I cannot paste images in my last idea, so new idea with situation update. That 5th wave if will occur should not last long, minimum for this is around 7 cents (38.2 length of wave 3rd) maximum rests for trading robots or panic sellers. I will put some pending buy orders @HitBTC and @zaif but in hope for get fast free of cost XEMs. Before trend change here should be that panic shortlived dump and daily close with intresting candle and long shadow.
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It looks like this scenario will not happen, but ok - "the market" have chosen it's own course as always:)
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Here we go with this postponed 5th wave down
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The only question is how strong is 9-10cents area? Or how strong will be 6000$ in Bitcoins case.