Moeda Loyalty Points (MDA) Could be a Ground Floor Opportunity!!

SUMMARY

The most ideal time to buy is at the terminal end of a correction as detailed in my tutorial. In other words, corrections are teh most ideal times to cast buy ladders. My laddering technique can be viewed and perhaps can help with the buyer's and seller's remorse events.

The below chart is that of MDA/BTC pair. The a,b,c correction shows it to have completed as a Zig Zag (5,3,5) type and once bottom was reached, the impulse started with serious gusto. It is currently doing a minor wave 2 correction but once complete, wave 3 should take the price to a hieght equal to the left side of teh cup as symmetry is important. From that point, wave 4 could coincide with the handle formation. When wave 4 makes the handle, the retrace is much less than if wave 2 was doing so. Wave 5 is expected to take prices to 96,442 Satoshi.

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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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.