SUMMARY
RCoin (RCN) is nearly complete, if not already done with its corrective phase. It's time to awake this sleeping Altcoin! Below is RCN/BTC pair and the correction is counted in multiple ways and all just about show the correction almost done, if not already! The subwaves of the final red c is pretty much in so expect an impulse anytime! Target is 0.0002940 BTC
Here is the RCN/ETH pair. I'm forward discerning a rounding bottom and a handle for Cup & Handle pattern. The Elliott Waves are aligned so that the handle will be wave 4 so most likely it won't be a deep retrace for the handle formation. Target is 0.000767 ETH!
Here is the RCN/BNB pair and the downward pointing bullish symmetrical triangle is uncanny! I've counted the final sub waves of wave c and so there is high confidence that the correction is complete. The first target is 0.1426 BNB but higher target at 1.65 BNB also resides above!
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.**