#72 - We back

in #steemit7 years ago (edited)

Woww

It has been some time. Apologies to everyone who was finding these posts useful but unfortunately my studies didn't really let me do much else than sit in the library.

Also, I'm going to post less: going through the daily posts, I found that not all of them were as informative as they should've/could've been.

We are returning with a bang though!

No other than STEEM itself:

8. Setup RRR.JPG

A HVF setup that has been developing throughout the entire year since last altcoin season, but finally looking ready for the next leg up. This setup represents a potential 3x (we are always talking probabilities here). But wait!

If we zoom in, we will see a fractal:

10. Fractal entry.JPG

This fractal provides a better entry, but an even better Risk:Reward Ratio. In the first image, we are talking about a 6.92 RRR, however with this fresh entry it increases up to 34.58!!

11. Fractal RRR.JPG

These long taking setups tend to move really quickly so you have been warned! Really bullish on Dan Larimer's projects overall. He seems to know what upgrades need to be performed to the current blockchain ecosystem.

In case you don't have no clue of what a HVF is, check out the post where I go over the basis of HVF Theory and what characteristics of price behavior I am looking for on a chart:

https://steemit.com/trading/@beindependentbb/19-what-is-the-hunt-volatility-funnel-hvf

12.PNG

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