180804 There are a bad news and a good news

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There is a bad news:
"We might break down below 7K"

Because we have simple correction in green box area, we have complex correction in current situation (in blue area)

let`s look closer

I know some people might disagree with my counting, but I think it is most reasonable counting

We are forming bullish pattern, and lots of people hope to break up the wedge

But because of my EW counting, I had to give up my long position from $7,318 (anw I could have take some profit cuz my initial target was $7,450, but I gave up)
Instead of long position, I put my short order at top of the wedge and it was perfect(entered $7,540, closed $7,385)

Now I put my short order again to the bottom, I see this situation could be "crab"

Ok then, what is the 'good news'??

Actually I already showed you good news above chart:

This means I see current situation as below:

My counting to go down below 7K might be wrong, but one thing is very simple and clear:
We are very likely to be in the impulse wave, and might never see btc price cheaper than $5,755

So, In current situation, all we have to do is collect as many as btc in cheaper price

plz be patient

注释