IOStoken (IOST) Analysis Shows Correction Bottom Could be Near
SUMMARY
IOStoken (IOST/BTC) is one of those that started its genesis as a correction. The red ABC waves show that wave A was a rapid vertical decline and its subwaves are probably impossible to discern. Since the coin started as a correction, the B wave is a clear three wave as expected and the very long, drawn out C wave's subwaves are labeled.
In combining pattern with Elliott Waves, the completion of five subwaves of C provides confidence data that the bottom is likely placed. The symmetrical triangle (blue lines) also show price to be ready to start rising out of the contracting lines. From a bigger perspective, the white line shows what could be a Cup formation and likely 2/3 of it is already complete. IF so, then poisitioning the Elliott Impulse Waves (white) show how the right side of the Cup pattern could be finished. The height of the right side could reach 1,132 Satoshi.
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
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Hi Haejin,
ETC will have a hard fork & air drop at block 5500000.
right now at block 5,495,253.
Act fast, still need time for confirmations.
People will receive 1:1 Callisto for every ETC. (not exchanges)
All the info you can find here: https://forum.ethereumclassic.org/t/january-dev-update-commonwealth/404. _
my apologies for blurting this over your very good blog on IOST
I don't think @Haejin like those kind of things.
My bad if he does not like Airdrops
We are now at block 5,499,766
Never heard of IOST 😀 just busy for a month or so .. back now and the World Seems new lol
I have never heard of such but its good to follow you for such education
Glad for your friendship 😍
@Emmanuel this is the name of my 5 years old son lol
I am the true cryptogod!
My TA will bring you all riches. Fuck this imposter, I am the true leader.
Haejin sucks, so follow haejinsucks!
Everyone go look at my firecoin projections here
Increase from $1.76 to $2.27
for a second I thoought the symbol was lOST like LOST. This coin kinda sounds like a LOSER? Does @Haejin ever promote #ShitCoins?
hey there
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Welcome back mate....We are all here trying to learn and learn. Thanks.
Yep .. thanks 🙏🏼
Let’s be good to each other
I flagged this post, not for the content. flagged this post because i do not support the abuse ranchorelaxo (now the 23th most powerful whale) is doiing to steemit
@haejin could you please take a look at Simple Token (OST)
Will do tonight.
This coin seems like a classic pump and dump..
No. A lot of coins start this way. Most coins actually.
well post for all steemit user.
thanks for shareing...
Good analysis, I'm new around here but after going through most of your posts, I must say I doff my hat!
Good analysis, I have a little understanding now.
thanks for the science.