OBITS is Showing Off a Fancy Cup & Handle!!

in #bitcoin7 years ago

SUMMARY

The OBITS/USD pair is showing that price has decisively breached a bullish downward pointing symmetrical triangle. Target is $4.72

Below is same but much larger in time scope. Check out how the five impulse waves were put in and the a,b,c is now done with the cup pattern formed with only the handle remaining!

The OBITS/BTC is forward discerned to follow the bowl pathway for now with an expected handle. It's clearly lagging the USD pair.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: 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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Off topic of this coin.....
Yesterday you predicted Verge XVG would go to the moon.
Well 16 hours later and Bittrex has it featured.

Thank you thank you thank you
I got in with 58,780 tokens

Well done, if they go to $1.50 as predicted long term your laughing. What wallet did you use? one from website is not working for me.

It's just down for maintenance....you can use shapeshift or changelly if you don't want to sign up for another market.

I passed TA Haejin through my own filter and I decided to buy XVG a few days ago. Today we sold with a profit of 110%. Good job!

Finally I got it; The Jungle Book!

Good on you! It's so obvious that you are trying to be the best trader you can be. MAD RESPECT!

Jiihaa! You are right, this game is much far better than any videogame. BOOM! :)

Good on you, Amazon? Look a brand new copy. As Haejin would say, i wish you massive profits.

Some other supplier. Thx!

And you like it so far? I'm still in doubt because of the high price...

Can't say yet. I have only read 10 pages, cause English ain't my native language, so need to proceed pretty slowly. But I definitely think it's worth investing if u just study it well.

Cool, keep us posted about your progress!

This one is a KILLER! I love it! Awesome potential from TA standpoint, and if you support DEX and openledger....this is your coin. It pays out dividends of openledger fees!

thanks alot @haejin..it looks like a steal but the problem is that they are not available in a reliable exchange yet :(

They are availible on the BitShares exchange and if you haven’t used it before, it works wonderfully. www.bitshares.org

It's only available on the most reliable exchanges actually.

which one is it?:) im at binance, but unfortunately their portfolio is limited

openledger.io and bitshares.org
I love Binance, but no obits....

thank you very much. I really enjoy your presence in haejin's comment sections, you also seem to know your stuff about trading itself. May I ask if you are a professional trader by yourself and do you have some further references once I mastered haejin's books and tutorials (I could imagin trying expanding out of cryptos but struggeling to see the correct path).

I am simply "an astute follower" as he once called me that has decided to dedicate my time to helping his visibility. I trade as a second job. Don't worry, by the time you're ready to expand, we will have resources in place. hinthintwinkwink*

wonderful :) I love haejin's style and his community and I'm promoting him by myself since noone should miss this opportunity. I'm sure we will read each other, all best!

one more question regarding exchanges: do you have an opinion about bisq? looks fine to me and I would like to access some more alts there which I can't via binance. Some experience?

Never used it. Heard decent things about it.....but don't take that as any advice. I bet someone here can give you more info on it. Sorry!

Can you do Zephyr (ZEPH)?

Thank you @haejin for making us all rich and teaching us all about T.A.

Oh give me a break, don't you know the price can NEVER exceed $1.15. ITS THE RULES!!!!

Thank you thank you! Can you please take a look at the bitshares token ZEPH?

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