SUMMARY
I've consistently stated that time is not a reflection of sentiment and so is very difficult to project. It however, obviously interacts with price. I've also stated the "Hurry Up & Wait" syndrome of the Altcoins which means that while the impulse waves are very quick, the corrections could take much longer.
If the red wave A represented the completion of the correction, it would seem overly quick for a correction. Thus, I believe this could be a B wave bounce and a lower low could be likely.
The below chart is of original markings. Target was missed by about $8.
Legal Disclaimer: 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.
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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