After a big 12345 impulse wave, the price of Decred has been in a falling wedge and using Elliott wave principals I have projected the likely scenario. I think that this will be and WXY complex correction. As wave W sits on the 0.5 Fibonacci extension tool, and that wave Y sits on the 0.5 Fibonacci retracement tool, wave Y will end on the 100% of the Fibonacci extension. The price is currently in an ABC correction much like at the beginning of the wedge, and wave C will break the support levels at 0.01179236 (0;0.5 Fibo levels), which will propel further selling.
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