য, মূল্য, মুদ্রা, তরঙ্গ এবং সূচক একটি বুলিশ সেট আপ সম্ভাব্য ঝলকানি হয় নীচে সংশোধন তরঙ্গ এবং subwaves হয়। বৃত্তাকার নীচে একটি কাপ গঠন যা একটি প্রবণতা বিপর্যয়ের আগে একত্রীকরণ সবচেয়ে সাধারণ মোড হয়।