Yellow wave 2 seems to be done soon. We should see the next pump right afterwards, if this count is correct. There is also an obvious channel going on... Can you see it without me drawing it into the chart?

So far, everthing is looking bullish, but this channel could be interpreted as a bear flag. There is also a lot of FUD again, because of this obvious big triangle formation in the daily chart. Therefore a lot of people are expecting another crash. But you know by now, that it can't crash, if the sentiment is too bearish. So I think we are good.

Now that haejin is not doing crypto on steemit anymore, I know that I will be getting more attention.

I will continue to do my best to provide you with relevant crypto updates and of course emergency updates in the future.

I don't post as frequently as he did, due to the lack of time, but I will increase my posting rate later this year. Probably starting in Q4 2018.

I will be gone for holidays starting on the 07.06.18 until 14.06.18 and I hope to find BTC exploding when I am back.

SBD UPDATE: SBD is trading @ 75$ on HitBTC LOL

But Coinmarketcap excluded it from the calculation of the SBD price...

If you think this to be useful information:


Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.

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Have a nice day :-)

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