SUMMARY
How would you like to book 278% in a month? Below is the chart I had posted on WhiteCoin (XWC) analysis when it was $0.026 and since then, price surged as high as $0.10
Elliott Waves states that after five impulse waves, there is a requisite a,b,c correction. The below chart shows that either five waves are in and complete or are about to shortly. Now is NOT the time to buying XWC, but rather time to be taking profit SELL actions.
Once, if not yet already complete, white wave 5 completes, there will be a sizable correction as shown by the purple a,b,c waves. When is the best time to ladder out and take profits? NOW! The blue subwaves are showing that the very last wave 5 of white 5 is in progress and the most ideal time to sell.
Gratefully and humbly take your profits! You take your profits not out of fear of losing your profits, not out of greed, but with thankfulness and content of heart. Be ready to ladder back in at the terminal end of the coming a,b,c correction.
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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Legal Mumbo Jumbo: 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.**