SUMMARY
What is it like to make 61% PROFIT in ONLY SEVEN DAYS? BYTEBALL!!
Not seven days ago, I had posted GBYTE while it was barley $160 and now it just hit $261.16...DAMN!
The below chart had been posted showing a delicious Bullish Downward Pointing Symmetrical Triangle that about to EXPLODE any moment....and it sure is doing exactly that!
The chart below shows that as projected, ByteBall made that one more lower low before the explosive breakout of the very large symmetrical triangle. Not too shabby!
As noted in prior blogs, I believe there are now three primary chart pattern "species" for Altcoins. First is the Downward Pointing Bullish Symmetricals like ByteBall and the group below. These too will start bursting out soon in more frequencies...very bullish!
The other two species are the Cup & Handle and the Jaws of Wealth. These are the result of sentiment which has levels of uniformity thus outputting the common and repeated pattern phenotypes. When sentiment is uniform, Cryptos will have uncanny similarity in their price movements. You see the same in the equities as often the chart for the DOW and SPX differ very little.
As projected, and written in prior blogs, the Altcoins are starting to breakout of these bullish patterns more and more frequently. I had used the analogy of a popcorn popping. In the beginning, the kernels pop one at a time and intermittenly. Soon, more popings can be heard until there becomes a sweet symphoney of pops. The Altcoins should do the same...more and more of them will begin price exploding upwards until a symphony of gratifying hoots are heard from @haejin's followers making MASSIVE PROFITS!!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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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:
BTS Wallet - haejin1970
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**