SUMMARY
HShare (HSR) is breaking out in both the HSR/BTC and HSR/ETH pairs! For the HSR/BTC, price has breached the upper line of the triangle and I've included the Elliott Waves that could impulse to 0.0338 BTC or so. The red a,b,c waves were deep but the c waves was like a flash in the pan, but clearly washed out tons of stops.
The HSR/ETH below shows a completed Zig Zag (5,3,5) and thus the bottom is likely complete. The subwaves of the A has five and the C wave also has five subwaves. As results, Zig Zags are often reflective of deep retracements. The impulse white waves are rising and the target is 0.0378 ETH.
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
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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BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
