For this chart to be valid, I think we'd have to see another BTG-driven debacle after QTUM's next peak. This one simply cloned the evident 3-drives
pattern flowing in to Elliott
Correction wave off of the previous peak onto the next pitchfork
/Fib-extrapolated Elliott wave
peak and tacking the corrective waves on the end of the 2nd 3-drives
pattern to yield an ABCD
extension. In actuality, I don't think that 3-drives
section will play into the correction next time, but I'm going to put the chart up for posterity just to see how over-reliance on an aesthetic ideal works out. Not well, I imagine, but I'll post another version for the sake of later comparison.