SUMMARY
Here is a very young ICO with a very nice impulse sequence in progress. Elliott Waves shows that motives run at all delgrees of trend all at the same time. This means that regardless of a time span; there's an Elliott Wave motive in progress; so at any degree of trend the five wave up and three wave retrace fractal can be found.
Since blue waves 1,2,3 and 4 seem complete; wave 5 is next and it should take prices to new highs as shown in the below chart.
The subwaves of wave 5 show that white wave 1 could reach a bit higher but likely white wave 2 should take place. The MACD also shows that it is emerging from a bit of oversold state. Overall, higher highs are expected.
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