SUMMARY
Here is Auger (REP/USD) showing what looks to be a very nice bull flag nearing completion. One might actually get very excited by a count like this and see a buying opportunity. Even cast an entry ladder to swing trade.
However, corrections for Altcoins are rarely so quick in time and pattern. Altcoins always require more time to churn the price and consolidate. The below chart shows how what might have initially looked like a bottom has morphed into a very legnthy sideways correction. The price on present day also show that the downward wedge needs to be watched for further sideways movement, especially after a breakout. As crude as the free hand drawn arrow looks, the correction could have much more time to consume. Exactly how much, I don't know. Video has more details!
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