iafanasyev

Ending of triple Zigzag on Shiden?

Long
iafanasyev Updated   
KRAKEN:SDNUSD   SDN
Well, now we have long and sharp correction from 8$ level looking like triple zigzag.
If wave C will be equal to A in wave Z we can predict bottom at 2.590$, but it could be higher or lower.
This is fresh new coin, so we can't see support levels below 3$, which made it very hard to predict.
Even if my count is wrong (not triple zigzag, but wave A for example), Shiden should take level of 6$ in near future (maybe it will be only correction in downtrend or new uptrend movement).
But if Shiden will pump, we could see impressive high (on Kraken chart we can see level in 50$).
Trade active:
Okey, 2.590$ target reached.
Looks like we going deeper to 2.3$
Comment:
Despite price bounce from 2.575$ it's still may go to 2.3$ or even lower, trade careful!
Trade active:
SDN going to take 2.3$ level, it seems like nothing could stop it
Comment:
2.3$ taken.
If SDN didn't go up from this level and break 2.3$ support, it can go much deeper, first to 1.75$, then to 1$. This will mean that my count is wrong.
Comment:
Shiden failed. 80% down from top. Now only miracle can save this coin. Buyers are weak and sellers can easily push it down.
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