SUMMARY

This chart shows a doublicious set of wedge fractals for Decred (DCR/BTC). First, the blue box contains a large and smaller downward pointing wedge. What happened to the price after the second wedge? A whopping 1,788% vertical move up! Now, take a look at the white box. Two wedges, a large and a smaller sized. Look at the price breaking out! What do you think might happen?

I believe DCR/BTC is about to breakout to perhaps staggering levels; IF this fractal pattern is correct. The white arrow could only be showing 1/3 of the potential move. The MACD is fully coiled and hasn't broken out yet while the price has! Is this the time to be taking selling or buying actions?

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?