SUMMARY
DASH is an interesting case of a wedge that broke out and yet a lower low was made. I've labeld the wedge as 1,2,3,4,5 or a leading diagonal which is often A wave of a correction. The B wave was a three wave and the C wave down was a five wave sequence. Given that it was an larger ABC; the wedge of A led to a lower low for the C.
So, what's next? The MACD has already broken out of its symmetrical triangle pattern (white circle). If the C wave is complete, the small rounded price pattern is likely to become a price surge of a certain degree. Let's see how the next few days price out.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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!!
--
--
Thanx for research !
Hi @haejin, I want to ask you something,
I saw a video on youtube and it was @brandonfrye's video, he told that 25% of the total rewards of post goes to curators, I have seen many post of popular people, but on none post curators get anything. what is it and how it works, can you please explain all this stuff.
When a post gets paid out 25% of the value is split up amongst the people who have upvoted the post. The largest shares of the curation go to the people with the biggest votes. It also helps to have upvoted the post early after it was posted.
For a new steemian with low Steem Power you could be the first to upvote a post that ends up making 200sbd and your curation rewards would only be something like .002 . Don't worry too much about curation rewards until you have over 1000 Steem Power built up. Focusing on making good comments on other blogs with help you earn rewards the fastest.
thankyou bro!
no problem
Dash will >> btc
DASH is my favorite cryptocurrency. I hold some Dash. Thank you so much to share it.
I hope it will be rock soon.
I like this blockchain
I appreciate your cryptocurrency news
Upvote and rsteemit
wow sir good post.
good wishes for you. best of luck. go ahead.
It's interesting how a bitcoin breakout causes many other cryptos to breakout as well. It's as if investors are saying: "if bitcoin is okay then the other cryptos are okay."
actually this time it happened in reverse. XVG, STEEM and a few lower volume coins made HUGE moves upward before BTC even vibrated. it was as though the confidence in alts instilled confidence in BTC this time.
I think the big fish are getting together and planning these moves. They are probably plotting their buying moves together on each cryptocurrency.
felicidades muy eficas tu publicacion te felicito
you are highly appreciate for this update crypto news..
Very useful advice @haejin for members of the Steemit community. Thank you @haejin