WINGS Technical Analysis Shows Corrective Price Movement is Sideways by haejin

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· @haejin · (edited)
$29.42
WINGS Technical Analysis Shows Corrective Price Movement is Sideways
<center>![](https://steemitimages.com/DQmQK4McrgQrRtfJ1EqYHY2SKK4h43qbTeQrQY1uNdf5HrY/image.png)</center>
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**SUMMARY**

This blog has consisently said to almost always expect an extended correction from Altcoins given their nature to rush the impulse waves while making the subsequent retracement seem like watching paint dry or the toaster to finish toasting. When price goes sideways in any correction, it should give alot of information regarding upcoming patterns and Elliott Waves.  The below chart shows the first downward wedge and it would be quite common to ask if that could represent the bottom of the correction. Given how the Hurry Up & Wait syndrome is prevalent across the Altcoins, suspicion should be the undertone of any conclusion that the correction bottom could be in. This is why alternate scenario counts come into play.

![](https://steemitimages.com/DQmPcCYsadA3WUwK1bbue6tSMP1jjgo1TKiWbv4dkaniGrf/image.png)

The ABC can easily be seen as the finishing markings of this correction and while still likely even as cofirmed by the subwaves, the length of the correction is a bit short in time.
![](https://steemitimages.com/DQmREKhxoSb4RgnojgjLY3bVmT6nQpmre8n7LCXg7zSx1FH/image.png)

The alternate count shows that the whole sideways movement could be labeled as WXYXZ complex combination. This means that the Z wave is likely not yet complete and unless price starts impulsing up like asap and start making higher highs; a lower low could be targeted.
![](https://steemitimages.com/DQmYqJ2kdBcRX48xjex9fLNSW7px3TNpypKL2MxDNgs9HNQ/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!!
Follow me on [StockTwits](https://stocktwits.com/HaejinCrypto) for UpDates!!
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<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



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@shaheerbari · (edited)
Hoping for a good bull run and a good profit after the blood bath in the market.
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@emmykeys01 ·
Nice update. Thanks for sharing @haejin
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@steemtales ·
![knewit.jpeg](https://steemitimages.com/DQmTB9maNrTrCTzNuf6c4vAmpQz9zzoWcjT2GJkNbuwJKvk/knewit.jpeg)
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@thabiggdogg · (edited)
$0.11
>It's only meant for use as informative or entertainment purposes. 

@Haejin You do not provide any entertainment. I brought you some.

![Censor.gif](https://steemitimages.com/DQmeBZwikJfB61mcoS6tKjMVnfzAree4hhhauepNLSUh24K/Censor.gif)
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vote details (5)
@nihan ·
$0.06
# Warning: #

@haejin is a rewards pool rappist.



@haejin's 95% rewards comes from
 - @ranchorelaxo
 - self votes
 - @starjunu (Most probably @starjunu and @haejin same person)
And only 5% comes from his followers (26.5K).
👍  
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@crypto.piotr ·
Im quite new and Im not sure what does it mean.
Could you please explain? I understand that most rewards comes from those few accounts and therefore rewards pool is bigger and other voters can also benefit more. Correct? 

And self-votes seem to be something everyone does and it's completly okey (otherwise it would not be allowed by steeemit).
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@moeknows · (edited)
> I understand that most rewards comes from those few accounts and therefore rewards pool is bigger and other voters can also benefit more. Correct?

No, the reward pool grows at a finite amount for each group of blocks that are produced. Neither haejin nor anybody else creates more rewards through content. 

It all comes down to the worth of a post. If a vote for yourself means your post is valued at .08, it is doubtful that many people will have a problem with it as long as there is some substance and effort put forth. If your self vote means your post is worth $350, people will look at that post a lot more closely in order to ascertain its worth.  If you self vote every post to 350 and post multiple times a day, people will look even closer at not only your posts but your whole account and associations, along with your motives. 

In any case, on this platform, the account holders themselves, as individuals, are responsible for determining post worth, and when accounts that upvote your post in robotic fashion to such high numbers (as those listed do) you can expect some opposition to that.
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@cgolano ·
@haejin, thanks for help the beginners!
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@thabiggdogg ·
>It's only meant for use as informative or entertainment purposes. 

