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SiaCoin (SC): The Extended 5th Wave Will Likely Not Allow a Quick Correction but Probably Force Time and Price Extension by haejin

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· @haejin ·
$35.63
SiaCoin (SC): The Extended 5th Wave Will Likely Not Allow a Quick Correction but Probably Force Time and Price Extension
<center>![](https://steemitimages.com/DQmQK4McrgQrRtfJ1EqYHY2SKK4h43qbTeQrQY1uNdf5HrY/image.png)</center>
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**SUMMARY**

Siacoin (SC) has a historical evidence of a rounded price formation that took not weeks but 6 months, as shown by the below rounded price formation. The current ABC correction also looks about half done as a whole. The bear flag has also been active in generating lower lows.

![](https://steemitimages.com/DQma18ZQiC3LbDa25jw1vsbBrJysZ9eRPVMdJrkJSmyARN4/image.png)

The extended 5th will shown in below chart is quite massive and vertical. This type of move requires quite a bit of time and price churning in an illiquid Altcoin. While the liqudity maturity of SC is better than last year, I believe expecting a quick turnaround might be a bit premature.  The final C wave is also likely to go more sideways as a wxyxz complex type. Likely not until late April that an impulse will onset to build the right wall of the rounded price formation. 
![](https://steemitimages.com/DQmRi4jpW4cZh75QewhY2PPifLjEzfogkMs8wfkAyckxuTV/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)

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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 44 and the total pending payments to posts in these categories was $2246.36. To see the full list of highest paid posts across all accounts categories, [click here](www.steemit.com/steemit/@bitgeek/payout-stats-report-for-26th-march-2018--part-ii). 

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@josepimpo ·
Siacoin SC is interesting beyond its price https://siastats.info/storage_pricing
👍  
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@joshvel ·
Thank you sir @haejin for this info, I am not a fan of siacoin but I think I will buy some and hold till its turnaround...
👍  
👎  
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@dimagogroup ·
FollowBack every day 100%
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@investingtips ·
$0.05
Who cares about siacoin, it's all about the Bitcoin! Here's my multiple time frame analysis: https://steemit.com/bitcoin/@investingtips/bitcoin-multiple-time-frame-analysis
👍  , , , , , ,
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@kabir88 ·
What a load of BS. Why don't you just save yourself time and just post a blank picture or something and then get your mate to vote on it?
👎  
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@mikefromtheuk ·
![Haejin.png](https://ipfs.busy.org/ipfs/QmVjN6m255bFxNdz2YWra5sgXcY7FirUhhhftQZf2QjBm1)
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@mikefromtheuk ·
![Haejin.png](https://ipfs.busy.org/ipfs/QmVjN6m255bFxNdz2YWra5sgXcY7FirUhhhftQZf2QjBm1)
👍  
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vote details (1)
@nunis ·
Thank you mr.@haejin on his post, so I can know about his progress
I like your post
greetings from me @nunis
success will always be with you sir @haejin
please vote it ,,, because I'm new in steemi
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👍  
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vote details (1)
@rollandthomas ·
Price stuck in between weekly demand and weekly supply.  Once we break the $0.02 zone and the $0.03 level (yellow line), buy on a pull back.

![](https://steemitimages.com/DQmWMVySRgdyiutTXeKmbeLCQkkRhnbFeXTmHGATQL8kRWV/image.png)
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@sajib7 ·
$0.08
Very important updates. THANKS  a lot for sharing.
👍  
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@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 130.31 SBD, based on the pending payout at the time the data was extracted.

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properties (22)
authorstatsmonkey
permlinkre-siacoin-sc-the-extended-5th-wave-will-likely-not-allow-a-quick-correction-but-probably-force-time-and-price-extension-20180326t063704
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@thabiggdogg ·
<center>
# Make sure you downvote all of @Haejin's scammy post!!!
![Screenshot (85)_LI.jpg](https://steemitimages.com/DQmapdxEXLycCQn8ukw8qVhyNAZHve44xGktLxhUoGiXtYi/Screenshot%20(85)_LI.jpg)

---

![woo-hoo-made-5aacb4.jpg](https://steemitimages.com/DQmZr1btMH4Mb7SDdXy5UrA5QjTkPXcNDVzonA8f6aeENt9/woo-hoo-made-5aacb4.jpg)

---

# YOU CAN EARN MORE MONEY ON STEEMIT BY DOWNVOTING @HAEJIN
# VISIT @FLAGAWHALE FOR MORE DETAILS

https://media.giphy.com/media/xUOxfausXcO1krF5rW/giphy.gif</center>
👍  
properties (23)
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vote details (1)
@thabiggdogg ·
<center>![DQmQK4McrgQrRtfJ1EqYHY2SKK4h43qbTeQrQY1uNdf5HrY_1680x8400.png](https://steemitimages.com/DQmVg3qHfbeS9uE6vfP9ihJD5xQ2B7U3aNWoSonFiDhJQs2/DQmQK4McrgQrRtfJ1EqYHY2SKK4h43qbTeQrQY1uNdf5HrY_1680x8400.png)</center>

SUMMARY

The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. 
<center>![1.png](https://steemitimages.com/DQmf11HssFwtXqLqQhLPB5zDS77mLRLCGWBSw4SqSY9GmHY/1.png)</center>

This chart shows lines, numbers, & letters. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog.
<center>![2.png](https://steemitimages.com/DQmTHsx8R1syuw7czwNjzjXUGi8vr8av7FHecjGBNTKZgUK/2.png)</center>

The chart below has even more lines, numbers, & letters. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog. The quick brown fox jumps over the lazy dog.
<center>![3.png](https://steemitimages.com/DQmXzPbMddd1CQ6xjWw4yN4aZDySQsuPTe3xCqTvw4pAvdB/3.png)</center>

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?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
<center>![DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif](https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif)<br>
![U5dt8BFauhjGURqh8Rn38guHXV9gmrZ.gif](https://steemitimages.com/DQmT1mdH4WiFZj1ipvLRqEPJ118ExJuiR91v5QW493up5Fg/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ.gif)</center>
👍  
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vote details (1)
@the-resistance ·
re-haejin-siacoin-sc-the-extended-5th-wave-will-likely-not-allow-a-quick-correction-but-probably-force-time-and-price-extension-20180325t223824947z
### WE ARE THE RESISTANCE!

You are bullied by @GrumpyCat on your post.

* @GrumpyCat is flagging innocent people and calling them "collateral damage"!
* @GrumpyCat is trying to impose his rules by using your SP on ones weaker than him!
* @GrumpyCat has rejected all the diplomatic proposals we have brought so far!

@The-Resistance is here to stop this and protect the weaker ones from the tyranny of @GrumpyCat  

Join our bot We-Resist to protect minnows  https://we-resist-bot.herokuapp.com
Come to our house to meet with the community https://discord.gg/qMWCbWR

https://steemitimages.com/256x512/https://steemitimages.com/DQmasLjbAiiPJKeiM6GHZRb9bgghMLQKP4iiUp3jCdkVJyS/image.png
### @GrumpyCat, to your tyranny WE-RESIST

The Resistance
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@tokoya ·
look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game is on it's way to passing the crypto kitties game on the Dapp Radar
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e
https://powh.io/img/portfolio/gif3.gif
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