SUMMARY
I still remain solid to the below larger degree of trend for ZCoin (XZC). These larger degree of trends are not time correlated but rather wave correlated with Fibonacci relationships. Wave 1 is complete and wave 2 is in progress. The pattern is displaying a downward pointing symmetrical triangle. When will we know that wave 3 has started? When price breaches the upper white line of the triangle.
The below chart shows a closer view of the WXYXZ triple combo pattern. While the price movement should be more sideways for a wxyxz; I've labeled it as so. The key is to see if price can breach the upper white line as that would then free it to rise higher. IF the resistance holds, then one more lower could be potential. Regardless, whether the line is breached now or later, the destination is expected to remain unchanged.
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.
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Do the fundamentals of the Elliot Wave work for zcash just yet? I saw a BTC analysis of yours a while back which was spot on for the correction around 18K - but for the alt-coins I don't know if they've got that kind of influence.
I'll look into taking a position on this for sure though
sir what about you litecoin TA, Bitcoin TA , they going opposite
@salahuddin2004 preditcions are going right
matt expert also doing good analysis , but you only know limited chart pattern only waves,
Please see my BTC update!https://steemit.com/bitcoin/@philakonecrypto/5-minute-btc-bitcoin-jan-19-evening-6-pm-update-range-bound-no-clear-direction-yet
thanks for the accurate information
fantastic, thanks!
What the price for the coin
Thank you for information 👌
Thank you, an update on steem would be greatly appreciated.
good analysis, thanks
단서공개
1.네이버와 오케이코인 거래소가 손을잡고 오케인코인 코리아를 1월중에 런칭한다고 발표했다
2.오케이코인 코리아는 업비트x비트렉스처럼 OKEX와 연동사이트일것이다
3.오케이코인 코리아는 업비트보다 2배의 코인거래종류가많다고 발표했다
4.네이버의 막대한자금력과 안정적서버관리기술 네이버계정만있으면 쉽게이용가능 하기때문에 가입자들이 많을것임
5.OKEX에 현재 상장되어있지만 국내거래소에 상장되어있지않은 시총상위코인들은 오케이코인코리아 런칭시 큰투자가 들어오는 것이므로 엄청난 호재 떡상
6.해외거래소에서 해당코인을 선취매 매집해야합니다
힌트는 여기까지입니다 각자 문제를 풀어보세요
종목들을 아셨어도 널리퍼트리지 마시길바랍니다 한국인들이 천천히 매집하기전에 버거들이 눈치채면 급등해버릴수 있습니다 한국인들 매집전에
우리들도 버거좀이겨봅시다 프리미엄 오르락내리락에 맨날당하지말고요
https://www.tradingview.com/chart/BTCUSD/0JqCEc4z-BTCUSD-Possible-Correction-Scenario/
I totally nailed the bitcoin correction in December. Click the play button.
Please check and follow my tradingview and steemit blog.
muchas gracias por compartir tus análisis