AION: Bear Flag or BreakOut?
SUMMARY
In the course of putting in the downward pointing wedge, AION had completed a bear flag. The current dilemma is as to whether this price rise is yet another bear flag or not. The pattern has now put in an overall abc (red) correction that subdivides quite well.
It's interesting how a Bull Wick was put in and so provides a differentiator to the first bear wick which was NOT preceded by a Bull Wick. My primary count is shown as an impulse wave of blues. This is with the caveat that Bitcoin doesn't start running downwards.
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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Plain and simple...as Bitcoin goes, so will the alt-coins.
I thought crypto market will be back in track very soon.But now i think it will take more time,still it's quite tough to say what is really going to happened.Market needs to be stable now,otherwise people who were waiting for some positive movement they will start panic and start selling then another down fall may come.I have faith in you and i like your calculation.Let's hope for the best.@upvoted and resteemed.
It's a tough time for crypto but this similar occurance happens most years. Blockchain is here to stay. Which coins/projects survive is a completely different story.
@rupok hoping that it recover soon.
Why Crypto Investing is a Terrible Idea... Graphic Language and References Used... Do NOT read if you are under 18 https://steemit.com/bitcoin/@investingtips/why-cryptocurrency-investing-is-a-terrible-idea-warning-18-only-graphic-language-used
Thank you for the information is very helpful for beginners!
Please senior guidance!
@muzecklou
Traders follow me I will follow you back.
I want to learn new things from others and share my knowledge with them.Thank you.
I'll take a look over your posts, drop by my blog and see what can you learn from there :)
ICX/BTC
I'm thinking ICX will break it's previous ATH soon, hoping the same for ven and neo
Hoping this bounce happens! fingers crossed :D
upvote and resteem has been done
wow it's amazing it's so incredibly incredible to keep the boss of his wonderful career
significant!
God when will this thing go up.