ETHOS Analysis: Price is Approaching the Critical Proximity to the Apex

in #ethos6 years ago

SUMMARY

The impulse wave up resulted in the now frequent extended, vertical wave 5. This is not the usual case in equities and yet a near everyday occurrence for Cryptos. In the correction, price spiked in wicks downward as far as the prior wave 2 and that is the usual case with an extended 5th occurrence. The symmetrical triangle pattern is also quite uncanny and very usual too for extending the correction laterally, almost as much as a complex type.

Subwaves show that the abcde labels are almost complete with wave e remaining. This wave e will also position the price to the critical proximity of the Apex. These are the conditions of an about to happen breakout. Still, wave e completion could go out to early April.

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can we see an upswing after this

I want to know about of Elliot wave theory.Am I on the right path to know about of Elliot wave theory?
http://www.swingtradesystems.com/ebooks/Elliott-Wave-Theory.pdf

very good articles can be an example for us in steemit, thanks @haejin

Very good writing..nice to know you @haejin.

I have been looking to get some Ethos as well. Will look into it next week sometime. I think next week will be a perfect time to buy.

very good article @haejin and I've voted

What do you think about this analysis?
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28000 thousand followers exactly wooh wooh excited for you @haejin

What do you think about this analysis?
DQmUqdMMUfm3XHBsz9ACRZ9MZiKeQ7eNhP71RsBDCBkEMtY.png

very nice Analysis!
good to know you

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