SUMMARY
Check this out...this chart looks very similar to the ZEC chart!! Monaco (MCO) also belongs to the double Cup & Handle species pattern. This level of similarit is not an accident but rather a reflection of sentiment. It's important to understand that sentiment has a certain degree of segmentation and that means patterns will group or bin together. This could also mean that the buyer/sellers of ZEC share much commonality in sentiment with those for Monaco (MCO). This is very interesting and it leads to what I've written about in the past: All the Same Market. The whole of cryptosphere is BULLISH!! I had projected this before the Altcoin Popcorn Symphony started popping and now the "crescendo" effect will soon turn to thunderous climax.
The below chart is showing a pair of fancy Cup & Handle patterns...double the bullish impact! The $50.12 target should only be a stepping stone for triple digits!! Cup & Handles often also do a bit of horizontal channeling just like ZEN and STEEM had. MCO is expected to escape out of this channel with a violent upward surge.
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The MCO/BTC looks more like a soup ladel than a Cup & Handle! There are so many types of shapes these cup & handle patterns can take. Just like the anything, within the commonlities in features reside many uniqueness. What's noteworthy is the price breakout and this is indicative of an ipulse set of waves UP towards 0.00471 BTC!!
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?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: 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.**
Hey man I love your enthusasim and unlike others I believe you deserve any steem you casn make right now! earn that ASBD boi! get it! get it! steemit gang steemit gang steemit gang!
hey but seriously though I want to opffer an olice branch of Peace. My friend elgeko is in a small fued with you i believe, and you are flaggiong each other yes? I would like to offer a peace deal, where I will help promote your blog to my 4000+ followers and many users with high steempower, if you agree to "sign a peace treaty" with my friend elgeko, I hate to see steem users wasting money on flags and I bet you guys would be able to settle your differences in a few comments
Please consider this offer, I would even upvote all your posts if you both ceased fire with the flag war, I hate seeing steem wasted on flags. Please come to http;//steemspeak.com discord chat where we can talk everything out like businessmen. @fyrstikken is there to talk almost everyday and he is a titan of Industry around here with many opportunities for new business deals. I am sure we can find some great business deals to strike if you come open a dialogue with us! I just hate seeing flag wars and would love to see us strike a peace deal and use our steempower for much more productive projects other than flagging each other! I just know we can reach a deal! I am willing to help promote your blog to my 4000 followers if a deal can be reached and the flagging stopped!
This bad boy is going to fly to the moon! $50
hell yes it is! steem $10 then steem $100 very soon in 2018.
steem is going to $100 especially obvious when SMT come out
HardFork20 is happening son too and new communities feature to act like steemit's version of subreddits
also we will get a new DEX decentralized exchange better than Bitshares
steem is coming to diner and it wants the 10 course meal! Steem $10 will be very nice, but steem $100 will make all our hopes and ferrari dreams come true....and by 2020 $1000 to $2000 steem and steem smart contracts and EOS steem will REALLY make us look like a bunch of genius people for investing in steem while it was cheap!!!
There are only a few thousand of us who really have high steempower accounts and we will be just like the few thousand people with multiple Bitcoins in the last few years
thanks for sharing @haejin really useful information
bless lord @haejin
so WOmen do not want to reproduce? Hmm I am pretty sure it takes two to have sex ... but yeah @ashcammm should start doing alive cam show like @crypt0hoe on @dlive http://d.live
굳 최고ㅓ
@svensohn. Who said massive profits is a bad thing? Are you on welfare or something that's miling everybody else around you?
it is just a meme, the heck are you argueing about?
You dont get the joke? xD
CIVIC (CVC) Analysis: BULLISH FRACTALS Should Lift CVC to ALL Time NEW HIGHS!
Update?
I got so many fractals that they say i can't go to Canada
but Steem said he gon pull some strings so let me check my calendar
The profits from this coin may finally be able to fund my vacation to Monaco.
Monaco-ception
Thanks for sharing
I'm pretty sure we will have to hide our money when the banks/government fuck up again. Privacy coins seem like a solid option!
Show you care, vote if you dare!
https://steemit.com/steem/@fractalfreedom/join-me-in-voting-haejin-for-witness
If everyone that comments or has benefited in any way wants to show love to @haejin and end these botwars for good do what to feel is right.
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PLEASE RETWEET these in support of @Haejin if you agree- Calling on Steem supporters to bring attention to the bullying that is going on here..
Could you please do an update on Omisego?
And they will also have a very good card for travelers. In addition to cash back, some of the cards will provide access to airport lounges. Great featers for travelers...it's not just about saving fees on ForEx!
Thanks!
I am on MCO but...on Redd too ;) :
update with kind of confirmation ;) :
Nicer to have a price target.
This is the graph of #RDD coin from today #Reddcoin. If I drew this correctly, Triangle 2 is way steeper than triangle 1. According to @Haejin's 3rd lecture the steeper the triangle the more energy is going to shoot out. Look how steep triangle 1 and how much it shot out comparing to how steep Triangle 2 is. What is the graph going to look like soon? an upward EXPLOSION??!
Thank you, thank you, thank you, Haejin...
Do NXT, SIA, Stellar Lumens, XRP, any of those would be great.
Do NXT @haejin.
I think NXT will drop drasticly after 28 December
Even i think so , i wanted to have @haejin's take on it .
Yes, XLM and XRP please.
Take a look back to Redd Haejin, it has surpassed your predictions.
yes, also because John mcafee mentioned it as 'coin of the day' .... But I trust more our TA KING HAEJIN !!
Still waiting for John to pump Steem Dollars SBD!
Thank you very much @haejin for sharing your knowledge, with your analysis I am finally learning to look at the graphics without fear.
@haejin could you please do a SC analysis ASAP.......Blessings
Haejins siacoin 500% ta from the end of last month has come to fruition👍 i love this guy...
I've been observing and purchasing some Monaco since last year. I strongly believe this bad boy going to soar up high above $50 very soon...
@haejin, heard your a guy that likes math.. read this..
The curious case of the missing comma
Perhaps not all as it was made out to be, and perhaps an image was altered to incite hatred toward you. But you will have to read the article to find out.
Also I poke fun at everyone equally...:) I'm not biased by any means in my articles and they reflect that as you peruse my blog..
I'm actually a member of the club now as I have been downvote attacked for the article mentioned above..
Take care, I still think your rewards are excessive, but that is the system we have here. You used it to your advantage and I applaud you for that...
It clearly broke out now on Binance.
@haejin, heard your a guy that like math.. read this..
Perhaps not all as it was made out to be, and perhaps an image was altered to incite hatred toward you. But you will have to read the article to find out.
Also I poke fun at everyone equally...:) I'm not biased by any means in my articles and they reflect that as you peruse my blog..
I'm actually a member of the club now as I have been downvote attacked for the article mentioned above..
Take care, I still think your rewards are excessive, but that is the system we have here. You used it to your advantage and I applaud you for that...
Ok, now I'm EXTREMELY confident you have whale enemies on Binance. As soon as you post any alt lately, usually it goes up fast IF the market cap is only a few hundred mils. All the coins you posted today, had a spike up in the first 30 seconds, then encounters heavy resistance, much much greater than usually. And we are discussing big whales if they can put resistance to all of the thousands followers you have.
So, Ive watched that too. Indeed enormous sell walls on Bittrex and Binance.
Does that mean, it'll just take a bit more time? I have time ;)
Seems unlikely that people will give up profits just because of a post lol
I think this is about power. Whales want to control the market (and can), but @haejin is open-sourcing trading and earns money on this platform. When power is distributed amongst users, the whales get angry. We can only grow this community and help Haejin even more.
I couldn't agree more...👍 power in numbers!!!
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PLEASE RETWEET these in support of @Haejin if you agree- Calling on Steem supporters to bring attention to the bullying that is going on here..
I bought MCO on the 14th of this month and it has been an underperformer!
I've been trying to unload it for no loss but now I think ill hold...great timing @haejin!!
Patience is a key to the vault!
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PLEASE RETWEET these in support of @Haejin if you agree- Calling on Steem supporters to bring attention to the bullying that is going on here..
Do you expect another cup to form? It seems some these tend to form multiple cups
I wrote this post today, in support of @haejin and his followers, indicating my current intentions:
https://steemit.com/steemit/@libertyteeth/i-m-going-to-keep-reposting-my-helpful-posts-like-tools-witnesses-etc
and what abot mco now its down, what are you prediction now Haejin?
Thank you.
Be blessed @haejin, Merry Christmas to you and your family!
PLEASE RETURN
Nice post, love your work. Giving wisdom to the community. Keep up the good work #whatacoincidence
I stated buying at .00936 - .000824 , wish I would have gotten more !
I just transferred some STEEM here and will try the powerup to upvote you with more POWER !!
DGB, BTS , Doge, BCH have been massive for me, I owe you a bunch !!
I bought Monaco way to high and have been waiting for it to get back to $20 to sell. But part of me knows it is going higher than that soon.
Thank you for the nice post :)
Hi @haejin, always thank you for your great and insightful posts!
Maybe can you post about ICX? It's being said that it's gonna be the first public block chain in Korea and I wish to hear your opinion about it.
I need to buy more , on a rampage since I bought in.
Thanks for this. Can you also review Centra? Similar to Mco and Tenx but they have actually released their card and looks like starting a massive breakout.
HAHA... I love your Heading! Next Stop is Monaco !
Me too :)
And they really show that he is a quick thinker, some writers spend days editing their headlines!
stepping stone to triple digits! Great. Intrigued as to how you can figure that out? from 17.9 to 3 digits. Quite amazing!
Followed my tip well done big man
@haejin thank you this is very informative for us
Bro xlm’s time? Should i buy it?
QUESTION: What is the best way to manage your crypto investments? Is there a recommended site or spreadsheet someone has to share? It would be nice to have a feature where you can input 'target' prices.
Wherever you are, Merry Christmas, Haejin! You are dear to so many of us! I’m grateful for your blog and your giving heart. 🙏. - kailuablue
Thanks for the advice @haejin! I hope you are hanging in there with all these pointless attacks against you. I know it must be frustrating, but you have a lot of support, and it will only keep growing.
Hey Haejin, how do you know when to completely exit from a coin? Are there signs a coin will down trend and eventually crash?
I am sorry but this got to be a joke
You were sure right with Digibyte!
Thanks Man. Gonna bank with this.
where the fuck are you haejin? upload more posts! Im itching for profits!
Can you look at loopring? Seems promising project.