SUMMARY
Cindicator (CND/BTC) is not done rising as had been discussed in a previous post, 4 long days ago. CND/BTC rise is coupled with the recent decline in BTC which has been starting bullish setups for many /BTC pairs.
The below chart shows that the impulse waves continue given how waves 1,2,3 and 4 are complete. Wave 5 is next and the target is set to 4,405 Satoshi or so. The MACD lines are already curving and curling upwards. This should bode well and help lift the price to its target.
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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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