GAS: Sequential Fractals in Progress

SUMMARY

When one long rounded price formation isn't enough to make a correction longer what happens? The Altcoin makes a second pattern in sequence. That is likely what GAS/BTC is currently patterning out. The first rounded price formation is complete and the second (blue) is in progress and together, the correction timespan now exceeds 6 months in duration...now that's a Hurry Up & Wait execution!

The subwaves tell a more detail projection. The sequential rounded bottom formations are typically easy to track because the second often follows the first in time and price. The blue pattern is shown with the blue rectangle for the basin phase and price as entered that stage. The midpoint is nearly reached and GAS is expected to start impulse building the right wall as shown in the below chart.

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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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