parkhyunsung

parkhyunsung

Hello guys, Bitcoin has fallen drastically after the fail in rally. Lot of annalists expected in a rally of bitcoin however, bitcoin failed with an indication showing of weakening buys. Market could always change and play against you so it is always important to put a stop loss. Things to consider: 1.Bitcoin could retrace back to the common retrace back...

parkhyunsung Updated 

Hello guys, LTC started down trending since around 8th November 2018 and ended wave (5) around 25th November 2018. The zigzag formation helped the Head and Shoulders to play out and now seems like it is back testing the neckline of it. Zigzag correction wave to be valid: 1. B wave needs to retrace between 0.618~0.886 of X to A. 2. C to retrace to...

parkhyunsung Updated 

Hello Guys, BCH(Bitcoin Cash ABC) has started its downtrend wave since around 21st December 2018 and expected wave (5) to end soon with the ascending triangle pattern . The triangle pattern tends to break upward after playing 5 waves and now we might be in a potential 5th wave of the triangular pattern. If it were to hit the ceiling of the pattern that is...

parkhyunsung Updated 

Hello guys, XLM started its wave around November 23rd 2018 and finally reached wave (5) December 15th. Zigzag correction wave to be valid: 1. B wave needs to retrace between 0.786~0.886 of X to A. 2. C to retrace to 1.12~1.272 of B of A. It is now on 'potential' corrective pattern. Assuming that the wave is playing a zigzag correction pattern, B...