CINDICATOR (CND) Could Be Completing a Bull Flag
SUMMARY
Cindicator (CND) placed a vintage five wave impulse and that is now being corrected by what looks to be a bull flag pattern. When price travels downward between a parallel line, it's considered bullish because the number of sellers diminish as price is taken lower. It's an orderly fashion of decline and so a crash secenario can be taken off the table.
The closeup shows the abcde labeling of the flag and thus far waves a,b,c,d have completed. IF this pattern is correct, then wave E is expected to be next. The small horizontal green line is ignored as that's when Binance was down. Regardless, even a temporary shut down can't eliminate Elliott Waves. The white abc subdivides the fine E wave. The final white c wave is further subdivided into an impulse of blue fives. In this way, an approximate target of 1,490 Satoshi is generated.
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
@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!!
--
--
CND is an amazing coin, thanks haejin for all your hard work! may the force be with you!
Look this TA Vs Haejin fake TA
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-update-11-02-2018
Follow me guys the one who downvoted by this crap Haejin who spoke truth about him & want to speak about his reality.I will delegate SP to you
I lost money on bullshit haejin calls
I bought bitcoin at 17k when he call it going 24k.
Ripple $15.44, etc
That time market was bullish that's why he give bullish TA.Everyone know only elliot waves is not a solution for TA.Now he change TA every 3 days later & copy TA from other experts.Why I mention expert @salahuddin2004 is more smart than this crap.He mention us targets with no worries.Haejin downvoted me why?
Haejin you mention we see $4k before a week ago & now u change again? Zigzag dingdong up and down here & there anywhere correction abc correction bull wick single wick.?Stop this bullshit.
Look this TA Vs Haejin fake TA
https://steemit.com/steem/@salahuddin2004/update-1-for-steem-target-usd10-70-prediction-3
I lost money on bullshit haejin calls
I bought bitcoin at 17k when he call it going 24k.
Ripple $15.44, etc
That time market was bullish that's why he give bullish TA.Everyone know only elliot waves is not a solution for TA.Now he change TA every 3 days later & copy TA from other experts.Why I mention expert @salahuddin2004 is more smart than this crap.He mention us targets with no worries.Haejin downvoted me why?
Haejin you mention we see $4k before a week ago & now u change again? Zigzag dingdong up and down here & there anywhere correction abc correction bull wick single wick.?Stop this bullshit.
he states in ALL his posts: "Legal Disclaimer: This is only my opinion, make of it what you wish. " What you buy/sell is your OWN decision, no one is forcing you to buy/sell anything.
The market is fluid, and TAs are just estimates / pattern observations. They're NOT certainly, just probability.
@haejin has done a great service to the community by having additional links at MANY of his posts that teaches anyone who wishes to learn about TA, and encourage people to learn it themselves.
Don't follow TA if you don't trust his analysis. Instead, learn TA on your own and do your own TA instead of blaming other people for your own decision.
CND a very good cryptomoneda to invest take advantage of the low prices
CND is one of my favorite. Thank you Haejin~ =)
Go Cindicator, Go! :D
Your post is awesome.......
Thanks for your information......
Your outstanding post is great and strong character
CND has a ton of potential and is ready to run.
I think you are very right about the fact that sellers reduces when price reduces and I think this is due to the reason that there seems to be not alot of profit from it anymore and discourages people from investing into it.
Thanks bro
Your outstanding post is great and strong character