SUMMARY
NOTE: An Exciting Announcement will be coming out in a few weeks from ! Stay tuned so as to NOT miss it!
Thus far, I've had Trolls hound me incessantly; I've had haters send hate emails and just the nastiest spams and memes. Was I phased? In a word, NO! I actually used these as an overall sentiment indicator and it has been very effective. I'm actually grateful for the indicator. Why? The more hate words, memes and emails I received; I realized the closer the bottom was. I even had active clients, who apparently had not yet developed emotional maturity, turn on me either masked behind a Steemit username or outright. I only have gratitude to your contribution to the "indicator" and I truly say this without malice and only charity.
Bitcoin (BTC) below put in a beautiful bull wick. Does this mean that Bitcoin can't go lower? NO! Remember that Technical Analysis is NOT based on certainty but probability. Price is rising and let's see if a trend reversal takes place. How to know? Well, ask yourself, is this the time to be taking SELLING or BUYING actions? Hmmm, that decision must be self made!
On the below chart, where do you think probability leans towards? Up or Down? The White pathway or the Blue?
Here is Steem Dollar (SBD). Do you realize how RARE SBD is compared to STEEM? NO? Learn more about it! Have you noticed that your posts are being paid more by STEEM than ever before? SBD is protected by an inbred scarcity principle. There is a "Not Enoughness" principle working on SBD! So, perhaps, SBD demand could outpace supply and generate 9x that of STEEM? If you have 1k SBD or 1 Mil SBD spread across many Steemit accounts; that'll potentially give you 9k to 9 Million STEEM. I only have one word...DAMN! No matter how SBD gets pegged or choked by Steemit Inc.; IF Demand outstrips control measures.....there is no control!
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
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