OAX is Climbing towards $10.10 (380% Profit Potential)

in #bitcoin7 years ago

SUMMARY

OAX is another ground floor candidate. Take a look at the the Cup & Handle and price is climbing the right side wall! I believe wave 2 should coincide with the handle formation. Waves 1,2,3,4,5 should first hit $8.78 and then $10.10 for a 380% profit potential!

When the OAX/BTC pair is as similar in pattern as its OAX/USD cousin...it's bullish!! This means that sentiment is bullish strong such that the rate of demand for the OAX/BTC pair is expected to easily outpace the rate of rise for BTC. The Cup & Handle is uncanny and the Elliott Waves should take the price to 0.001156 BTC or HIGHER! Yes, new all time highs likely ahead!

Here is the OAX/ETH pair...even more bullish! The Fractals are almost always indicative of proportional move potentials. So, look how far Fractal #1 moved the price up....how much higher do you think the Fractal #2 will move the price proportionally? My target of 0.0126 ETH is conservative!

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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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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.**

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Thank you for good information

this prediction was such a joke! do you still stand by it?

Outstanding analysis
Really appreciate

do you still beleive this?

I'm a student of Haejin's wisdom and have been getting major gains the past months. I've posted last weeks results here:

Benkalashnikov Trading Fund Is +22% This Week (Beating Bitcoin) — Steemit https://steemit.com/bitcoin/@benkalashnikov/benkalashnikov-trading-fund-is-22-this-week-beating-bitcoin

That's pretty cool

c

Oax better not be an HOAX badum tss

Haha touché.

sorry i don't speak french, I speak italian ,english , sardinian, french but definitely not portoguese

Sardo? aio!

LO SAPEVO che sarebbe spuntato il sardo !! un sardo c'è sempre ahah, sardo sei tu pure ? o italiano ? :P

Italiano di Roma

First :)

A high percentage of rise. Excellent to enter and earn profits.

Recently almost every cryptocoin went up. But how can I save my money when that general upwards trend ends?

The charts look pretty! I'm ready for the rocket, thanks Haejin!