CoinDash (CDT) Can Help Stash the Profits!!!steemCreated with Sketch.

in #coindash6 years ago

SUMMARY

CoinDash (CDT) is providing an opportunity of a correction. This is because the best time to buy is at an end of an a,b,c correction. Why? Because, following a correction, there is trend reversal; or the origination of the original trend and in this case, its UP! I much prefer to trade the /USD pair as it only has on changing variable and that is the demand for the coin while the USD value can be assumed constant.

The chart below shows a Cup & Handle pattern and the handle formation is being coincident with wave 2 and this means a likely 50% retrace of the prior rise. To most, this would equate to a time to panic sell. Not to me...it's time to ready a buy ladder. As the subwaves are counted, one can determine if the correction is nearing completion so as to cast the ladder. Elliott Waves is shown to potentially carry CDT to $0.95 or higher!

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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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 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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Good perspective as always. Thanks!

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Hey all!
I have put together some picks. They are low market cap coins that I believe have great potential for profit. Obviously there is risk and do your own diligence before buying. I am not a financial planner or advisor.
In no particular order:

  1. AirSwap AST (Binance)
  2. Lamden TAU (EtherDelta)
  3. Loopring LPC (Binance)
  4. aelf ELF (Binance)
  5. Luxcoin LUX (Cryptopia)

(Follow me on my new Steemit for daily picks, and have an excellent day!)

Could you please do an update on Qtum?

Thank you Maestro for fresh and useful information!

I will buy on the next dip !! Looks like it is in downtrend right now .

Everyday I'm wait your post to read. thanks

Como todos tus publicaciones muy buenas y profundas. Me puedes recomendar un sitio web para comprar ripple?

thanks for the great post information @haejin

Thanks Haejin, do you use Elliot waves for stocks as well?

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