SUMMARY
Loop Ring (LRC) is just about to initiate the handle formation of the Cup & Handle pattern. It likely will coincide with wave 2 and so the most ideal time to cast the buy ladder will be at the terminal end of the handle pattern. The reason for such commonality of these Cup & Handles is mostly related to the uniformity of sentiment across the cryptosphere. The Elliott Waves show wave 3 to target 0.000233 BTC and wave 5 to tag 0.000265 BTC or 254% profit potential!!
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.**
Congratulation on 13K followers. With the speed STEEM is growing you'd be getting at worst 1K followers each week. Pround to be around while you had only ~1000 followers :-)
Loopring will loop out to $ 3.06
Thank you for your forecast. I hope you are right! :)
I'm new to your blog and like what I see so far. Just curious if you take any of the actual tech or purpose of the coin into account when you are analyzing? Or is it strictly technical analysis and trends? If you don't take any of that into account, do you hedge yourself in anyway for coins that maybe the purpose/tech isn't actually worth anything?
Thanks! @haejin
Only TA. News follows to justify the outcome. He does not look at the coin "tech"
Thanks! After posting I went further back and watched more and more of his analysis and picked up on that. Live long and prosper!
I've been meaning to buy some LRC for awhile! Thanks for the reminder!
Just a too small rise in comparison to SUB, WINGS and LEND, which make me happy at the moment...
is this coin good for 6 months holding
Don’t forget that you will receive free LRQ and LRN for the LRC you are holding ! Huge project with a huge financial opportunity for the investors ! Gotta love this baby <3
If you want just buy&hold then choose yourself coin that you really like by fundamentals. Maybe this strategy would be interesting to you https://www.tradingview.com/chart/SCBTC/dLeXDSvW-How-To-Profit-From-Any-Coin-Simple-Strategy-4-Beginners/
A thoughtful question and I wish it could answered by an expert
I know this sounds silly but if you could put your ideal ladder rung prices in your analysis, it would be easier than guestimating where the end of wave 2 is on your chart (i'm using my computer screen and scrolling down as a straight edge :))
Thanks @haejin !
Thanks @Haejin I will check it out, looks like it is on Binance. These decentralized exchanges are really good this one has low circulating supply also.
Update:- @ascension Thanks, Circulating supply in CoinMarketcap is wrong. I will be careful with cs now with other coins also there.
See my comment below- circulating supply on CoinMarketCap is not accurate! Actual circ. supply at over 730m coins. Happy trading, best of luck!
Thnks
Thanks for the clarification.
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great post upvoted
Always appreciate great posts and admire your prediction:)
Thanks
First post on Steemit. I only signed up because of your blog! Thanks for doing all this! :] LRC will now be on my radar. Keep up the awesome stuff
The patterns they speak volumes. It's all over the place and sometimes it makes me feel like The Rainman
What is the best platform to trade altcoins in terms of fees and variety of coins?
Loop Ring is one of those currencies that could really explode if it get slisted on a few more exchanges. With a low market cap ($77m) it could go way above $1.24 it's at right now.
Bear in mind the circulating supply numbers of CoinMarketCap are wrong:
visit https://loopring.org for more info on accurate numbers.
Very nice! Thanks.
This one is available on Binance!!!
Thanks @haejin. I'm looking forward to scrutinizing this for the coming days.
Also, What's the consensus around here about Cardano (ADA) shor-term?
It's on every Top Coin to Watch in 2018 list i read, but I'm not familiar with the pattern its chart is forming
Great call on Bitshares and just about everything Haeijin! Really appreciate your mentioning it to me in our private coaching session at .174 along with Digibyte and Steem. I have really researched Bitshares and after understanding it fully, I do not think your target of $342 is unrealistic! Wish I bought more then, but have added significantly. The combination of Bitshares, EOS and Steem are quite impressive. Looking forward to our next coaching session on Saturday. Here is the difference from just our first session and our coaching relationship! Massive Profits! https://steemit.com/vincentb/@cryptolegendhodl/my-last-30-days-to-the-moon-in-cryptocurrency
I respect you from the bottom of my heart. Thanks to you, I learn a lot.
Thanks Haejin!
Loop Ring Fiasco...see what I did there? Upvote if you feeeeel meeeeee....
comense aseguirte probare tu estrategias gracias :D
Where do you post first? Can I setup alerts for Steemit posts? :)
He's pretty quick. Once it is on Twitter it is here within seconds or visa versa. So follow him on Twitter, set notifications on his page to on, and your phone will let you know the instant something posts.
You should review HUSH and B3... they have done interesting things
Any update on neo?
That's a beautiful sight!
God bless you my dear friend. You are a master. I wish you, family and friends, success happiness and health.
If you make me a millionaire, i will have to meet you in person, to personally thank you, its that simple. :D
@haejin, please take a look at this coin:https://coinmarketcap.com/currencies/electra/
This coin have chance to be raised again to the last peak?
thank
Any chance of a further update on TRX, Tron
Thank you :)
Always appreciate your great posts:)
Always appreciate great posts and admire your prediction:)
And don’t forget that you will receive free LRQ and LRN for the LRC you are holding ! Huge project with a huge financial opportunity for the investors ! Gotta love this baby <3
can you do KIN?
This is the best analyst I have seen.
Thank you so much.
Do you have website ?
Update on bitbeans
thanks Haejin for yet another awesome post! Would you be able to provide an update on NULS?
Hi @Haejin
Do you think about Siacoin (SC) and Vergecoin (XVG) now? Can buy and hold long term?
LRC??
@haejin Dear Haejin, what is your anaylsis on SALTLENDING? Please let me know
It still has some ways to come down first.
And I don't know if you can reliably take the initial market entry dump as a cup wall...
I like LRC though the idea is great for the long term.
Nice post @haejin. Definitely use some of your posts as a reference. I've been getting involved with more and more altcoins these days, seeing some good returns.
What about the project and the company? How about the fundamentals of the coin?