SUMMARY
Spread Coin (SPR) is about soon to offer yet another opportunity. I've consistenly stated that the best time to buy is a the terminal end of a correction. As SPR presented back in November of 2017; it is soon about to do the same; an invitation to buy while sentiment is negative. Back in Nov, sentiment was deadset against SPR...many called it a dead coin. That is expected to repeat.
The below chart shows a second round of impulse driven Elliott Waves and a subsequent abc correction in progress. This is yet another ZigZag.
A closer examination shows subwaves of the final Wave C. The blue waves show that 1,2,3,4 are complete and the final stretch of wae 5 could be at hand. The green circle shows a buy ladder cast zone. No, NEVER empty a wallet into a single coin or trade; that's not a de-risked strategy.
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.
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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