IGNIS Could Ignite a Trend Reversal!
SUMMARY
IGNIS/ETH is very close to the Apex, the point at which the two triangle lines intersect. The retracement thus far has also been 78% or 0.78 Fibonacci level. Yes, a rather deep retracement; but just as no coin can go up forever, a correction does not last forever either. This means that at terminal ends of corrections, one can a reversal and one should be occuring for IGNIS/ETH.
Once that resumption of the original up trend occurs, the below Elliott Wave scenario shows potential wave 3 target at 0.071 ETH and wave at 0.0798 ETH.
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
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?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
I'm not even sure what this coin is all about.
Lucky you:
https://steemit.com/haejin/@truthtrader/haejin-6-months-accuracy-rating-day-16-1-day-15-accuracy-11-66
Guys, this is your chance to buy EOS!!!
Ethereum Price Update!
https://steemit.com/ethereum/@salahuddin2004/ethereum-train-will-reach-to-usd1500
That is a text book Apex lol Can't wait to see it break out lol Im ready for it!
so, did it broke out?
https://steemit.com/haejin/@truthtrader/haejin-6-months-accuracy-rating-day-16-1-day-15-accuracy-11-66
Good thing Bittrex hasn't given it out yet! HODL!
Until then, here's a trade in the mean time on Steemit.com with +100& profit potential.
Sys is in 4k-6k range for weeks ! I got tired and sold !
do we still have the chance or it lost the opportunity
hope you "lost the opportunity"
https://steemit.com/haejin/@truthtrader/haejin-6-months-accuracy-rating-day-16-1-day-15-accuracy-11-66
Don't forget zclassic will be forking into bitcoin private soon...still not too late to pick some up since logically everyone is predicting $500-$1000 im currently hodling zclassic and bitcoin which both will fork into bitcoin private
I’m still waiting on my ignis airdrop from Bittrex...... jeez I’ve been waiting forever
Yes! If really felt like forever.
Have you gotten your ignis yet?
any luck? woulndt be Worth much though...
Ha first
Excellent info.
Oh man, you're a funny guy Haejin.
