ICON (ICX/BTC) in Putting In an Expanded Flat

in #bitcoin7 years ago

SUMMARY

ICON (ICX/BTC) is putting the finishing touches of what appears to be an Expanded Flat correction which is when the b wave rises higher than the origin point of wave a and c still declines below a. The below chart shows how this expanded flat has the a,b waves each with very three wavish abc (blue) subwaves. Newbies often would try and label the red b wave as the 5th of an impulse. Given how popular the expanded flat is for cryptos, learning how to recognize these would be helpful to any analyst.

A closer look at 60 minute time frame shows the subwaves of wave C which always has five. The white wave (v) is further subdivided by the blue waves. Using this delineation, a bottom or at least a bounce point could be projected to be near 3,750 Satoshi or so.

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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf

Sort:  

To prevent Auto Downvote from @berniesanders, reply to THIS COMMENT!! It's called outsmarting the dense!

I want to prevent from him also how can we do this please explain brother thanks

I've been looking at ICX as one of the strongest buys in this correction, really attractive prices now.

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

Awesome, your information is very helpful and shouldn't be automatically downvoted.

I agree, i dont understand y people do it. Steemit is all about helping people not down voting because they dont like what your doing or disagree if u dont like it just dont follow..simple 😊

Still following you Haejin! and still HOLD!Thanks for analysis!

So whilst the market is crashing, feel free to take a look at my new steemit covering games running on the blockchain. It's a bit of light relief from all the red lines!

https://steemit.com/blockchain/@ethgames/welcome-to-ethgames-the-one-stop-for-everything-crypto-games-related

No worries man will do any follow? Love ur work btw

You are fantastic as a newbie here you have helped me so much. I have looked at all the other so called analysts and you stand out head and shoulders above all the others. Your guidance and sharing of knowledge is much appreciated. Ignore the other idiots who are down voting you. Honestly they have been very immature and it is just pure jealousy. It is just pure fear and greed like in your tutorials with the Elliot waves. Keep up the fantastic work while we are all learning we need your guidance more than ever.

Thanks for the advice @haejin

Thank you!

Thank you!!

Thanks again

haejin, I like your analysis! funny method to avoid downvote bot .lol

thank you for your work!

hi buddy, please confirm on DNT ... bought it 2 weeks ago when you recommended. still target at $1.35?
thanks!

I think icx is a good long hold :)

mind blowing precision

I MUTE all the naysayers and they never appear on the comments! :)

 7 years ago (edited) Reveal Comment

😂 funny

thank you... I followed you too

a good analysis that I find logical..

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

HODLING all the way!! Thanks Haejin!!

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

so does this mean ICX wont recover..doesnt look like it from the graphs

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

your post always good and i have to thought about your post for sometimes.... because your post is all time valuable like this post.. best for luck...

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

Are you ready to buy it guys?

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

The analysis offers an insight to make a good decision on either to buy or not

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

@haejin... you always come with the better predictions as i have ever seen.. have seen your preious predictions going almost right .. so this info can be very important for the people who are using the crypto currency, and have the process of buying and selling....

Research you made is just phenomenal...

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

image

P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.