QTUM Analysis: Elliott Waves & Pattern Concur That the Correction Could be Near Completion

in #qtum7 years ago

SUMMARY

QTUM correction is ongoing with the blue WXYXZ waves that could complete soon. The requirement for blue wave Z is a one more lower low and that is currently about to take place. The prior five impulse waves included a wave 2 that clearlly took its time to complete. No surprise should be shown if the Z wave decides to go sideways with slight and incremental lower lows.

IF the larger wedge pattern has any impact on the completion of this correction, then the subwaves show that the red abc of blue Z has it so that the c wave could be at the stage of puttin in the last wave 5. Let's see what happen during the overnight progression of price activity.

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
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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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I follow your content, it's really interesting I find huge that you find the same target price for EOS that the billion hero company :) Great job , I stay tuned for more.

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wow A very amazing, i love it brother.

LOL DOESN'T TAKE A ROCKET SCIENTIST TO FIGURE THIS OUT!!!
You are just better off buying BITCOIN & HODL.
@Haejin just wants your UPVOTES.
He don't care if you make any money on Crypto.
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this post is amazing, it's really interesting

The correction is amazing. Post is OK.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS5.281$-7.72%-18.57%
QAUQuantum0.153$-6.1%-17.1%
QTUMQtum15.987$-10.34%-25.52%
WAVESWaves5.092$-7.63%-19.47%
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