1st Blood: A Handle Turn UP Supported by MACD Cross!
SUMMARY
About two weeks ago, I had posted on 1st Blood as an attractive potential for higher prices. The below chart was used to depict the Cup & Handle bullish pattern and how the handle formation, once complete, can provide the impetus for a sizable profit potential.
This is a updated close up of the pattern and the Handle has completed the a,b,c waves that could lead to a breach of the top white line. IF that breach occurs, it would be aided by the MACD which has based and about ready to curl upwards. Once the white leading and the red lagging averages cross, a buy signal would be generated. Post a breach, price is expected to impulse upwards in sets of fives.
Legal Disclaimer: 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.
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Your Elliott waves are so spot-on most times. I deviate from your prediction from time to time but for the most part you are spot on dude. I've been following you for a long time before I even joined steemit, just wanted to say I appreciate your material and I will continue to follow! Keep up the amazing contributions to the Zeitgeist we call cryptocurrency :-)
I wish you MASSIVE profits!
Thank you so much! Best wishes to you as well! Just so happy to be a part of this part of History right now. Exciting times ahead of us :-). I was too young to invest in the IPO boom of the 90s but I'm not missing this! I appreciate your time and if you ever get the time to stop by my page, I am producing content geared more toward ICOs - including upcoming forecast podcasts as well I would be honored to have you even watch or read something of mine let alone find something I do useful. If you ever need an animator man, please don't hesitate to ask! I do really high-quality animations as well. Pleasure speaking with you!
I agree with, and thank you Haejin for your updates and videos despite the negative things some are posting. I am learning a lot from you.
You know, the other day I noticed that people were talking trash on him for some reason... Honestly I was appalled when I joined the Steemit network and realized that people were saying the things they were saying about him... Let the haters hate! I genuinely appreciate the content he produces and I let them know that on the post when I saw they were talking trash. Every person on Steemit AND the cryptocurrency Community as a whole knows damn well that Haejin is definitely contributing positively to everything that's going on regarding cryptocurrency... I'm thankful for him personally, thanks for this post, I feel the same way! <3 - also this isn't an advertisement, check out my blogs if you are into ICO's, I'm covering a lot of the ICO stuff since he's covering a lot of the projections :P
I could find MACD charting for BTC at :
https://bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm2g25zv
But could not find any website that provides MACD charts for altcoins.
Is there any website that provides such charts?
Thanks.
www.tradingview.com
Do you have any date for this crypto blood bath to be over in mind, some people are saying end of lunar new year. Do you think prices will rise after 16th FEB 2018, I am sitting on a loss of $3000 already?
There is a sizable bounce coming if the MACD crosses and gives a buy signal. Price could reach towards $14k or so. IMHO.
whatever you do, jsut HODL! everyone has lsot a substantial ammount but dont break a sweat, it always happens my man! we need a few days of solid slow growth i belive to recover and become "stable" again! HODL!!!
there is a saying in Wallstreet, "Trend is your Friend". trust only the trend, do not depend on lunar new year, short your portfolio in this bloodbath and make some profit.
The trend is your friend until the end. Do not forget to sell at the end of the trend (I learned that the hard way).
Yes, exactly. I also need to learn to sell at the end of the trend. I am just making huge gains and loosing it in cycles now.
People who trade with the trend, are usually only wrong once, and that's when the trend confirms a reversal.
@haejin ( 74 ) Post is very useful
Thank you very much for this TA, @haejin!!! 1st is one of my favourites alts.
Could you do another one for Voxels (VOX) and LBRY Credits (LBC), please?
I think this two also have a great potential.
hey lets hope! my lambo last month turned into a tricycle! #HODL
Very good friend,,
thanks
https://steemit.com/criptocurrency/@artcontemporany/tridiagonal-matrix-algorith-criptocurrency-steem-steempower-youvote-desingmatrix
Thank you for your analysis! Could you do YOYOW please?
thank you, I follow you