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SUMMARY
IF you are well diversified and hopefully had not emptied your wallet into only SPR when it was recommended, the time it's taking for it to start moving should not be bothering you.
This chart updates the SPR/USD and forward discernment shows a Cup & Handle formation. The handle would coincide with wave 2 formation.
Spread Coin (SPR/BTC) is lagging the SPR/USD but the below shows a forward discerned Cup & Handle as well!
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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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.**
Thank you, please update EOS...did not correct to 1.85-2.20 as you have predicted from Wave 5. Thanks.
I am looking for the EOS, too :)
I'm not Haejin but here's what I'm currently envisioning for EOS. Have you done the same? It's all free on TradingView.
What about this one:
Yes, could very well be. Let's see what price reveals...
Wave 4 cannot be lower than top of wave 1
@haejin you surely have taught me discipline and patience.....Also jusy got my book today...Elliot Wave Principle😇
you let me take a different look at the market, thank you
Your information is helping me learn and to also to be emotionally calm as a trader! Thank you kind Sir- wishing you Massive profits
Good stuff. Patiently waiting for those MASSIVE PROFITS on this one, take your time SPR I can wait......
Volume is really low
I'm not use to it. $139,551 USD, 12.09 BTC
But market cap for Spread Coin is low does that mean when I try to sell it on Bittrex there won't be much buyers?
adamyonas...the market cap isn't what you're looking for in this scenario...it's the volume..if there is not a sufficient enough volume people have a hard time getting their orders filled at the prices they desire...it's debatable in the community on what is good volume but many would agree 500,000 is fair..hope this helps
thanks for the answer man <3 much love and respect
Thanks as always @Haejin...Any such words of encouragement for patient (but sad) Qtum holders lol:)?
Got frustrated and bored of it. Sold off a few weeks back. Probably will revisit it again..
Thank you!!
What's wrong with ZEC?
While all coins are running ZEC is being the bad kid on the block.
Anyone knows why?