SUMMARY
The similarity in chart between BAT and XVG is pretty impressive. It's as if BAT ICO was in XVG! The below chart shows a five wave completion and the resulting correction is an abc within a wedge pattern. The two rounds of rounded bottom provided the base impetus for the first round of impulse. The wedge could provide the impetus for the second.
The red abc corrective waves have been labeled with subwaves as it is a classic Flat correction (3,3,5). C waves always have five subwaves and this chart shows a count that indicates it could be complete. The breakout generated a wave 1 and while not the most ideal looking, it provides a starting point for the initial round of higher degree of trend impulse (white 1,2,3,4,5). There is leadership within the Cryptosphere and that is the five start General Bitcoin. All Altcoins are awaiting the signal to rise.
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