SUMMARY
Spread Coin (SPR) put in a classice, though a bit spikey wave (iii), five wave impulse as shown in below chart. What seemed at first to be a horizontal a,b,c,d,e consolidation, the pattern has morphed into a downward pointing a,b,c,d,e probable form. If so, the waves a,b,c are complete and d is currently in progress. Once wave e is also placed at arond $0.30, an impulse should take SPR to $0.60 or so. This would also enable lower ladder rungs to be filled. its triangle
This correction could also be a simple a,b,c zig zag as shown below. If so, then the sub waves of the c wave are shown in blue and that all waves are complete except for blue circled wave 5. Impulse from there would confirm the trend change as marked by the white circled waves 1,2,3,4,5. There are always multiple ways to label the waves but this is not important which way as the destination often remains the same.
I have thus lowered my stop accordingly to $0.274.
Below is still the same bigger picture, longer term Elliott Wave count for Spread Coin (SPR):
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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.**