SUMMARY
STORJ is looking to be putting in a bottom! It's correction was in the form of the handle to a Cup & Handle pattern. The below chart shows the a,b,c,d,e waves of the triangle (blue) and a breakout is imminent! The rounded Cup pattern is complete as well and the red ABC marked the prior bottom. The Elliott Waves (white) show 38,834 Satoshi as target. Laddering in!
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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