Petro Dollar (XPD): Is the Breakout Genuine and Decisive?
This is purely a technical analysis without any regard to politics. XPD has shown price breaking out of a downward symmetrical triangle. This breakout looks to be genuine and now to make it decisive, price needs to remain outside the triangle. This is usually accomplished by putting the first set of impulse waves.
The microwave count shows waves 1,2 and 3 complete and 4 is in the works. Exactly which of the 36 pattern or wave sequence option wave 4 will take is unclear for now; however, the impulse would complete with a wave 5 up. Often this wave 5 finishes higher than the starting point of the wedge.
Volume spike and increase was accompanied by the breakout activity and this is good to see. Sustainability of a breakout is indicated by volume. One should also set an expectation of higher than normal volatility for XPD as it is quite immatrue in liquidity.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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haejin TA is like this pile of poo!!
Haejin I know you don't do fundamentals- but this isn't the Venuzuelean Petro dollar- this is a coin thats been dead for years with no devs and no website. Lol to anyone who bought this dead coin, hope you made some money tho!
I thought it was venezualan petro dollar for a second lol. thanks for sharing
haejin TA is like this pile of poo!!
thanks for about Petro Dollar (XPD) update news @haejin
haejin TA is like this pile of poo!!
Hello Haejin's followers, I know a lot of you are new here and still trying to figure things out. I wrote a post to explain how the reputation score works. Feel free to check it out. No need to upvote, just read it so that you know. https://steemit.com/reputation/@moeknows/some-interesting-facts-about-reputation-on-steemit
haejin TA is like this pile of poo!!
Let’s say you can look past the political issues. IF YOU ARE A US CITIZEN OR RESIDENT YOU LIKELY WILL BE FOUND TO BE BREAKING US SANCTIONS. This is in all caps because this is a serious serious deal. It’s why no US companies will trade with Cuba or North Korea. Seriously it’s not worth the risk.
Bullshit aside PLEASE add this to your post @haejin. You don’t need to credit me or anything just paste this warning to the top of your post.
Dude, really? I'm from argentina, so sad to read that goverment santion your ideas, in what looks like, a severe way.
What do you mean?
I would take as a direct treathen to my free will if In this case scenario.
Why so many similar comments here? Thank you very much @haejin for the information.
Spammers and hecklers and trolls.
Simply mute them and you'll never see their spam!
Thank you very much for the information. I am new at this. From what I saw, you have a lot of people against it. What is this about?. I do not understand the "wars" that take place here.
That's a lot o' spam!
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what @Haejin said, I'm starting a rebellion, wanna join?
That's a lot o' spam!
please everyone dont buy this shit.
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Hi haejin! it's good for us . slut boss for this
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haejin TA is like this pile of poo!!
