Synereo (AMP) Analysis shows Bullish Fractals that should Lift

in #bitcoin7 years ago

SUMMARY

Synereo (AMP) is displaying a pair of downward pointing bullish symmetrical triangles. These are acting as fractals in that they resemble each other in pattern but are not exact. This means that the first fractal can be used as a guide with regards to how price will future behave. As you can see, the first fractal on the left resulted in a price rise that delivered a 973% profit. The second fractal has high likelihood of following in the footsteps of the first. The target of 38396 Satoshi could generously provide 11.3x in profits, if this call is correct. The blue Elliott Waves outline a potential future rice pathway for AMP!!

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.**

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Great timing! I just finished writing a post for the thousands of new members who signed up because of @haejin. It's a list of Steemit tools to show you more information. Hope this is useful!

https://steemit.com/steemit/@libertyteeth/steemit-tools-for-new-users

My Post detailing why @haejin is improving the platform and berniesanders is ruining it just got flagged heavily! I’m tired of these people running around and flagging posts. Why?? Here is my link:

https://steemit.com/steem/@ginquitti/the-feud-between-haejin-and-berniesanders-his-bots

Spread the word and help me get back positive. Thank you guys.

I will -- looks like it's back to being visible, good!

I just hit back at a witness who attacked me yesterday, with a call-to-arms:

https://steemit.com/steemit/@libertyteeth/what-is-a-witness-who-should-i-vote-for-to-witness-let-s-move-some-witnesses-up-into-the-top-20

All of @haejins followers need to read and act on this. If we want the downvoters to be less powerful we need to take berniesanders out of his witness role. The haejin community is definitely big enough to do this.
Also, it doesn't hurt to contact the top witnesses and see how they feel about this whole situation. Like politicians, if they are not responsive to you, vote them out!

Thanks for the support! I wrote another article today in support of the amazing community @haejin is building here:

https://steemit.com/steemit/@libertyteeth/i-m-going-to-keep-reposting-my-helpful-posts-like-tools-witnesses-etc

Good post. It’s all about exposing him. Good work. He recently hit my post with more flagging from all of his accounts. He seems relentless

The only reason I joined Steem was to upvote haejin because I had watched several of his videos and wanted to give back a little.

Now I am beginning to believe that Steem is a worthless platform with all the childish sabotage that is going on.

Who has time to address this nonsense? I don't. If Steem can't clean up this behavior there won't be any Steem a year from now. That's MY price path prediction.

The mostly self regulatory setup of steem can be a good thing. We can outweigh the bad of the downvoters by upvoting and resteeming @haejins posts as well as by voting for witnesses that don't support berniesanders.

Just like you i became a member for the exact same reason.

BREAD IS ON BINANCE - Please do a chart on BRD whenever there has been enough time, or at least give us your thoughts? THANK YOU! Upvoted!

thanks !! almost most of the @haejin's follower are new to steem .

to be honest i find it a bit overkill to do this counter campaign, as it kinda lifts us to their level. let's just upvoting @haejin and maybe resteem his posts, @haejin has loads of followers anyway.

LOLwut? The article is about tools for new users. Nothing to do with a counter campaign, other than, @haejin has new followers who could benefit from knowledge of existing tools.

@haejin - Is this projection based strictly on the charts (past performance), and have you included the February launch of the Synereo SM platform.

I guess what i'm asking is -

  • does the Synereo platform launch factor into the growth of wave #2 to wave #3 ?
  • If not, what (if any) additional impact on the price can be expected ?

steemit - fantastic.gif
I bought 100,000 AMP in Oct at .15 cents

Ok. Synereo is crap. But, what about doing a EW analysis on Micromoney or Lockchain?

EMC2

Exactly! The Hurry Up & Wait syndrome can't be forgotten and so the correction will almost always be longer than expected.

when AMP going to shoot haejin?

nice one, thanks for the pointer!

