Ripio Credit Network (RCN) Has Two Fractals that can Help Guide Price Projection

in #bitcoin7 years ago

SUMMARY

Note:
Apologies for delay on this analysis request fulfillment. I have a backlog and tried to get to it as soon as possible. Please use only to augment your due diligence.

Ripio Credit Network (RCN/BTC) is quite interesting in its pattern. The bullish, downward pointing symmetrical triangles are uncanny in their fractal features. What is a fractal? They are patterns that are quite similar but not exact. Fractal #2 shows that price is already starting to pierce upwards out of the upper triangle line.

If Fractal #1 is any guidance in how it broke out and reached 3,400 Satoshi; then the green vertical line represents a potential guide for Fractal #2. I've included best possible orientation of the initial impulse waves as this was done on powerpoint. This setup is quite bullish in pattern.

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!!
--
--

Sort:  

Never heard about this coin, but will check it out

Hello @haejin! Are you sure your previous post about Rcoin is correct? I believe it’s not around $0.14, and you’ve analysed Ripio’s charts as well (it happened last time again with this coin, and I ended up buying the wrong coin, which it actually turned ot to be a good thing).
Cheers my friend!

@haejin, please respond to the posts linked in this comment. They are directed at you but you muted the account:

Haejin is Raping the reward pool at 2.133% of the reward fund!

As well, Haejin's predictions are so bad that using a mock portfolio determines just how much money you lose following his stupid advice here

Hi Haejin i wouldn't worry about explaining yourself you are doing what we all wish we could do we are living in a free world and you can do what you want that's your business and i pat you on your back for such a great effort and following and reward pool if it aint you it would be someone else these people that bring you down have no life and nothing better to do they are just jealous of your earnings .These people will never change there ways and will be always jealous of anyone doing good. Stay strong and dont waste your time reading any negative posts cheers Deni Guerrera

you copy and paste this comment on 11 post of haejin and self upvote it, as i told you in one of those comments please remove me from your following list, i see you are active at the moment replying other stuff, please take your time and remove me from your list. thank you

its in human nature we all work hard to earn money to support our families and things we love and mainly just to get by in life and i would love to be earning like hejein it would make my financial situation a lot better for my family also would help with my kids schooling and their futures as well. Jealousy is a curse people dont like it when there not earning like hejein its as simple as that whether you like it or not it does not faze me and yes i will take you off my list if it makes you happy its a free world and i respect your request

work hard to earn money is not in human nature i disagree with that
i agree that in human nature humans work hard not just to support their families but to help each other, even is in their nature to help different species called "animals"

since we enter school we are being dumb down by non senses

internet will set us free

thanks for listening to my petition and for taking your time to reply me with a good comment.

take care and wish you the best

happy steems!

cheers ps just for the record family comes first for me and i am a animal lover aswell and help when i can as they are beautiful creatures but being financial stable and then some makes things a lot easier to help out others when ever we can to anyone we can out of goodness ,i no money aint everything but its needed in everyday life unfortunately cheers have a good day

without @ranchorelaxo you make between $30 to $60 from your followers
@ranchorelaxo adds you around $200+

you make 10 post a day, each with rewards of $250+ or around $250. thats $3000+ a day
and you do this everyday, that is $30.000 a week
you go over 100k a month, over $1.2M a year

i hope that you and your team feel well rewarded
i am agree with you @sublimate

Haejin's predictions WILL lose you money

My IMX TA, Give me $300 upvote!
My FIRE TA, Give me $300 upvote!
My MAY TA, give me $300 upvote!
My DOGE TA, give me $300 upvote!


Haejin's Voting Trends

Bernie's Voting Trends


Haejin's rewards come almost completely from a single user... Haejin doesn't care about you or the money you make, he just wants to earn as much money as he can and in the process he will ruin and kill the profits of others. So lets spread out these profits, #flaghaejin

Spam is discouraged by the community, including comment spam.

Tips to avoid being flagged

Thank You! ⚜

MR.@haejin
THE Ripio Credit Network (RCN/BTC) How much will very intriguing in its example. and th e bullish, descending pointing symmetrical triangles how could uncanny in their fractal highlights?

I hope for my understanding this post will be get much existing comments.and i would get my question answer very easy.
so this post has been upvoted and resteemed.
Best of luck MR.@haejin.

Hi @Haejin. What do you think is causing so many people to be impatient when investing? When you think about it, people have to wait 5 to 10 years for a bond to mature. Why can't people have the same mentality when investing? Why do people panic and sell as soon as the market goes down, instead of waiting a few months, or even a few years for the market to recover. The only sure way people are going to loose money, is when they're impatient, and decide to cut their looses early.

The need for immediate gratification is very primal for humans. To be a good trader/investor, discipline is required. This is gained from experience of loss and profit. It's truly a journey of learning about your inner self.