SUMMARY
AGORAS (AGRS) is consolidating and it could potentially last a bit longer. Often, these consolidations can progress until price gets closer and closer to the apex of the triangle. The apex is the point where the two lines intersect. From the perspective of buyers and sellers, the contracting lines of the triangle make the degree of price movement less and less. Give that this current triangle is wave iv of an impulse; as price gets closer to the apex point, the agitation of the buyers become larger and larger until price explodes up. Now, this is not guaranteed by no means as Technical Analysis is not that of certainty but probability. So, if the next likely wave is (v); then price should breach the triangle in the upwards direction.
Here is the AGRS/BTC pair and it's a combination of patterns. The first is that of a downward pointing bullish symmetrical triangle. The second is that of a Cup & handle that is nearly complete. When such confluence of patterns indicate bullish moves...Elliott Waves can readily take price to 0.0009657 BTC or higher!!
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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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.**
Thanks Haejin for looking into this
I've written about Tau/Agoras a lot, and believe it's by far the most revolutionary project in the crypto space
For more information, join the telegram chat at https://t.me/joinchat/AAAAAD_gSZJVNHsKE-Ec4w
What’s the difference between Bitcoin and NASA?
Bitcoin’s actually going to the moon.
vote for me
@haejin I shared with you another one of your posts my price predictions for Verge and Steem, but just incase you missed it, I've attached the link below. We see Steem reaching $180 and Verge reaching $13 in 2018!
https://steemit.com/steem/@antonburton/verge-to-usd13-in-2018-as-explained-by-wildtrader-crypto-nights-episode-21
What you think about DIX Asset ? Worth an investment?
It's blown up 350% this week. As with many alt's there is money to be made. Not in my portfolio - but you can't have in everything!
man are yo serious steem @ $180 and verge @$13 . is it practically yes ???
steem maybe but verge!!!!!!! i don't think so
I’m building a position in Agoras. Hope it goes a lot higher than this, but not too quickly, I need more
Cheers
I'm on Skype for our 2pm!
Awesome Session @haejin! Thank you for the resources too!
Confidence goes UP, risk goes DOWN!
Would love to see you on minds dotcom!
cao!
I think verge will explode soon!!
My current biggest position. After this I'm going to be increasing my MCO position.
I'm counting on it!
Doing exactly the same thing. Got 50 percent of money in XVG. I am counting on 2x gains within next 15 days. After that, i will leave only a fraction of it in XVG and move the rest to the coins with lower market cap.
Sounds like a plan.
You are giving great tips keep it up. And you will surely go higher
thanks for the post mate i really enjoyed it and i will definatly look into this!! also whayt do think tron will be at the end of the year?? thanks
Thanks @haejin !!!
I will buy some AGORAS and i will keep it maybe will go up
Great chart analysis of AGRS. Keep up the great work! Thanks
When it comes to cryptocurrency this guy is the best..his post are superb..i name you king of cryptocurrency on steemit..
thanks for your helpful post....thanks for sharing us....@resteem
Finally something I can look into. Some previous coins have been difficult to find on larger exchanges. Awesome content otherwise haejin.
many of them are found on binance, (as example just the latest 2)
why do you find a lot of potential coin ?
i want to u teach me.
Strange how some coins are only listed on one exchange. I wonder how easy it is to manipulate the price of such a coin?
On binance you need a lot of money to manipulate it alone. But they are certainly some pump & dump groups that buy togheter, but be carefull if you are not in the top of them you will just lose money by buying to late, they are like standard ponzi scheme. Just stick to TA and some specialists like haejin and you will be fine. If you want to compare with fiat markets, crypto are really healthy about manipulations, maybe BTC will become vulnerable, but majority of alts are safe imo. And you can also buy and sell at the right time without even knowing about manipulation, the people who does that try to hide themselves, so some chart conditions have to be met, like some bullish patterns, then bearish pattern. Just stick to good TA and do not worry about that, that's what I do anyway.
Thanks for the feedback, much appreciated! Anybody know's how I can be notified in Steem once somebody post's a reply on one of mine?
great analysis again! Thanks :)
Hey @haejin could you do an analysis on DGB
Where you coming up with all these coins?
Thanks, Haejin!
Haejin, what is your take on adToken (ADT)? This coin has been rising significantly the last few weeks.
Can anyone fill me in on this coin...i see it on Bitshares as well but i checked their website and it's one of the worst ive seen...i'm surprised Bitshares lists this one..please forgive me for my lack of knowledge on this one..if anyone has any info i would appreciate it..thanks...BTW, when i say the website is bad, i don't mean a pretty home page, but the lack of information is confusing to me..i got the website off of Coinmarket Caps website..maybe im mistaken...cheers guys
Wow this is awesome info so glad I followed you once I start making some money I'll glad buy you a beer until that thanks for the advice I love steemit for this reason people like you who have choosen to spread the word on their hard work and research which you could easily keep to yourself your of the charts on the awesomeness meter thanks alot
@originalworks
the good analysis.
Its quite knowledgeable and very well explained
Great post!!!
thanks haejin ,i was watching you steemit post from few days which is looking damn good ,and today i m already in agrs from a day before yesterday ,now boom your analysis came which makes me feel very happy for buying this agrs .will follow you continuously .
thanks once again
Today all coins are down just checked on coinmarketcap
Thanks for the indication, but this coin its only available in Bittrex.
Any forecast for opening at Binance?
Here more informations: https://coinmarketcap.com/pt-br/currencies/agoras-tokens/#markets
thats some nice profit potential. Thanks for the information!
thank you bro you do the best business.