Thanks, nice catch !!!

Looking at your 1,2,3,4,5 upwards wave, I can't see to the left, but it looks like the portion between wave points 2-3 is the shortest - doesn't that mean it's breaking one of the rules of EW? That wave 3 can't be the shortest?

Too many coins are displaying a pair of downward pointing bullish symmetrical triangles at the moment.

Nice analysis, thanks!

good analyze @haejin. Thanks for sharing i like your post and following.

Attention CVC has almost finished forming the cup and handle. Seems like perfect time to ladder in before the Kaboom!

Nice explanation through chart...

@haijin so wave 5 was never over for this correction?

You mean BTC/USD correction? Sometimes you may expect one kind of correction, and it turns out to be another... but it may actually complete a wave 5... it started going down about two hours ago. Wave 4 didn't get to overlap with wave 1, so 5 may still happen. Something like this could still happen:

Spot on agreement Wave 4 in or developing w very high prob now for wave 5 down BTC. Uncertain as the degree of down but retest was warranted and is happening. Less confidence for Blow out after this pattern development BTC doesn't even have to drop to level of last LOW preparing for reentry from USDThether in steps until ~time paints path picture ♨

@znog @Haejin I just fixed the @RDD Coin graph, but I am unsure wether this graph indicates the jaws of wealth or death. Your response is highly appreciated!! Thank you guys

Screen Shot 2017-12-24 at 12.11.16 PM.png

You really want @haejin's answer here... but anywa, I'll give it a try:
looks like a upward trinagle to me. That means the minimum target is the green vertical, which is equal to the "short leg" of the triangle, moved to the tip. Like following the arrow in my graphic. Then I think triangles happen in abcde waves... which, by the way, don't really need to hit the sides.

Now, if it breaks downwards through the hypotenuse, it probably goes back to where it started, but any break must be decisive... otherwise it may be a bullish/bearish wick.

Take it with a grain of salt: I'm still learning. Just check my blog to see two misserable fails!

Also, english is not my native language, so triangle parts translation may be wierd.

Thank you @znog! I hope @Haejin will have the time to give us his insight! I'm sure that @Haejin receives millions of questions everyday... Hope you notice this @Haejin !! : ) Thank you for all of your lectures and continuous guidance!

YES!!! IT exploded!

Holly s**t!!!

Don't sell, this is a minor pump, not an explosion.

Could also be a massive correction, in that case we're still in the B of it, and the C will bring BTC to 8k$-10k$.
Anyway there are 2 main paths : correction done and direction is up to more than 20k$ or still in correction that can go down to 8k$, then up to 20k$. What I will do : Just hodl and buy some if it goes down to 10k$.
I'm not an experienced trader, so there is a high probability that I'm wrong, but to much money is coming in crypto so it will go up anyway ... Just hodl if you do not know what you're doing, that's what i do. And do not blame anyone if it goes the wrong side, you're the one that trigger the buy/sell button, that's also my way of thinking and should be THE way any trader think (unexperienced, experienced, bad, or good one)

Hold and buy if goes down is what @haejin calls laddering in. Good choice.

do you ever sleep ? hehe

Lol. True.

Not when there is money to be made, Haejin is a millionaire 10 times over by now, his aim is probably a billion.

Postioned just right with this one. WOOT WOOT!

Thank you for another high upside trading opportunity to consider. So when you have twin fractals, it seems you only looked at the first one to determine the size of the potential third one. Do you only use the second fractal to determine that the twin fractal patterns are similar and lead to your projected third one. I'm a little confused because you say second and I think you mean third.

The best post

Can you please do a TA on the korean coin ICX???

Hi Haegin, could you do ARDR

does @haejin only make the analysis about the charts or does he include upcoming news/updates/technology behind the coin/team etc ?
I mean, me as a noob ask myselfe following question :
Let s say 2 coins have exactly the SAME chart, let s say 1 coin is popular and the other coin is a noob coin nobody really cares about. Will they have the same prediction?

