Crypto Analysis | KOIN ABC Correction Completed? by tobetada

hive-167922 · @tobetada · Dec 6 '21

$31.14

Crypto Analysis | KOIN ABC Correction Completed?


## <center> Good day Hiveians!</center>

### <center> Join me in analyzing the crypto markets!</center> 

 
&nbsp;

### Koin has probably finished its ABC correction and is back on track to higher highs

[Just last week I argued for an ABC correction which played out quite well so far.](https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-koin-back-on-track-to-2dollar)


![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/23swfuPWVBKawTNyhiUjU6ym5TfGeGzuKi2qnDJ5DPAQC7dL5otRULsrbeqGeRW99TaD9.png)

As expected price went back to the main support trend line at around 65 cents. This should be the end of this correciton unless Bitcoin turns bearish. But the top of the bull market has not been here yet and should still be off for another ~6 months.

This means that prices will probably reach for higher highs again. How high? Let's have a look.

First, this is the updated chart as of today:

![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/EnynZLvCWY9VTJKEyVpretDSbjaZpw7JBJxr51DhWNeueTRko9AFp6eZguPbm3D5FWG.png)

Looking at the larger picture we can see an upward channel that perfectly fits the 1-2-3-4-5 impulse wave. You might also see that the subwaves are all fractals of each other. Similarly, the bigger movement is a fractal of the smaller ones. If so, we could expect the movement to continue higher as seen in the left ellipse. 

![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/23swg9ne8XU5tR6BByDMRqvWLGoDV4CkWBt4PNWQz727bkMRfaUWEkjTCtBWgLQccf7hE.png)

Here is a possible scenario for KOIN. This is the most bullish case as we would be heading to about 10$ for spring/summer of 2022. It appears that KOIN has developed a tendency for a double top, so I think the top could look something like this:

![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/Enyo2Y7L1SZ6toXSvxZiawMTCgYhYnDDAkNWVbX4zQnQV48QsJhtnXQPkfGpULLeUwM.png)

Notice that price has a potential to fall back to 1-2$ in a bear market which should start in Summer/fall of 2022. 

**Overall, this looks very promising. The perhaps early run up in spring might be caused by the launch of mainnet in Q1 of 2022.**

&nbsp;

---


*As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!*


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👍 tobetada, pob.curator, steemcleaners, marki99, papilloncharity, sbi2, definethedollar, mauromar, offgridlife, dagobert007, josediccus, kubak, dalz, nateaguila, chorock, cryptoandcoffee, arcange, daltono, brofi, kohsamui99, ratel, yeouido.park, coininstant, sagesigma, sacra97, daan, smartvote, pixelfan, oldtimer, wenchebakken, dcityrewards, duwiky, laruche, mythix, pladozero, samubit, gloriaolar, mythix.market, elenasteem, memez, dexpartacus, kaminchan, elon.curator, javiersebastian, mythix.token, engrave, someguy123, samostically, rafaeleff15, juanmiguelsalas, forykw, mttok, thedailysneak, exyle, meanbees, steemitboard, fatman, ninnu, holoferncro, sneakyninja, jadung, walterjay, flsfserkan, dlike, and 77 others

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properties (23)vote details (141)

