I do not see the volume to confirm the inverted H&S but another interpretation would be an ascending triangle. However, volume should decrease near the apex of the triangle which is not the case so

Don't know about the bigger ABC. It is a possibility but what gives? But I also think the minor abc fits better into the overall picture. Posted my chart as a reply to Haejin's post.

The wave 3 of 3 we have been monitoring in the past days was not impulsive at all. Taking a step back, to me the idea that we may be in wave 2 fits better into the overall picture. I also like the fact

@haejin, I see you still have issue with your mousse. If you want me to help you troubleshoot the issue. Check for the email I sent to your haejin_crypto email on the 3rd of February with subject "Help

If the triangle does not fit, I think WXYXZ does... The RSI is showing bullish sign on the 4H and the breakout is nice. Thanks for the explaination regarding the shallowness of wave 2!! Really enjoy your

@kingjongpoo I do not want your vote or anything to do with you. Give the guy a rest. If steemit is not distributing rewards fairly in your view, find a constructive approach to the problem.

I now see that this has nothing to do with Venezuela and I misunderstood the phrase "without any regard to politics". Apologies haejin for this misunderstanding. I still believe every word I

I feel sorry that you covered this coin. The statement that this is only for T.A. and not politics does not make it right. By creating this post you are giving attention and publicity to a speculative

On what timeframe do you see a spnning top formation at 9600?

This is a text book correction of wave 1. Retracement is expected to be 50% or 61.8%. This correlate with the 0.5 Fibonnacci, + H&S pattern + Horizontal Support and Resistance level and will allow

@haejiin, Have you notice how the sub-micro (in your chart not the one bellow) wave (1) and wave (3) have the exact same length. It is common in an ABC correction for wave A and C to be equal but in an

Any views on a possible lower low. I am not sure whether the latest impulse we have seen is 3 wave-ish or not... Also is there enough impulse right now to breach the upper line of the descending wedge?

May be 0.161 usd is another probable target (as in 3.618 W1).

hmm... "The important thing is the relative movement of the altcoin to bitcoin, i.e xvg/btc pair analysis." Consider this other perspective: If you were to get your salary paid in btc and you

Thanks for this analysis. I can't help notice that your Elliot Wave does not look right, the bottom of 4 is overlapping the top of wave 1. Is this intentional? In your experience should the wicks be ignored?

Most welcome!

Thanks for this informative article, in your view, what would be the best way to make the most of Steam Dollars one has acquired on an exchange in BTC?