Internet of People (IOP) Could Deliver a Stunning Blow of Profit!!
SUMMARY
Internet of People (IOP) is currently correcting and finishing a very large Cup & Handle pattern.The symmetrical triangle fractals were well executed and as the symmetry in height from the left side and the right become quite close; a correction was the next step.
Once the handle formation is complete, after retracing about 50% of the right wall side of the cup, price is expected start impulsing again upwards. The chart below shows Elliott Waves going to $31.26 for wave 3 and $35.85 for wave 5.
The IOP/BTC is clearly laggin by far the IOP/USD pair. I've defined the reasons for this lag in earlier blogs and as long as Bitcoin price remains non-constant, the lag will continue. Regardless, the pattern and direction should follow that of the IOP/USD pair.
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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Definitely looks to be trending higher. Good call.
looks like another great opportunity. thanks.
I agree
And here's another good opportunity my friend :)
ETHEREUM CLASSIC (ETC) - Analysis (218% POTENTIAL PROFIT) — Steemit https://steemit.com/bitcoin/@benkalashnikov/ethereum-classic-etc-analysis-218-potential-profit
Be at the upmost alert when a coin hits the end of a triangle. At this time it's not a definition of going up and say: "Kaboooooooeeeeem". It just told us it is searching for a new price-level. Just wait and see............you've got time. Afther the triangle it can go up.................but also go down. The last few days most of them went -and I know you don't want to hear this- DOWN.
Best example Tron (TRX) This chart is from a few days ago with the headline of @haejin: "TRON (TRX): Price EXPLOSION Could be IMMINENT!!"...........just check it now on your live-chart.
I think you just drew some lines for the fun of it my friend, doesn't look like anything to me haha.
well most people just draw lines everywhere. really what is the difference between this and when people say this chart doesnt predict time. well in this world, time is everything. you dont wait on something because hey maybe in 2 months this thing will go up, and then miss huge gains because someone drew a triangle.
Tronix soared and then crashed down not because someone was playing connect the dots and the devil appeared, it was all hyped up, people FOMO (the alibaba protege, big announcement partneship) and his live stream was a shit show. no news since then has changed that. If it goes up or down, it will be because of news not because of some arbitrary formation.
@haejin - IOP is a great investment. It is very advanced tech, just test out how fast it is to use, it will soon be associated with the launch of the Hydra token which is using hash graph technology.
This is going to be huge, I am holding for a $100, it might be a good trade, but it is also a very good investment.
Continuing to hold Waves since the 2016 ICO!
Steemit is great for these type of articles @haijin. Keep em coming!
Check out the simple, but detailed report right here for a nice trade with +300% profit with Expanse, posted on Steemit.
-The Beached Whale-
Editor in Chief - The Anderson Report
Too many cup & handles these days...
Was thinking the same thing...lol...we need something to fill them!
Seems like a standard pattern out of ICO.
yeah i would wait on actually news to predict what is about to happen. if it is a decent coin (good team/tech/etc.) at least its more safe, but some of these shits coins its risky to just go off a formation. A lot of bloggers are looking like geniuses because of the huge gains across the market make it look like they can predict the future (minus time) with their TA, when really most are just as clueless as the rest of us. Haejin is one of the better ones out there but no matter who gives the advice, please DYOR.
cool
Thank you so much @Haejin for your hard work!
👌@haejin
Upvoted and resteemed.