Hive account@haejin, for educational purposes, can you give us a video on GNT/BTC?
I have tried to do an Elliot Wave Analysis on it, but I really couldn't. It is not as straightforward as lots of other charts.
We have the starting point of a huge leg up, after that the correction falls below the starting point of this previous wave. This would be ok, but if you try to count 5 waves on the leg up, they are not really textbook because wave 4 is below wave 1. Plus, the correction looks pretty weird.
The leg up cannot even be a 1 of a higher degree count because the correction falls below the beginning of it. The only explanation I can think of is that the leg up is an "A", the downtrend is "B", and we should start seeing a "C" upwards. If this is true, then the impulsive trend is down, not up. After that "C" we would see lower lows, but I really can't understand how would something like that be possible because such a major correction would put the prices near 0.

This is what I could come up with, but it breaks a lot of rules and truth be told, it doesn't really make sense. (1 day chart, without log)

I would be really grateful for your explanation!