Still waiting

2018年8月7日

I won't wait forever, but I do need to feel like there are enough bulls in it with me. If we close the day above the lower horizontal green line, I'll go long and I'll look to sell again at the upper horizontal green line. It will depend on what the candles tell me. If we have increasingly smaller green candles, I'll sell. If not, I'll hold a bit more. The yellow horizontal line indicates the top of what I called wave 1, and that's precisely BTC's latest bottom, which I called as wave 4. Because the two didn't cross, I believe my analysis is still valid and I'll keep it along with my secondary scenario, which is a corrective mode.