GEO Coin Expected to Bottom At Any Moment!

in #bitcoin • 7 years ago

SUMMARY

GEO coin is putting in the final touches of a bottom. As usual, in these situations, I very welcome the sudden air pocket type of spike downs that wash out all the weak hands. That's why I have a few buy rungs at reidiculous low levels as an attempt to fish for those low level bites!

The below chart is quite well labeled and was contributed by T. Chittenden, a talented Elliottician! The micro degree wves and subwaves show an impending bottom.

This chart shows the Elliott Wave projection at a higher degree of trend. Wave 5 targets $51.36 or higher!

Here is the GEO/BTC and the pattern is quite similar which is bullish! Elliott Waves place the target at around 0.00370 BTC!!

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.

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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#money #cryptocurrency #blockchain #geo
7 years ago in #bitcoin by
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    • [-]
     7 years ago 

    GeoCoin is very profitable to mine so that is an extra ompf to this setup

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    [-]
     7 years ago 

    Can you please share some info on what it takes to get started mining this one? Thanks!

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    [-]
     7 years ago 

    looks like a good ground opportunity. thanks.

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    [-]
     7 years ago 

    Yup, I believe ALL coins are about to bottom right now and will only go up, some of course won't stay the long-term however.

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      [-]
       7 years ago 

      Lol I thought you said a month ago GEO was going to moon. Might get a bit embarrassing if it goes down much more.

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      [-]
       7 years ago 

      yea sure it did go to the moon!

      [-]
       7 years ago 

      @gniksivart You just don't understand do you?
      Comical Haejin.jpg

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        [-]
         7 years ago 

        I would like to see it hit wave 3!

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        [-]
         7 years ago 

        Thanks a lot for sharing @haejin. Your knowledge of crypto currencies is awesome.Your posts are always educative and inspiring.
        @adedoyinwealth

        [-]
         7 years ago 

        @adedoyinwealth Yeah right, but did you make any profit on them the last 10 days? The long term might be oké but what about the short term. Just keep an eye on BTC. When it goes down 97% goes down with it.

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          [-]
           7 years ago 

          Many of the coins Haejin has predicted to go up into 3rd waves have come down below the supposed 1st wave start point and invalidated his counts

          [-]
           7 years ago 

          A portfolio based on his buy suggestions in the last 3 weeks would have lost 50% of value as of today

          [-]
           7 years ago (edited)

          But the kaboom? It's amazing what happens when you don't have an insanely bullish market to support the claims of wealth.
          Anyone doing anything besides following BTC bouncing several times off the same trend lines and buying and selling accordingly or at least selling out a few days ago after the FUD about Korea and waiting for a proper buy in is clueless.

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            [-]
             7 years ago 

            So you are saying GeoCoin is very profitable to mine? :D @haejin