ARK of WEALTH Target Revised UP to $14.50!!

in #bitcoin7 years ago

SUMMARY

The ARK of Wealth is within the JAWs of WEALTH!! The Cup & Handle is quite apparent and is impregnated within it and this is reflective of an uber bullish sentiment. My $10.22 target has been hit as had been forecast in this Ark Analysis. The below chart is current and wave 4 is in progress. This means that it'll most likely take the pattern of an a,b,c,d,e triangle and once complete, wave 5 is expected to surge towards $14.50. There is also a very good likelihood of price just busting out of the top line of the Jaws of Wealth and go near vertical! If so, expect the $20s range.

The ARK/BTC pair is showing a triple fractal feature. This is also quite bullish. Three of any bull pattern surely doesn't mean that price is expected to decline! I've raised the target for this pair to 0.00294 BTC and more than likely, it will be easily exceeded!

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 Mumbo Jumbo: 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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I can vouch for this service working. I generally get notified within 2-7 minutes after the post has been made. This is great for when I'm doing something else!

Ark of the covenant! Only the penitent man shall pass...Only the penitent man shall pass (Indiana Jones reference)...Upvote if you watched that movie!

Someone impregnated the cup and handle? Isn't that an indecent act?

I think this was a test to see how absurb the comments could be, and still collect $200 per post.

Could you please do an update on EOS?

EOS breakout

I was HODLing through all the massive drops and glad I did. Monaco on the other hand is getting on my nerve with its waiting game. I HODL after a spike and then it comes back to $14 It's a severely undervalued project with one positive chart pattern after the other behind it.

Yes I'm bullish on Monaco as well and did you see the beautiful C&H forming? I'm positive that its time to explode is dead ahead!

Check the 5 mins chart. It's one chart pattern after the other. Mainly C&H and triangles. Monaco is simply the crypto debit card coin with the highest potential. TenX is the only real competition they have.

I found the 4h chart to show the major C&H, I'm ready! :-) When this is done I'm only waiting for IoTa to be finally done with its correction, feels like forever as well..

Monaco likes to keep people waiting

Thank you!
A Month ago it looked a lot stronger.
Do you think if the Bitcoin dominance (marketcap 37%, and below 20% etc.) dips further this will be a good thing for altcoins?

Absolutely.

Seem like such a solid project

Really a good coin. I will hold it for long time for sure. Thanks for the info.

really shitcoin from top40

Thanks for the great chart Haejin! Care to do an update to GCR?

prediction done good to awesome, thanks

wealth is the easiest link to prove success

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