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Crypto_Ed

Viacoin started leg 5

Long
Viacoin / Bitcoin (BITTREX:VIABTC)  
Crypto_Ed Updated   
BITTREX:VIABTC   Viacoin / Bitcoin
Trend Analysis Wave Analysis
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trendanalysis waveanalysis
Wave 4 was a correction to the trendline and bounced nicely and was a typical "sell the news" after lots of hype for Segwit.
It seems to me that leg 5 has been started.
Broken out of downtrend, space for more upside. More good news coming and leg 5 may just be a zone for some natural correction.
SL below trendline for those who use SL in crypto ;-)
Comment:
Update: adjusted the trendline a bit and it looks like its back in the uptrend, good recovery after that drop due to btc's sudden rise.
www.tradingview.com/chart/Z1iG7mSF/
Comment:
wrong link above:
snapshot
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