@Haejin You do not provide any entertainment. I brought you some.

https://www.youtube.com/watch?v=r7ZaNXCXeks
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@zamanhuri14 ·
thanks for the much needed information.
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@susantabinod ·
Hoping a good positive treand
👍  ,
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@anzet ·
Your article is well written, and I will continue to pay attention to you. I want to ask you how to do this steemit? What do you do to make your steemit get such a high income? I sincerely invite you to learn. We can make good friends, are here to help each other. Look forward to your reply, thank you!
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@ingus4321 ·
very efficient post, lots of messages and good form. I'm waiting for the next posts, and this time I'm going to swim :)

![woman-2794668_1280.jpg](https://steemitimages.com/DQmQZMeBxBHy2hZFDCK8TfR8DidGGAi8ZypJLndxthTq9gW/woman-2794668_1280.jpg)
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@haejinsucks ·
Dear @haejin<br><br>You have been flagged via the flag-a-bitch app. The reason is you have been found to be <a href="https://steemit.com/haejin/@haejinsucks/comparrison-of-reward-fund-used-by-different-people-in-the-flagging-war">Raping the reward pool</a> with a rate of around 2.133% of the reward fund. To add onto this, your TA's are so horrible that a <a href="https://steemit.com/haejin/@haejinsucks/a-haejin-mock-portfolio">simple check</a> with a mock portfolio will provide a negative value.<br><br>The flag-a-bitch app is being used on you because of your consistent blattant abuse of steemit through means of: abusive self-upvoting, collusive coting groups, and disagreement on rewards. Since we deem that you have been damaging the steem economy, we flag you.<br><br>If you would like to help us out with our quest to fight abuse you can check out our post <a href="https://steemit.com/flagabitch/@haejinsucks/flag-a-bitch-app">here</a>.<br>Thank you!
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@bitgeek ·
comment
Congratulations @haejin, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 58 and the total pending payments to posts in these categories was $3520.64. To see the full list of highest paid posts across all accounts categories, [click here](www.steemit.com/steemit/@bitgeek/payout-stats-report-for-12th-march-2018--part-i). 

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vote details (1)
@statsmonkey ·
comment
Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 162.07 SBD, based on the pending payout at the time the data was extracted.

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@soyjoy ·
haejin looks like you copy / pasted some content of this post from this article:<br><a href="http://bit.ly/2FImq5X
" >Facebook Has Permanently Locked Me Out Of My Account!</a><br>Please consider to avoid plagiarism!<br>
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vote details (1)
@nihan ·
# Who is haejin? #
 - @haejin is a rewards pool rappist.
 - He is pillaging in this platform.
 - He never helps his followers or following. He didn't waste a single weight voting power for his followers and following.
He is following more than 300 great person and reading their valuable blog regularly but he never upvote them.
 - He have 26.6k followers but  They are all new and inexperienced.

# Why we call him rewards pool rappist? #
 - He do not up-vote anything other than his own posts.
 - He intentionally produce 10 piece of "content" per day to optimize his selfishness.
 - All of his SP and votes come from a single account @RanchoRelaxo.

# Now I am showing a little evidence. #
![PicsArt_03-13-03.34.49.jpg](https://steemitimages.com/DQmXGBF6Mm1i9zgG9tjbBrNAbgtTfRTvPx8c9EdMKfZ2VzP/PicsArt_03-13-03.34.49.jpg)
 - He got 173 up-votes and earn $156 rewards but $154 comes from @ranchorelaxo.
![Screenshot_2018-03-13-03-38-57-1.png](https://steemitimages.com/DQmb3mz3uY2EnSr6yqZaGHVTMMWGEZBpx22B534GGgA8XqB/Screenshot_2018-03-13-03-38-57-1.png)
 - He used 83% self votes. It's normally 96%, Currently he flagging.
 - His goons flagging us continuously.

# Why we are flagging him. Is it legal?  #
 - Yes, We're legitimately flaging him. Look at the picture → ![PicsArt_03-13-02.13.28.jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1520886059/bckmjvwlm3yclkchmem8.jpg)
# When do we stop flagging? #
 - We will stop flagging him if he stop raping rewards.
###### If you want to know more then search by #rewardpoolrape. ######
I will advise you to read two posts:
- https://busy.org/@hendrix22/haejin-the-steemit-donkey-has-requested-my-reasoning-for-my-flags 
 - https://busy.org/@transisto/open-letter-to-ranchorelaxo-and-haejin.



 
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@yunikamar ·
😊
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