SUMMARY
QTUM is completing an a,b,c,d,e triangle pattern. As I've said before, when in doubt as to which pattern the Altcoin is working on, most likely it'll be a triangle! This a,b,c,d,e pattern is a fractal of the first a,b,c,d,e. Look how price exploded out of the first fractal. I believe that can be used as an indicator to expect how price will EXPLODE out of the current a,b,c,d,e triangle. My target is $150.79 or HIGHER!!
Here is the QTUM/BTC pari and it has decisively broken out of the long drawn out bullish, downward pointing symmetrical triangle! The 0.00629 BTC target remains solid and highly likely to be exceeded!!
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?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**