0x Big Picture Looks Very Bullish!!
SUMMARY
0x is not going away anytime soon!This coin has quite a future! From the onset, it was in a corrective mode as shown by the a,b,c red waves. This means that the red C wave requires five subwaves which are shown by the 1,2,3,4,5 blues. Of those, waves 1 and 2 are complete and 3 is about to complete. That would leave waves 4 and 5 to start. Wave 5 could bottom at around $0.03 or so.
This is what I'm discerning with respect to NOT longer time frame but rather larger degrees of trend. It's what I call the Forest view. Once the correction is complete, because this one too shall pass, although for many like a painful kidney stone; the resulting turn can be a sight to behodl (punt intended). Target is $8.49
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.
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I'm just having a hard time getting behind ETH-based projects on a fundamentals-basis. I guess we'll kjust have to wait and see for when Plasma launches. Right now, dApps just don't seem viable on ETH...
ox is good investment?please advice
@kimjongpoo is so sorry! I did not mean to offend poo! Doo doo forgive me??
Ok
I'm a big proponent of ZRX and Bitshares and agree with you on that. I've just uploaded a valuable update post covering STEEM and Steem Dollars for those that are interested:
IMPORTANT Coin Updates 2 (BTC, SBD, GNT, STEEM, XVG) https://steemit.com/bitcoin/@benkalashnikov/important-coin-updates-2-btc-sbd-gnt-steem-xvg
Thanks. Upvoted and followed!
Let's hope steem and steem dollars do take off again man, even though most of the site is spam currently, I dream of a steemit where quality of content is consistently high!
As the crackdown on centralized exchanges continues, decentralized exchanges like 0x are going to thrive. Should be interesting...
You're so nice for commenting on this post. For that, I gave you a vote!
Fundamentally a very strong asset with exactly the same reasoning as per BUDZ82 - "decentralized exchanges like 0x are going to thrive" - EXACTLY that we expect in coming months - flow of deals is turning to this side from Biitrex, Binance and etc. Huge pressure from officials! ...
It is difficult to implement EW for current structure of the price action. Better buy and HODL it for long-term as we do with our portfolio.
thanks for the update
@kimjongpoo is so sorry! I did not mean to offend poo! Doo doo forgive me??
0x veeeeery good project but i think LUXCORE is even better and lowe MC
this poo definitely stinky! smell that? its bullshit.
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
and he only votes on himself!! not you ignorant followers!!
haejin TA is like this pile of poo!!
2 weeks ago Haejin was counting that we were in a wave 3 for XRP and target was $4.11. That was clearly a HUUGE miscount as it is evident now we were in a wave 5. We clearly fell well short of the target. This applies to most of his other calls in last 3 weeks.
I know I’m going to get responses like he doesnt project time and he can’t be right all the time, it’s a game of probabilites. Also, people saying do your own TA and he has a disclaimer it’s not investment advice. But when he is constantly promoting his 80-90% hit rate. Constantly saying he’s a 20+ year veteran. And writing up clickbait titles like “profit TSUNAMI”, “imminent EXPLOSION”. Also, saying how people made huge profits with his tutoring and analysis. What do you think it is going to convince people to do...? it’s essentially screaming out, TRUST ME, and enticing people to follow him. Actions speak louder than words. I can claim i have innocent intentions but do the opposite with my actions. He says he doesn’t intend to do harm but when he doesn’t offer alternate counts, promoting exact number targets and is basically doing everything to try to convince people to follow him through his ACTIONS. That can be very harmful. I believe it’s blatantly harmful to put up exact number targets while at the same time doing things which directly convince people how accurate you are.
In the words of Petyr Baelish, “Sometimes when I try to understand a person's motives, I play a little game. I assume the worst. What's the worst reason they could possibly have for saying what they say and doing what they do? Then I ask myself, "How well does that reason explain what they say and what they do?". Let me point out a little fact that Haejin is currently earning an average of $2.5k a day from his steemit posts at his current rate. His group tutoring with 100 newbies at $150 a pop will earn him $15,000 in 1.5 hrs. Now that’s serious money and serious motivation to gain a larger following.
Moreover, many will say yeah counts can vary and he’s not really wrong, it’s just a matter of time. I’d suggest looking up the oxford definition of wrong and look at his counts in the last 3 weeks. Wrong means incorrect. Going the opposite way. Look at his predictions over the last 3-4 weeks. All of his wave drawings have been completely invalidated from an OBJECTIVE elliot rule set. His counted wave 1s have been crossed by wave 4s. Look at STEEM, XRP, XVG, QTUM, RDD. Let’s just admit his wave count was incorrect. Moreover, other analysts on tradingview were calling for this scenario well before him. It’s pure covering your eyes if you’re going to convince yourself it’s not wrong. Sure, it’ll go up and likely hit his targets from here. But that’s because in a bull market it’s more likely to go up than not. However, to say he was not wrong when all his counts have been invalidated is just pure blindfolding yourself to the plain facts of what happened.
However, I fully expext when it does go up for people to start saying i was wrong “he’s a genius, he was completely right!”. Without looking at how completely revised and invalidated his previous wave counts were. We all forget the losers and promote the winners. Fully expecting a series of KABOOMS with no mention of the times it went the opposite way. This is the definition of confirmation bias.
I couldn't have said it better. What concerns me the most is that to a newbie, this could look like a credible source of information. I mean it's way too easy to say "I can't always be right." when you're awfully wrong and say "See! Follow me for more great advice :D" when you happen to be right.
Disclaimer: I’m just trying to play devil’s advocate. I like Haejin and appreciate the time he has put in to educate newbies. But just trying to point out that we should call a banana a banana and not an orange. Which i feel is what people are doing here with the calls he got wrong. Trying to call a banana an orange.
couldn't agree more. wrong-missed targets are waay too much than few kabooms.
https://www.tradingview.com/chart/BTCUSD/0JqCEc4z-BTCUSD-Possible-Correction-Scenario/
I totally nailed the bitcoin correction.
Please check my tradingview and steemit blog.
@haejin you should use poloniex feed for your analysis because zrx was only recently added to bitfinex... the chart looks different and maybe your count also... it is nevertheless bullish but i would like to see your analysis based on the poloniex chart
From CMC it seems 0x hasn't dropped below 1$. I wonder how you see it going to 0.03 from 1 dollar. Is it possible to increase the quality on the charts you share so we can actually read what's on them?
Regards
Lazie
It's black Friday in the cryptoverse and now is the time to get all the big sales.
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