Dragon Chain (DRGN): The Right Wall Build Phase by haejin

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· @haejin ·
$206.56
Dragon Chain (DRGN): The Right Wall Build Phase
<center>![](https://steemitimages.com/DQmWPk9pGawtxkJQ11KtjmsDaJ4Nnz84ggyRCdVJsq6f8TZ/image.png)</center>
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**SUMMARY**

DragonChain (DRGN/USD) has declined in an ABC (blue). The subwaves show that it's likely an ABC flat (3,3,5) type. The pattern also shows a rounded price formation in development and price has exited the basin phase which usually is indicated by sideways and overlapping price moves. 

![](https://steemitimages.com/DQmbdDmTzbzXYJHyBF3cBMZ1WfJ7XLPsBEtqUX6sXVRGR4h/image.png)

The recent rise was also in an impulse five waves (white). The current correction is in overlapping 3s and so best labeled with wxyxz sequence which also represents the subwaves of the higher degree wave 2. Once complete, if not already, the wave 3 white should onset and allow much higher highs and allow the right wall build of the rounded price formation to start.
![](https://steemitimages.com/DQmUdmwBfMA7jhzbagGcP5JMkP1mxRAe591ZueutT1D4yKs/image.png)

**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. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
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<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



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πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 312 others
πŸ‘Ž  , , , , , , , , , , , , , , , , , , , , ,
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@lyndsaybowes ·
$0.22
![Screen Shot 2018-05-13 at 10.09.38 PM.png](https://steemitimages.com/DQman4nqHvh5of7URyRx2xnhkvecz2Y4SSdqsvJ7AnRVzYo/Screen%20Shot%202018-05-13%20at%2010.09.38%20PM.png)

## <center>How does it feel?
https://youtu.be/IwOfCgkyEj0</center>
πŸ‘  , , , , ,
πŸ‘Ž  
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@redhearted ·
Build on a scalable serverless platform with built-in protection of business data using ... Leverage an ecosystem of pre-built library smart contracts, qualified vendors, specialized experts, and incubated projects
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@lyndsaybowes ·
$0.03
This haejin post has been downvoted, it is a @flagtarget.

READ: [Resteeming @haejin's 8th 9th and 10th post of the day as target to be flagged.](https://steemit.com/abuse/@flagtarget/resteems-haejin-s-8th-9th-and-10th-post-of-the-day-as-target-to-be-flagged)  

They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the *potential* rewards from those three.  

## Then @flagfund pays "The Braves" who flag those 3 posts every day, as you can see their posts are doing quite well.  

![Screen Shot 2018-04-28 at 9.28.33 PM.png](https://steemitimages.com/DQma99ViJcxuBcMaHLhWaEfc1QuzsXmNeLZQM3gvGHXZPJb/Screen%20Shot%202018-04-28%20at%209.28.33%20PM.png)

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πŸ‘  
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@cashunter ·
brief postπŸ‘
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@muzawir85 ·
thank your brother for visiting my article, sorry if there I write your name, I just miss you like sister missed brother or like child miss father
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@skytoin ·
thanks

I just noticed one big pattern for many new coins, it gets to the  very high point  fast and then slowly goes down
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@limek ·
The big cup chart pattern! And the analysis hints the oversell scenario.
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@cannonball6 ·
Palm Beach Confidential (Teeka Tiwari) has this as a buy up to $5.
πŸ‘  
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@talking-crypto ·
Thanks for the info!!! I have been looking at this, but never bought anything!!!
πŸ‘  
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@memereview ·
nice graph info
πŸ‘  
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@mischievousness ·
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