SUMMARY
Never forget the "Hurry Up & Wait" syndrome of cryptos! This means that they hurry the impulse waves and then become very slow on the corrections. Btishares is now correcting and it'll probably take its time! The below chart shows the overal price pathwway to be intact.
The below is a 1hour chart and from the looks of it, a bull flag could be forming and the whole day or so could be spent in completing it. There is a chance that price could touch the lower white trend line. It would be BTFD! The next target is $0.21
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
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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.**