DigitalNote (XDN) Correction is over and climbing!

Digitalnote is a merge mined coin, popularly with Monero. It is an entry coin, as it can be mined on cpu.

It is pretty volatile in price too, and can offer some good trades.
Here is the XDN/BTC pair, and I have drawn up the elliot waves showing an ABC correction as done, in 3-3-5 subwaves. Digitalnote went down with the crowd!

The price have finished subwaves 1 - 3 and now working on subwave 4. Once sellers weaken out wave 5 should come quick, and the first purple wave should be done. Purple wave 2 would likely go down 60%, but my browser froze and I lost the big picture.

I have also drawn up a more bearish short term , but at least as bullish later. As you can see it could take shape like a downward pointing triangle, and this was easier to spot on the 6 hour chart.

If you have another view on this your welcome to discuss and post your charts in the comments.

Comments are highly appreciated, and if you profit from this chart, or enjoy my post, please upvote, resteem and follow!

I have learned this profitable EW charting by @haejin btw!
These charts are done at Hitbtc exchange

If you feel like buying me a beer:
ETH: 0x478c06b33f2b03892dcbb03cd353defba356bc26
LTC: LQ3Jc2bq46Dc8FBkdDoDKtAtYp6mNdLDSa
BTC: 1NXnrq9WcF2BoL2dwAgNg85MZ2qiwN5e1j
BCH: 1GTzQYiTn2EqNt3YVp9LoCbzVvouHiHJAD