SUMMARY
These are the types of gift horses that you don't want to stare at the mouth! Here is an extremely bullish BTS/BTC Elliott Wave count showing that blue circled waves i,ii,iii,iv,v placed a very nice impulse and wave v was very extended. This most usually leads to a very deep retracement and it sure did! The requisite red a,b,c three wave retracement went as deep as the level of blue circled wave ii. But, I think the correction will shortly, if not already, be done!
If the red a,b,c correction is complete, the first sign of a trend change will be for price to impulse upwards. Look at how BTS is basing from mid October to now...it's creating its launch pad, IMHO. The rocket fuel will be pent up bulls coming out to release all its buy energy! What? Bittrex delisted BTS? No Matter! What? Volume is too thin? Not for long! So, let's see if an impulsive break....no surge...no blast off to the upwards direction occurs. Hold tight...anytime now.....be ready. You should be laddered in with a few more lower rungs in place.
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
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.**