Waltcoin Chain (WTC) Analysis: An Expanded Flat Combination Could Bring in $43.43 (144% Profit Potential)
SUMMARY
Waltcoinchain (WTC)'s correction can be encased into a symmetrical triangle labeled with abcde waves. IF this pattern is correct, then waves abcd seem complete with wave e still pending. However, once the full five waves are placed; breakout is to be expected. Two rounds of bull wicks can also be identified.
The blue circled abc waves show how this correction can be a corrective flat where the b wave is higher than the origin of blue wave a. Flats are often indicative of a correction that is intermediate in the progression of a trend. IF so, then a breakout would lead to higher highs and likely all time new highs.
Elliott Waves (white impulse) are drawn to project a probable future price pathway. The target could be $43.43 once wave 5 is placed.
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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Being added to Exodus should supply a little bounce. We'll see if it can sustain this rally.
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TO AVOID FURTHER FURY I HAVE REMOVE MY VOTE FROM THAT POST, I DO NOT HAVE INTEREST YOUR WAR, I NEVER DISTURBED YOU AND I HAVE NEVER FLAGGED YOU.
PLEASE, I KNOW YOU CAN ASK IT, REMOVE THE DOWNVOTE FROM MY POST! MY POST IS IN FAVOR OF STEEMIT AND IF I HAVE USED THE VOTE BOTS IT IS ONLY TO SHARE MY IDEA. THIS I HAD ANNOUNCED IN THE POST... SO YOUR FRIENDS HAVE DAMAGING ME WITHOUT REASON.
the post in question: https://steemit.com/ita/@stea90/start-mission-power-up-selling-my-cryptocurrencies-to-invest-in-steemit
FOR COURTESY I NEVER MADE ANYTHING AGAINST YOU, REMOVE THE DOWNVOTE FROM THIS POST. THANK YOU.
Thanks, very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
Thanks, very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
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WOW This is getting out of control.
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guys, and girls, i am not here to be a troll, intimidate you, or hate you. Community is on dislike of the whalebot ranchorelaxo, i do not think is really about @haejin.
pardon the off-topic comment…
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The valentine's contest on Twitter still has me weak. LoL
What do you mean? I do not undertand. Explain me.
@born2crypto they had a 2x WTC giveaway on twitter, and then the official walton twitter replied posing as a contestant saying how excited they were they won and how great WTC is. Seems as if the contest was a fake and the "winners" were actually WTC fake accounts posing as regular people, and so one of those people forgot to switch accounts.
Their official explanation is that a WTC member won and forgot to sign out, even though it took them over a day to come up with that explanation and they were banning people on their telegram and twitter for asking what happened. the odds of a WTC employee winning a global contest AND forgetting to switch twitter accounts is pretty unlikely. Not to mention they would have to have access to walton's main twitter account and I imagine very few employees do. Not impossible, but extremely unlikely and raises red flags about WTCs credibility
@haejin TA doesn't usually take in to account external events like that. Maybe that is all built in to the chart's patterns anyways
WOW are you are saying this is another SCAM-Coin? It's hard to keep track of all of these because of so many new coins coming out.
not necessarily, their explanation could be completely true. it seems questionable to me though. this is why they always say DYOR (do your own research) and decide for yourself
Should we buy it now? If the prediction will happen then we can make better profit.
You'd be better off buying ripple, at least it has a bright future and a usage in everyday's life.
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So what you guys trying to say in real sense? That market will crash the more?