SUMMARY
Polybius has a very BULLISH outlook. Let me tell you why. The below chart is that of PLBT/USD and that rounding bottom is very bullish. I've included the Elliott Waves to indicate that most likely, wave 5 will coincide with top of right side of the cup and then the requisite a,b,c correction will cause the decline for the handle formation. The following impulse waves will carry price to $16.76 or higher! All TIME NEW HIGHS are ahead!!
The chart below belongs to the Bullish Downward Pointing Symmetrical Triangle Species! As usual, PLBT is a bit behind and lagging the PLBT/USD, but no worries! This baby is about to BREAKOUT!! Target is 0.003774 BTC!!
Here is the PLBT/ETH pair and it isn't that different from the PLBT/BTC pair. Check out the BREAKOUT that's already happened!! The Downward pointing symmetrical triangle is very bullish and Elliott Waves should take price to 0.04168 ETH.
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?
Follow me on Twitter for Real Time Alerts!!
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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.**