SUMMARY
On February 12th, an ascending right triangle pattern was presented RDD was analyzed to 0.086 BTC. The below chart was used where a bullish ascending triangle was labeled to enable an impulse as shown by the blue waves.
Current chart shows how price has transpired since then. The peak of blue wave 5 was exceeded to 00126 BTC. It has for now, kept the breach of the wedge triangle decisive.
Price is currently finishing off a symmetrical triangle as shown by the abcde (red) waves. I believe the e wave is complete and price should breakout to start impulsing along the white waves to complete the blue 3 at around $0.0242 and wave 5 at around $0.0270. Exciting times should be ahead!
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.
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Hey Haejin, think you've labelled your cents of a dollar as BTC by accident.
How about a Haejin BTS update?
Thanks! Corrected. Will do BTS tomorrow.
I am RDD with excitement...HODLING !!!
@haejin , a request to review Decred please...seems to be stuck...
Keep Hodling. RDD is going places by end of year. Things will look a lot better. Can't wait.
Will do tomorow! My bandwidth is about 10 analysis requests per day. It has been like this since beginning of my blog.
#Haejin "I'll do my best. My bandwidth is about 10 requests per day."
#Steemit Translation: I'll do my best. I can only get paid for 10 self upvotes per day.
I must say that I do enjoy your analysis here, keep up the good work.
I wish you MASSIVE profits!
Go get em tiger!
They know who you are.
https://steemit.com/stewardsofgondor/@iknowwhoyouare/certain-things-sometimes-can-t-be-ignored-my-introduction-and-my-humble-request
How did you do that ?! I ignored you !!!! Did you us a de-ignore spell on me ? 😱😱😱
Thanks for the link, really interesting. I will not re-ignore you. For now.
That being said ... everybody that want to know who's who online can learn to do it easily 😉😉😉
Hi @adri1202 :) Nice to see you.
#Haejin "I'll do my best. My bandwidth is about 10 requests per day."
#Steemit Translation: I'll do my best. I can only get paid for 10 self upvotes per day.
You mean USD, not BTC, based on your charts. Thank you for the update.
Yes, thanks, it's been corrected. Good eye!
Nice up date on the crypto there .nice post bro keeping the community informed ,definitely getting my upvote
I wish you MASSIVE profits!
Good analysis
Coins mentioned in post:
so is everybody so jealous of you because you found something that works if that's what it is then f***them then
no @bitly is because of @ranchorelaxo (now the 23th most powerful whale on steemit) is been used as a self voting bot for him. Is not because his charts or what he posts
we all share something called reward pool
do your own research on this subject and decide for yourself, do not let someone else tell you what to think
I truly am adding value to Steemit by taking analysis requests from anyone and providing TA that help augment their due diligence.
the 6% figure has been debunked many times. It was actually only ever 0.6% but the original post that got everyone so riled up fudged the numbers. Watch out for who you trust.
I encourage you to go look at the figure for yourself. It is currently at 0.7%. There was even a bugfix release from the dev team fixing that issue. The whole 6% claim was extremely dubious from the beginning and has been discussed and debunked thoroughly.
Well that is a solid argument you make.
http://steem.supply/@haejin
Just look at it yourself.
Just because it feels true doesn't mean you have to believe it.
Eat it, troll.
https://steemit.com/steem/@pawsdog/the-curious-case-of-the-errant-comma-haejin-berniesanders
My dick grinding motherfucker where do you live at im in santa cruz ca lets see your ass come to me and talk dissrespectfull about something ill learn you in amounts i wont waist your time 1-831-900-8349 love bitly satoshi nakamoto i better have ""understooded"" you wrong
@Baah humbug
I have noticed that a lot of altcoins are following the same pattern do you believe a lot of the real world use case coins will rebound? Thanks for your hard work!
The commonality of pattern is due to commonality of sentiment which ultimate drives price. Yes, very bullish on cryptosphere.
Thanks for the update.
Are you still positive on DCN, after the dramatic decline in price (6 satoshi) now?
On the USD pair, yes, the patter remains same.
Great analysis once again.. I love the way you make things simple to understand for newcomers.
I wish you MASSIVE profits!
Nice post
If anyone is interested @Btcpopco has pooled staking for RDD (if you’re not tech savvy like me)