MONERO (XMR) is Carving Out the Triple Threes Complex Correction
SUMMARY
Monero (XMR) is currently 9th in market cap and has come quite a way since my $39 to $46 range recommendation and analysis during late Summer of 2017 where since price rose to 1,321% profit levels. After such a monstrous rise and an impulse five wave up; a requisite correction is in progress. The below chart shows what is a probable triple threes price pathway; though, yes; it can morph into any combination of 36 possibilities. The key during a correction is not to trade the ups and downs but identify the terminal end to gauge the casting of a buy ladder. The laddering technique is thoroughly covered with examples in my tutorials.
Here is a more full composition of subwaves and the likely playout of the yellow Z wave. Each of wxyxz is composed of an abc (zigzag or flat). The Z could also potentially become an abcde triangle. Again, the key is to identify the terminal end of this corrective pattern because that is usually the most ideal time to buy. For now, Z is probably a zigzag of 5,3,5 subwaves.
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.
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
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the accounts: done, bcc and btu COMPLETELY Flagged and NUKED an offer of PEACE by a minnow today!!!!!
https://steemit.com/haejin/@em3/haejin-can-end-this-and-still-be-rich
If you are NOT a monster that hates Steemit, can you please go to the Post, upvote it and at least give a response: "no, thank you" or whatever!
Show Steemit that you are not a monster... Do the right thing. UNDO the CENSORING that the goons DONE, BCC and BTU did! A few of your supporters say you HATE censoring. Prove them right.
$20-$25 was deleted from the Post. A 50% upvote will make this right.
Thanks for helping @Dan
this is spam and has nothing to do with the post. flagged.
maybe it has much to do
THINK
Yes, you are right - it is abuse.
if you want to know more about what I think about this whole issue you can find a comment i made here, is at the bottom, a bit long...
https://steemit.com/steem/@mattjack/censorship-on-steem-platform-proposed-by-witness-bernie-sanders
Yeah, I know that you are from the abuser team.
I also know that everybody gets what he deserves. That's how the Universe works. 🙏
well read my abusive proposal, feel free to troll me there, downvote or leave some feedback...
https://steemit.com/peace/@sublimate/a-agreement-for-this-2018
@sublimate
Very funny post. Sorry, I cannot take it serious.
so... you're saying that it is likely going down? for some reason i'm not following you as clearly as i normally do...
This time he's right:) I made the same TA for Monero couple hours ago!
yowzer. ok, thanks. do you share your analysis too?
Yes, check my blog @andriustovis
There is no reason to go up any time soon, while BTC goes down.
Haejin is Raping the reward pool at 2.133% of the reward fund!
As well, Haejin's predictions are so bad that using a mock portfolio determines just how much money you lose following his stupid advice here
First again! Lol
i am agree bro . great post
@haejin I'm very happy that my analysis helps you to educate in labeling and predicting right direction :) It just can't be a coicidence that i made the same analysis couple hours ago and it matches 100%:)
Maybe he has seen it, maybe not, point is in EW number of counts are not infinte, so it's normal 2 persons sees the same count. It happened to me too though, an analyst posted same chart analyses as on my blog, coincidence or not,what matters is that another person validate your work by copying or having same approach to the chart. The goal is to predict probable price target, not to be 'first to see' :-) That's how I think at least.
But you are right to tell us you did it, and congrats that's a good analysis (as I can judge :-))
Your incredible post and the pictures you post are very inspiring to my mind, please support me and give me a lot of upvote and follow me include your comment, hopefully useful, go ahead and hope you succeed in steemit. by @zayanfaruk
Good update
So far seems spot on to me!