SUMMARY
Zilliqa (ZIL) price climbed while patterning out an upward pointing wedge. Price has breached the lower pattern line and the resulting correction could have an ABC pathway, as shown.
The subwaves show a clear and confirmatory abcde (blue) subwaves that map out the bearish wedge pattern. The ABC is labeled and likely to be a ZigZag (5,3,5). The five subwaves of white A and abc (red) subwaves of white B are clearly posted. Since C waves always have five subwaves, the blue 1,2,3,4,5 provide a projected price pathway. However, recall two things. First, a correction is never quick for Altcoins. Second, this ABC can morph into a more complex wave count as well as pattern.
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