SUMMARY
From the looks of pattern, Elliott Wave sequence and MACD; the complex correction seems complete and a trend reversal is being staged. The correction is now almost five months in age; and that is long enough of a gestation period for a bull market to be born!
The rounded price formation is pretty clear and that an impulse is leading to higher highs (white). IF a Cup & Handle is to be formed, wave 4 would likely coincide with the handle formation and won't likely be a deep retrace since wave 4s retrace about 0.38 Fib level. The MACD is just about escaping out of the containment of the contracting lines. Even with minor corrections that could potentially bring out the bear calls, I believe higher highs into July is probable.
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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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pivx to the role good analyste!
PIVX was around 1 $ and these days is around 5 $. To how may dollars you think will grow up ?
Really you are a good writter . You have impressed me .
Thanks for this post.
hi, @haejin its very good review about Pivx coin.If MACD show his great suppot for pivx i think its price will be go to moon and the coin will be potential.Thanks for sharing this information.
source
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Looking forward to seeing the birth of steady bullishness. This bearish trend is even affecting this Community as a lot of people are powering down. Hope you won't mind checking out my blog when you're less occupied.
Thank you.
Good inventions, i like it.Excellent article. Good luck to you!
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I FOUND OUR STEEMIT MONEY
Account Opened December 19, 2017. @BernieSanders started the #FlagWars on December 20, 2017, because of @RanchoRelaxo's huge upvotes for @Haejin. Haejin & Rancho thought they could hide all this money. I found it. Now get it back. It belongs to us. The good people of STEEMIT!!! It belongs to all the people he FLAGGED over & over. @NED what are you going to do about this?
https://wallet.bitshares.org/#/account/ranchorelaxo2017
https://cryptofresh.com/u/ranchorelaxo2017
4/22/2018 Currently Worth At 0.26 a share: $5,660,146.0422
$5.6 Million FUCKING DOLLARS!!! That's OUR STEEMIT MONEY that has been scammed!!!