You are viewing a single comment's thread from:
RE: ZCOIN (XZC): Downward Wedge Pattern is Actually a Bullish Pattern! It simply needs to be allowed to complete!
Last time you posted about Zcoin you predict it's price to sky rocket to $500+. Now this graph states it going down, Now this is just a question for future references. But is that older graph no longer valid? or is this suppose to happen after Feb. passes? If you could clarify that would be great @haejin :)
@jason7282 why you don't know haejin TA always changes, its normal.
@asiahajranajma You're wrong. In his post from 12 days ago, he clearly showed that the price was still correcting, and could therefore go lower. The larger degree of trend, as Haejin clearly wrote, remained solid. He was showing the trend, in accordance with Fibonacci relationships. With this post, he's showing the correction as it unfolds. I'd prefer that those who post crap on Haejin's blog either (a) learn to read, especially the disclaimer at the bottom of each of Haejin's posts, or (b) simply mute Haejin and move along. Pretty simple, eh?
That's NOT what he wrote.
https://steemit.com/zcoin/@haejin/zcoin-xzc-needs-to-breach-the-upper-white-line
June! is the month thats what I didn't remember correctly. We're in wave 2 and the 500$+ is set for wave 3.
Time is not a factor you can calculate with TA.
He's just drawing on the chart for future, potential values.
His original TA still holds, the correction depicted is currently completing. The higher targets remain unchanged.
This information can improve your trading profitability: https://steemit.com/bitcoin/@investingtips/which-trading-order-should-you-choose-all-the-different-types-explained