SUMMARY
ADZCoin is very thinly traded and so will not have much liquidity. Trade at your own risk. This coin could signal the bottom completion if price can breach the upper whie line of the flag. It's right underneath it, currenly. The prior impulse (white 1,2,3,4,5) shows that a large wick was wave 5 and this usually means a flameout type of buying activity that initiated the correction by running out of buyers.
Closeup shows that an abcde is as likely. IF price fails to breach the upper white trend line, then the E wave is most likely direction. However, much depends on Bitcoin's strength and it could support ADZ's upward price movement.
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Elliott Wave Counting Tutorial #1
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Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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