SUMMARY
EXPANSE (EXP/BTC) broke out of a long and extended downward pointing symmetrical triangle. It did so in an impulsive way with a well distinguishable 1,2,3,4,5 (white). The current correction is taking the form of a triangle as labeled. The blue waves provide the primary count pathway towards 0.00109 BTC. IF the correction becomes a simple flat with an ABC (white); the pathway and target is not expected to differ significantly.
Here is a closer look at the triangle pattern and the breakout from it likely to occur today. This would initiate the next round of impulse waves upwards.
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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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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