✴️ Siacoin's 300% High EW Probability Wave (6,473 Confirmations)
Updated
Since we are already at it, let's do Siacoin as well.
I've done several charts for these pairs, maybe too many... That is DigiByte and Siacoin... Maybe because they are classics? Maybe because people like them?
Why?
Mainly because it is "safer", more certain than some other projects we see/find at random since these have been proven to be here for the long-term.
They survived the test of Crypto-time and thus they have our respect.
Ok, the chart.
The first thing is that people will say this is not a correct EW correction, anything I draw someone comes out and fight it saying "nah, that's not it"...
But I read all of the freaking books, literally, and everything matches perfectly exactly what the people that invented this method are saying, and the current action that is happening now confirms 100% that's the correct correction count, a 3-3-5, quite simple.
Ok, that is out of my system let's get to what really matters... I am just trying to entertain you of course, with profitable information. :D
Ok. Siacoin is bullish because after the C wave of the previous correction we have a bullish breakout that ended in a higher low and this should lead to a higher high.
There is no doubt now as the market bullishness has been confirmed for the 700,000th time.
The potential I see is 300% for this wave.
That would be wave 3 of the current impulse which means that there is more, wave 5 is also needed to complete the pattern unless this is an upward correction.
In English; After this wave peaks we should see another higher low as it happened in mid-June followed by a final high before any major boring period. That's the translation.
This is true for most pairs, for most charts... As they are all the same.
When this wave is over and a new support level forms, I will be here again reminding you that the market is set to grow.
Namaste.
I've done several charts for these pairs, maybe too many... That is DigiByte and Siacoin... Maybe because they are classics? Maybe because people like them?
Why?
Mainly because it is "safer", more certain than some other projects we see/find at random since these have been proven to be here for the long-term.
They survived the test of Crypto-time and thus they have our respect.
Ok, the chart.
The first thing is that people will say this is not a correct EW correction, anything I draw someone comes out and fight it saying "nah, that's not it"...
But I read all of the freaking books, literally, and everything matches perfectly exactly what the people that invented this method are saying, and the current action that is happening now confirms 100% that's the correct correction count, a 3-3-5, quite simple.
Ok, that is out of my system let's get to what really matters... I am just trying to entertain you of course, with profitable information. :D
Ok. Siacoin is bullish because after the C wave of the previous correction we have a bullish breakout that ended in a higher low and this should lead to a higher high.
There is no doubt now as the market bullishness has been confirmed for the 700,000th time.
The potential I see is 300% for this wave.
That would be wave 3 of the current impulse which means that there is more, wave 5 is also needed to complete the pattern unless this is an upward correction.
In English; After this wave peaks we should see another higher low as it happened in mid-June followed by a final high before any major boring period. That's the translation.
This is true for most pairs, for most charts... As they are all the same.
When this wave is over and a new support level forms, I will be here again reminding you that the market is set to grow.
Namaste.
Comment
This is looking more than ready.The weekly session is now extremely bullish, next week should be good.
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