SUMMARY
Broadening pattern is third most favored pattern for Altcoins. Edgeless (EDG/USD) has been in this pattern since May of 2017! Price has diligently moved from the top trend line to the bottom trend line. These price movements can also be traced using the abcde labeling. As price has most likely comlpeted the D wave, the E wave is on deck and perhap already initiated.
The subdivisions of each wave should be abc as shown by the blue and red in the chart below. The rise to the final E wave is expected to take price to all time new highs. However, price could still linger around the bottom trend line a couple more weeks or so as it had before the prior rise to C. Overall, bulish on the condition that the lower bottom white trend line remain as support.
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