SUMMARY
As requested, this IOTA update shows the corrective pathways from simple to complex. The simple can be seen below where the blue waves represent the direction of the final C wave. If so, the target could be $0.59. However, this abc correction seems overly simple for an Altcoin.
The slightly more complex, but time consuming would be an abcde triangle pattern. This means that the lower white support line needs to hold, an unlikely event should Bitcoin dip towards $8k.
The more complex correction would be in the form of a sideways price movement. This wxyxz triple combination type could meet the need for time and price extension of this correction while achieving a lower low should IOTA need to follow BTC.
Legal Disclaimer: 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.
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Bitshares update? Looks like it's PUMPIN!
BTS I'm still surfing on the same primary count... what about you ?
Great post!
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Remember this is medium to long range. Feel free to join out community.
Much love viking333.
I love your analysis anyways. Thanks
Please do a XLM update.
XLM I'm still surfing on the same primary count... what do you think?
This will improve your trading profits: https://steemit.com/bitcoin/@investingtips/which-trading-order-should-you-choose-all-the-different-types-explained
Just curious, can we pay in crypto for the group coaching ? @haejin
Yes; I did.
how? I dont see bitpay at checkout
I paid with ETH, there was also a BTC option IIRC.
Good analysis ...
Thanks for this insight @haejin
May the Force be with you
This time I'm gonna disagree, i think IOTa is going to bounce back high independent of what BTC does because of his technologies and aiming.
I'd love to hear your call on MINT. It's been gaining a little volume lately and to me it looks like it's forming a handle now. Thanks!!
Hi @haejin, can you help us with a new Electroneum TA?
가즈아~~~IOTA
your analysis is very useful, the community thanks you
It's so sad to see everything going lower and lower :(
Wonderful analysis about iota. Resteem the post.
Thanks! I think I'll wait some time to step in then...
Thanks Haejin!
Yeah i expected those situation, most of coin now going through correction. Its time to wait or hold ! Patience will make us rich.
some more variations you missed
IOTA... can you analyse IoTchain? Concept is similar, except its chinese, they have an interesting pattern @haejin ! Keep up with the good work master
I lost every penny... don't be like me. Read below:
https://steemit.com/crypto/@marioiii/i-lost-it-all-everthing-gone
I am buying 1000 IOTA at .75 cents