SUMMARY
Augur (REP) is very interesting. What at first looks like wild swings, drawing lines under the price bars clarifies a pattern. The first Cup & Handle (white) has led to a second Cup & Handle (blue). The handle formation for the second could take a while. Never forget about the "Hurry Up & Wait" syndrome of Alts. Since they hurry the impulse waves, their corrective waves often take 2x or 3x longer. Once handle formation is complete, the blue Elliott Waves should take price to $57.29 or higher!!
The REP/BTC pair has completed a classic, vintage Zig Zag a,b,c correction. How to know when the correction is complete? You count the subwaves. I've laid out the five sub waves for red wave a and the same for wave c. Look how nicely the five subewaves of wave c just fit into place. This give high confidend that the bottom is in or will be at any moment. I expect an impulse set of waves to take prices to 0.018 BTC or higher!
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: 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.**