CINDICATOR (CND) Analysis: Culmination of Pattern & Waves are Signaling a Bullish Breakout in Price!

haejin (87)in #cindicator • 7 years ago

SUMMARY

Back on February 12th, I had posted an analysis on Cindicator (CND) and it was projected that a lower low was most probable an a target of 1,490 Satoshi was made. The below chart was used:

Price has fallen as low as 859 Satoshi and thus resulting in a deeper retrace than projected. A redraw of the correction into a bullish downward symmetrical triangle is quite impressive because of near termination status. It's almost done.

Fibonacci measurement shows a 0.78 correction level. While deep, with Cryptonians are well aware of how deep retracements can be but also how quick the impulse can go vertical. It's nothing new.

A full label of waves, subwaves and pattern is showing a culmination of technical events that is signaling an impending trend reversal. The red ABC correction is a FLAT with subwaves showing the 3,3,5 in precision.

The future price pathway projection shows primary to be the blue Elliott Waves with a target of 2,254 Satoshi. IF price decides to get closer to the Apex; the destination would remain little changed; only the pathway would differ.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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7 years ago in #cindicator by haejin (87)

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sirstacksalot (63) 7 years ago

Never even heard of this coin/token. Must have just been made yesterday.

$1.47

2 votes

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born2crypto (-2)(1) 7 years ago

Another coin that I never heard of? Starting to question why @Haejin is evern promoting things like this??? Is this another #SHIT-COIN? I've been let down before bying a new token/coin that was a ripoff. Why can't haejkin just stick to TOP 10 Crypto's. We know those are all REAL & SAFE for investors. Just my opinion not trying to get anyone made at me or others.

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morseke1 (49) 7 years ago (edited)

Because it's his blog and he writes about what's interesting to him, coins he is following or those with clear patterns appropriate for trading...

This coin happens to be very interesting. I suggest you look at their website before asking if it's a crappy coin. It's in my long term holding, so I'll let you discover it's value in your research.

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1 vote

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kauaiq (34) 7 years ago (edited)

CND is an awesome project and a top 100 coin that been around for awhile. Not sure where you've been but this is a worthy coin to analyze with a 205 million dollar market cap. Coins like this bring massive percentage profits whereas top 10 coins will generally be less because i.e. A billion dollar market requires a billion dollars to double.

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