Highly doubtful there will ever be the same chart for two. ^_^
And what you're talking about is fundamental analysis, where people focus on the underlying tech, knowledge of it on the web and what the coin is supposed to do in the real world. (:
Master Haejin focuses strictly on technical analysis, which has nothing to do with the fundamental analysis.
But in that hypothetical situation their prediction would be similar, depending on what their charts read, start to finish and what patterns and waves they have completed.
Hope this answers your question! :)

And now imagin there Is the Opposit of our Master here and we Could make a combination 😀💪🏼

hey guys, so i'm not sure if i'm asking at the right place ,but is there a guide where i can learn the basics of crypto trading? i want to learn it, but i can't find anywhere where i can begin

Check High Altitude Investing on YT. He also has a chat on Discord. Very good teacher. He also has a signal service that he charges for.

For paid courses check The Chart Guys Entries and Exits course.

Look at haejin tutorials, buy the books, (elliot waves and analyse of stock trends, see haejin's tutorials) and READ it :-). Then try out on a demo account on tradingview and when you feel you're ready go for real money (small amounts first just to be sure).

@haejin will you do a chart for the price of gold and price of silver? as in precious metals

@haejin Have you seen BTG lately?

Looks ready to start the third wave. Thanks!

Can you make a post about Dogecoin (DOGE)?

This is the current chart on #Reddcoin #REDD, any thoughts? Would very much appreciate your insight @Haejin

Screen Shot 2017-12-24 at 10.02.24 AM.png

I did this, but I am not sure which graph out of the list in your tutorial 2 explains this graph. Thank you @Haejin

Screen Shot 2017-12-24 at 11.38.54 AM.png

well to me this simply looks like a bullish triangle pattern which is about to take off, no?

I believe its about to bullish, but I am not sure which is why I am asking you @haejin's community for insight. If you scroll up in the comments, I posted an updated graph (Black background) in which I drew the slopes much better so that I can mimic the the triangle shown on @haejin's second tutorial. Looking forward to hearing a feedback! : )

Lol, it just went from 9,5 cent to 20.

I'm not experienced trader but I'll try to answer : Look like correction of big w1 is done, and that w1 of big w3 is correcting. Very bullish I think.

Can you check trx coin? Please?

Nice one, thank you!

Hey Haejin, can you do an analysis on DGB? Thanks :)

Could retrace down to between 0.00000390 / 0.00000440 BTC

Mr. Haejin, thanks for posting this chart for the Synero.

I was wondering if you could tell what is the prediction for this coin in terms of $$.

For the Verge you predict around $5,5... what do you think for AMP?

Keep up with great work!!

P.S. Merry Christmas!

Can you look at xdn?

I bought the coin and it is going steady up :) 38396 Satosh here we go! But seeing it go to 9000 or more is already a win, but of course 38K sat is the goal!!

We love Haejin Lee, analyst and man! I earn a lot of wealth with his kind free posts and i am forever grateful. Please UPVOTE HAEJIN!

Sure, spending your life savings on SYNEREO might have been the best thing you’ve EVER done…
But you made the bought AMP, you did it with one thing in mind… SHOOTING FOR THE MOON.
AMP has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing AMP, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days.
Check it now - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/synereo-boom-to-the-moon-shirt

Sure, spending your life savings on SYNEREO might have been the best thing you’ve EVER done…
But you made the bought AMP, you did it with one thing in mind… SHOOTING FOR THE MOON.
AMP has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing AMP, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days.
Check it now - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/synereo-boom-to-the-moon-shirt

@haejin i hate to ask you again after you helped the first time, but Bernie went and used all of his bots to flag me. I am back in the negative. Is there anything you do? Thank you for everything you do. Bernie wil be gone eventually

https://steemit.com/steem/@ginquitti/the-feud-between-haejin-and-berniesanders-his-bots