Blackcoin has touched below the .786 line once again, this time putting in a lower low and likely completing the correction.  If so, then following the next correction which should be fairly swift the next set of impulse waves will test the next fib zone, followed by a more drawn out correction, before trying to break through the pitchfork.

.786 is a nice and deep correction, and is common for a wave 2 which tends to correct more deeply than the rest.  MACD showing positive signs here, and we are currently playing slackline with the 50 EMA.  Steady, steady!
![](https://steemitimages.com/DQmQN8WcCuV99q3UBJLC7mFj6Uog7rfxHpU5uEwDzMhaUke/image.png)

Healthy trading and profitable investments,
The Freedom to Be

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