PeerPlays (PPY) Could Become More Popular with Increased Liquidity!
SUMMARY
Peerplays (PPY) is a very thinly traded cryptocurrency! It therefore has less liquidity and likely, a wider than usual spread between the bid and the ask. Buy/Sell at your own risk!
The below chart sows PPY/USD with a handsome Cup & Handle that is nearing a completion zone. If so, then volume could pick up and popularity pick up which would raise the liqudity! From the bottom of the Cup formation, an impulse set of five waves (blue) can be counted as shown in the chart. The handle can be labeled with the a,b,c,d,e markings and once complete, it could signal the compleition of wave 2 (circled white). What comes after wave 2? Wave 3 and per Elliott Waves, wave 3 is NOT less than wave 1.
The PPY/BTC is lagging the USD pair. I've explained numerous time the rationale behind this lag and how the USD pair can lead the the BTC pair. IF the demand for the coin can counter the rate of change for Bitcoin, higher highs are likely. The submicro Elliott Wave counts are shown to depict how a larger formatio of a Cup could already be in progress from a forward discernment perspective.
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.
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?
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This sounds interesting, but it will be more interesting once this coin gets listed on popular exchanges..Yes it is now limited to Livecoin.net just checked on coinmarketcap.
Thanks for sharing.... And the chart you've made sounds really Awesome!
Upvoted kudos @haejin !
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I had no luck on Livecoin.net. Literally, it should have been rename to dead coin. Nothing traded.
But it does "trade" on bitshares. Still very little volume, but then again there are very few coins in supply.
@haejinsucks your name really suits to this guy haejin.he is not doing TA.he just making money to decieve people. @berniesanders was right about him. Now haejin thinks i am promote @berniesanders. We need to stand for people who deserve respect. @salahuddin2004 great expert than sucking haejin.
i like wagerr and peerplay
Although I hate all experts, @salahuddin2004 is much better than him. Ironically, you have sent compliments to him. But the incisive question is what he has done so far. It's my conviction that you are no other than Haejin yourself.
Although I hate all experts, @salahuddin2004 is much better than him. Ironically, you have sent compliments to him. But the incisive question is what he has done so far. It's my conviction that you are no other than Haejin yourself.
Although I hate all experts, @salahuddin2004 is much better than him. Ironically, you have sent compliments to him. But the incisive question is what he has done so far. It's my conviction that you are no other than Haejin yourself.
Read this about the incompetency of Haejin.
There's a TON of people who got pretty big publishing stories about rising prices. Literally everything was going up. I don't think I can even stomach to see how much DOGE has gone up in the past year....So if you were someone writing good news stories--you made people feel good--and you became popular. He's having a tough time now because the markets are becoming bearish. Of course they will recover. But let's not forget all these predictions of the past month--that didn't come true.
haejin i am following you and even i resteem your post on my timeline but to be honest expert @salahuddin2004 is hundred time better than you in market predictions.
https://steemit.com/bitcoin/@salahuddin2004/btc-bullish-bias-in-action-bears-trying-to-take-it-down-but-looking-a-fail-attempt
ive checked some of his work....to be honest...its a mess!
But its just my opinion, not trying to insult anyone!
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haejin TA is like this pile of poo!!
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I’m sitting on a few ppy I’d love to dump for a profit. Hopefully your right :)
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This site is interesting, by their estimation, that could be way off,
DTube currently worth $868,000
https://www.worthofweb.com/website-value/d.tube/
Steemit $97,000,000
https://www.worthofweb.com/website-value/steemit.com/
YouTube $102,650,332,250
https://www.worthofweb.com/website-value/youtube.com/
I do think Steemit could be worth $1T in the future but there's a long way to go just to catch up with YouTube. Hopefully the masses will see the advantages of Steemit and DTube over the traditional sites.
A larger formation of a Cup could really be in progress from a forward discernment perspective as shown by the submicro Elliott Wave counts . Nice update. Thanks for the information.
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Muchas gracias por compartir tus análisis
great post thank you for upgreat us
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There is a strong cup and handle formation happeneing, that I think could lead to three prince rises soon.
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thanks for sharing your inportant information
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Nice...
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