SUMMARY
First, HTML Coin is a very thinkly traded coin; that means caution needs to be taken because entry and exits can be hampered by low liquidity! Second, the pattern looks bullish. The Cup & Handle pattern is pretty clear. The left wall is built and the basin phase of the Cup is finishing up. That means the right wall of the rounded price formation as shown by the white arrow is next. I believe higher highs are ahead!
The MACD sure agrees in that it too should breakout soon. The blue impulse waves show that wave 5 should about equate the peak of the left wall. Again, be cautious of the thinly traded status.
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!!
--
--
just buy in and hope for the best! :D
do you trade on bittrex if yes
whats your analysis for dgb and siacoin ?
should HODL OR SHORT :)
Thanks for covering this coin! They've had some frustrating luck with exchanges yanking them around in recent months, but this is a sleeping giant. Bitcoin/Etherium hybrid coin. Rebrand on the horizon.
I agree with Haejin--thinly traded, so proceed with caution. But they are accepted and paid for listing on HitBTC, just waiting for testing to complete (date given by exchange was by June 30th). Even if this doesn't go in your hodl stack, a nice project with good, working tech that is currently undervalued imo. Should make for some nice gains (Not trading advice, just my opinion, DYOR, yada yada).
I may not understand most of your post about the world of cryptocurrency but I'm dropping this to say "weldone". I appreciate your maturity and calm spirit. Despite all Bernie has been saying about you, your response shows your level of intelligence. I respect you for that! Weldone sir!
Buen análisis @haejin, coincido contigo, los máximos mas altos están por venir. saludos
흐트머리홀더로써ㅜ
너므너므 반갑고 감사해요
It's the coin people hope will do an XVG or Raiblocks.
Coins mentioned in post: