SUMMARY
QASH/USD is almost complete in putting the red b wave of the a,b,c correction. The bounce currently looks very 3 wavish. It so far doesn't look impulsive and until it does, the next Elliott Wave corrective move is expected to be the red c wave down to ideally complete the healthy correction. It's a normal course of any market to experience corrections that alow the two steps forward and one step back progression fractals.
The QASH/BTC is also showing a likely a,b,c scenario with one more lower low. The subwaves of the green c wave shown an impulse which every c wave must execute. Can it go lower than that? IF the support cluster from 13 to 11 satoshi gets pierced; yes; however, that has not been triggered. More importantly, once the correction does complete, we can expect a sizable reversal that could leave behind many panic sellers.
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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Nice analysis Haejin! Check out @CryptoBroye for analysis of your favourite crypto's and https://steemit.com/cryptotrading/@cryptobroye/success-strategies-trading-crypto-s-equities-with-triangle-chart-patterns to see the complete strategy we use for entries and exits :)
muchas gracias por compartir tus análisis
Such a informative post thanks for the sharing. Have a nice day.
YOU ARE AN ISSUE!! DAN IS DOWNVOTING YOU!!!! https://steemit.com/steemit/@marketanalysis/even-dan-is-downvoting-haejin-this-is-how-is-know-this-is-an-issue
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great post
I wasn't trying to be offensive
haha.
you need more than a beer boss
keep up the good work
keep motivating
i am looking up to you
please visit my profile and support me
i did follow and upvoted ...please if you like what you see what i posted do the same ..thanks
Hy good
Thank you for the up to date information.
@haejin can you please give an update on the whole market? could it be possible we may be nearing the dangerous end of the bubble? could this all be a bear trap? what are your thoughts?
haejin TA is like this pile of poo!!
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sir what about your litecoin TA, Bitcoin TA , they going opposite according to your analysis.
at the moment @salahuddin2004 preditcions are going right
matt expert also doing good analysis , but you only know limited chart pattern only waves
Why are you here, then?