SUMMARY
In a recent RISE update, I had presented the below chart with a target of $1.07. The Elliott Wave count and target are still valid but it lacked a chart pattern component which is vital for the algorithm to work well.
Below is an updated chart with pattern plus Elliott Waves. The pattern is clearly an a,b,c,d,e triangle and the very last e wave is either complete or near so. I've place purple e?? as a potential but not required. So what does this mean? It's time to LADDER IN! When is the best time to buy? At the terminal end of a correction. At what lifespan is this correction at? Infancy? Middle? Or Terminal? Target remains $1.07 and at current $0.25 price; that's a 328% PROFIT POTENTIAL!!
Here is the RISE/BTC pair. DAMN! Can you say BULLISH??!! As I've written before, when the /USD and /BTC pairs display a near exact bullish pattern and Elliott Wave count do you sell or buy? BUY!!! Target is 0.00020632 BTC....BOOYAH!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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
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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.**