It's gonna be both a major correction(to the upside) and the start of a new bull price structure, I'm pretty confident. I've literally been watching this one and waiting on it for over a year, much like PINK. Both have been volatile overall(like every crypto), but a lot of the time, when the market is tanking, they both tend to hold their BTC value pretty well. That always seems to be a pretty good sign. If the Gartley pattern was reversed, I'd be pretty discouraged though.

Of course there's always a chance BTC doesn't hold crucial support and almost everything tanks with it, or Bittrex and Binance all of the sudden decide to follow Japan and remove privacy coins...

Trade with caution, everyone. Consider all possibilties...