SUMMARY
On April 14th, the below chart of Centrality (CENNZ/BTC) was posted. It showed a prominent Cup & Handle pattern that was about to breakout. Both pattern and MACD indicator were pointing to higher highs. This is the type of situation to hunt for because it represents the risk/reward profile that lean towards your benefit. Are they all perfect? No, because Technical Analysis is NOT based on the certainty principle but rather probability. If you want certainty, go seek out the great one with the crystal ball!
Since then, CENZZ climbed as much as 43%! However, is it time to sell? Well, let's see. The pattern shows that the handle formation is embedded within a larger symmetrical triangle (blue). The MACD indicator is also still traversing within a symmetrical triangle and it hasn't yet broken out! Would this be the time to be taking selling or buying actions? Such decision must be self made. My analysis is only to be used to augment your own due diligence.
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?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
That's a great badable post cause this person provide huge post every day..
Just disgusting..
That a horriable to do this platform..
I don,t never appreciate this post..
I think that get out this ,@haejin remove this platform..
@haejin, recommends pretty much every coins you heard of, and 100 others you never heard of :D
in bull cycle pretty much everything goes up.... then he brags about the gain % since his last post, mainly he just increases the number of his posts, as in bull cycle he gets loads of steem dollars per post (in bear cycle he gets little less in comparison), mostly upvotes himself with his whale accounts, he also got some whale partners too... its free money for him... he will not stop
@dan larimer... should have kept some mechanism... so that guys like @haejin @berniesanders @ranchorelaxo cant abuse the system ... @stan
I'm looking for entrepreneur teachers to speak at my opening event in california, USA its to show support for #decentralizededucation My company is http://Wolfsteintech.io
We specialize in #cryptocurrency #artificialintelligence #virtualreality #coding #iot #internetmarking and #finance My personal website is http://satoshipapi.io
I'm also a freelance marketer #SEO #SEM #SMMA (hence the hashtags and #backlinking ) I'm also selling - http://satoshicash.io
I thought it was an advice and recommendation to buy and sell @haejin
This is huge post...loads of stuffs🙆🏿😃😃
this time market is good position so i wish you can take profit