voter	rshares	pct
rarepepe	4,335,555,640	40%
juanmiguelsalas	10,202,903,645	10%
ratel	111,538,303,338	60%
gerber	3,257,766,469	1%
daan	51,638,090,951	8%
ezzy	10,340,665	1%
arcange	190,872,421,154	2%
coininstant	92,932,728,276	100%
exyle	8,953,680,671	1%
raphaelle	1,639,856,261	2%
djennyfloro	1,338,278,886	10%
someguy123	14,907,852,689	0.5%
oldtimer	38,192,742,405	100%
steemcleaners	1,593,413,805,665	60%
trans-juanmi	969,312,542	10%
walterjay	6,413,254,987	0.35%
steemitboard	8,516,656,282	2%
privex	1,034,037,723	1%
dune69	5,680,808,563	0.8%
iansart	2,069,165,777	1%
forykw	10,127,502,872	0.5%
kilianmiguel	1,912,689,285	10%
joeyarnoldvn	584,506,059	1.68%
dexpartacus	23,401,485,159	100%
offgridlife	496,240,750,307	100%
papilloncharity	1,033,413,195,956	63.7%
stefen	101,339,960	5%
kaminchan	20,769,777,371	24%
felt.buzz	3,200,086,535	0.35%
nicniezgrublem	1,502,682,190	0.8%
pixelfan	43,357,210,167	6%
felander	5,445,276,085	1%
elenasteem	25,491,861,463	100%
yogacoach	989,855,780	1%
fatman	8,401,678,811	2%
mauromar	520,484,506,570	100%
tobetada	2,620,421,052,085	100%
josediccus	330,781,389,827	35%
caladan	5,833,453,364	0.85%
sneakyninja	7,177,649,703	12.37%
daltono	143,053,409,594	7%
memez	24,122,826,001	20%
sacra97	61,700,941,371	40%
chorock	219,678,585,311	30%
philnewton	591,928,755	7.5%
kubak	316,462,283,007	100%
investyourvote	4,790,050,796	10%
upfundme	518,706,601	2.25%
pkocjan	746,451,345	0.8%
samostically	12,717,460,466	100%
akifane	2,841,279,469	100%
dwayne16	1,105,111,289	25%
richatvns	561,339,916	0.5%
reazuliqbal	5,400,425,536	1%
teungkulik	873,233,328	100%
sbi2	842,763,174,914	86.43%
freddio	950,156,901	15%
rollandthomas	2,422,781,853	2%
meanbees	8,697,220,142	10%
steem.services	561,792,622	0.25%
pladozero	31,056,471,105	10%
nateaguila	275,611,135,278	8%
davidesimoncini	3,449,261,038	13%
liable	1,755,551,178	40%
cryptoandcoffee	195,947,479,361	10%
sagesigma	72,708,737,833	20%
linco	1,596,230,734	0.9%
swisswitness	495,857,893	1%
thedailysneak	9,301,593,434	12.37%
dalz	303,403,964,426	50%
smartvote	45,523,728,122	2%
quatro	3,478,906,747	50%
dlike	6,087,106,479	1%
london65	5,475,594,343	50%
engrave	16,871,631,409	0.8%
definethedollar	685,511,814,640	50%
pboulet	536,260,269	0.7%
itegoarcanadei	725,946,191	100%
berthold	1,660,751,242	6%
besheda	1,518,305,597	43%
marki99	1,572,006,489,383	100%
steemimages	4,225,636,735	100%
hedidylan	2,520,162,250	100%
shainemata	690,516,080	1%
campfire	3,031,953,856	100%
rafaeleff15	12,549,151,961	100%
steembake	772,267,567	50%
pepijin	621,416,168	50%
blairbitz	990,682,644	50%
neove	4,630,246,676	100%
cabalen	3,723,563,955	100%
jadung	6,502,615,662	100%
rappler	5,306,781,912	100%
pipa	803,311,424	50%
angelanichole	1,033,487,693	50%
pastoragus	3,809,545,857	100%
src3	3,716,774,296	5%
korle	2,120,385,660	100%
wenchebakken	35,618,204,631	50%
javiersebastian	19,127,613,816	100%
milu-the-dog	482,502,043	1%
steem.leo	1,723,248,046	1%
mindtrap-leo	2,376,771,373	100%
sbi-tokens	4,819,113,915	24.74%
tonimontana.neo	0	1.64%
enison1	550,206,112	100%
sportsbuddy	4,657,626,276	100%
tariqul.bibm	779,827,646	100%
toni.pal	0	1.04%
gloriaolar	26,745,581,812	15.75%
mice-k	50,264,133	1%
fengchao	5,477,506,748	2%
laruche	32,554,850,549	0.7%
flowerbaby	1,791,163,600	7%
kohsamui99	129,249,137,822	50.2%
polish.hive	596,926,193	1%
dcityrewards	35,143,751,278	1%
holoferncro	8,082,796,956	5%
ninnu	8,221,853,200	3.6%
hivecur	0	1%
jelly13	1,933,872,867	0.5%
dagobert007	478,864,610,544	20%
iamfarhad	742,874,389	50%
clifth	656,444,463	50%
gualteramarelo	987,355,298	1%
dcrops	4,831,081,610	0.5%
samubit	26,778,215,850	50%
vlad2423	33,067,763	100%
mythix	31,791,470,201	50%
brofi	138,352,709,579	3%
maori4life	1,132,547,078	100%
mythix.market	26,744,998,776	50%
yeouido.park	104,053,420,709	47%
duwiky	35,095,058,282	50%
stellazinc	837,926,935	10%
mythix.token	17,577,259,547	50%
flsfserkan	6,275,829,903	100%
pob.curator	1,958,078,881,028	100%
pob.macro	698,272,359	100%
elon.curator	19,530,973,200	100%
mttok	9,740,678,103	100%