CND's 5th wave is FAR FROM DONE! 100% More to go!!

CND recently started its major pump (3rd elliot wave) and after a nice correction started its 5th Elliot wave. It is currently undergoing a slight sub correction which creates a fantastic buy opportunity for a great long position.

IF you would like reward me for my analysis on CND after you got some profits, donate here, thanks! (BTC only): 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw

Notes:
- CND has near perfect technical trading at Fib levels (see all Elliot wave counts in my analysis! Also how I got there.)
- Do not forget stop losses and TAKE PROFITS along the way.
- Change your sell price slightly below the target prices. Make sure your order is sold and do not risk losing out.
- I'll update this along the way.

評論:

Beautiful bounce on the projected trend line is a great signal of continuation of the bullish trend.

Due to instability of the market its still recommend to take some profits slightly below the 0.786 FIB level.

評論:

First profits taken, hope you guys listened! Expecting a slight correction outside the trendline.

評論:

Slight correction happening, for those that followed and took profit, you have a free trade now. If you get tapped out the profit will even it out.

Optional: you can lower your stop loss depending on the amount of profit that you have taken, mine is at ~2050.

評論:

It held on 2100 which is great news as it might indicate the end of the correction (C) with the first wave already being completed.

Important: if the wave traces back more than 2100 its a false, and the correction will continue. I'd recommend taking the stop loss here. If it holds, put your seat belt back on and lets go!

評論:

Take profits again on the 0.618!