SUMMARY
My blog had recommended DigiByte (DGB) back in August of 2017 when it was barely above $0.01. As DGB has rise as high as $0.149 or nearly 1,300% profit; it is doing a healthy correction. Charting corrections are quite difficult as there are 36 possible combinations. So, that means a particular pathway has about 1/36 or about 2.7% chance of being correct.
The below chart shows the current fractal of the two symmetrical triangles; both displaying a,b,d,e wave patterns. IF so, then the second symmetrical triangle could be done or complete at any time. This makes it exciting!
I often like to utilize fractals. The cryptosphere is the purest sentiment reflection out there; far more than the equities which is riddled with PPT and HTF manipulations. Therefore, fractals have more reliability for Cryptos. The below chart shows fractals in the peaks or the number of them. So, without utilizing the triangle pattern, this fractal of peaks is yet another way of looking at the same pathway in a different angle; with both having the same destinations....UP!
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 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.**