SUMMARY
The below chart of Steem Dollar (SBD) shows that price is tracking the projected future price pathway quite well. Wave one is not even half done. By the time the full five waves are complete, all time new highs should be hit.
The microwaves (blue) show that waves 1 and 2 are complete while 3 is in progress. I'm targeting $6.38 for white wave 1 as shown in below chart. The MACD is expected to cooperate and surge out of its contracting lines. Exciting fireworks are ahead!
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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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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