ARAGON (ANT) Analysis: With Bullish Breakout in Progress; All Time New Highs Attainable!
SUMMARY
Fifteen days ago, I had posted the below chart of ARAGON (ANT/USD) trying to complete a correction. Busy as the chart might look with all the subwaves, the gist was that a potential one more lower low was on the table.
Today, the chart below shows that the lower low was tagged and has thus completed an abcde triangle from which price is currently breaking out. The lower low could also mark the bottom of current correction. The abcde pattern also allowed ANT to be a time pacman during the correction where it was allowed to execute the "Hurry Up & Wait" syndrome of Altcoins.
The first symmetrical triangle shows the effectss of what a breakout can be on the price rise. I believe it won't be too different with the second where the breakout could deliver a rise higher than its starting point, just like the first symmetrical triangle breakout. The blue line outlines a potential future price pathway towards $8.13 or higher.
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!!
--
--
Aragon is a sleeping Giant for sure!
Everyone go look at my firecoin projections here
Increase from $1.76 to $2.27
This is not the HAEJIN we have on Steemit
이것은 우리가 steemit에가지고 있는 해 진 되지 않습니다
https://www.urbandictionary.com/define.php?term=Haejin
Can't you just provide good contents instead of being jealous ?
Steemit is not yours. You made money posting stupid things, steemit has grown, real contents are added, and you can't compete with that. I too would have loved knowing steemit before and earn money with posts like yours, but you have to understand that steemit is not a crypto facebook anymore. Count how much you stealed from honest people (reward pool) with your void contents and be happy with that, some never had this chance.
Peace :-)
Who would win though? In your opinion, of course.
Would you do an Analysis on Litecoin-Cash - LCC? PLEASE!
Do an analysis for ALQO @haejin...
Everyone go look at my firecoin projections here
Increase from $1.76 to $2.27
Hi @haejin
I am glad to see your post on bitcoin. Great work done this time. I saw your recent past blogs and found very good knowledgeable data for investment in crypto.
Do the same positive work with same sprit
Please follow me @sohailomi
Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 215.47 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
Thanks to share...
worth sharing.!
$8 looks like a little bit stretch to me, but this is surely going to outperform many other cryptocurrencies in near future.
Nice post thanks for sharing
Very good....