SUMMARY
ON 2/4/18; my Spread Coin (SPR) update had shown a likely projection to $0.27 or so based on ABC zigzag correction and the subwave count of the C wave not being complete.
Here is the update with a sceond round of sizable retrace after each impulse wave up (white and blue). Skeptics are again coming in saying that SPR is a deadcoin and so on and that's exactly what was said when I had recommended it at $0.19 back in November of 2017. Many had called SPR a dead coin back then....go ahead, check the early Nov blog posts.
The microwave counts show price going sideways, one of the favorite ways Altcoins like to extend the correction. Wave 5 is still not complete and this kind of sideways action could cause time extended but very small incremental declines to finish wave 5. What to do during these sideways action times? Nothing! For traders, you don't have to be constanly trading to feel you're making money! Doing nothing is often the best something! Once this wave 5 is in, there is high probability of a sizabe turnaround; exactly like what we say back in later Nov.
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 shoud 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.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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Yeah... some times hodling is winning!
SPR coin's value dropped significantly in 1 month
$SPR moon
Thanks for the info
Thanks for your analysis Haejin!
I know you're not big on fundamentals, but the only reason it rose before was the helium drops. It died a very quick and very painful death after that. What value exists then for it without news? Perhpas when it finishes the correction it will be revealed
Please do an update for RDD. It's rumbling this morning after apparently bottoming at ~62 satoshi overnight. I'd love to get your updated target for it. Thanks so much!
Actually, I see you are on vacation. Go enjoy yourself! We love that you post daily but go have fun, I've got RDD covered ;D