BTC Wave E or 1 or still not done?

26 Tem 2018

Maybe BTC -0.97% just completed W1 of an impulse up, or maybe it just completed E of a descending wedge , or maybe the current bull run still isn't finished and there's more upside left before a major retrace. I'll be waiting to see if this current support is broken and then to see if support around 50-61.8% retrace holds.

If it doesn't hold I'm expecting a retrace back down to the lower trendline of what I have labeled as a descending wedge .

15 Ağu 2018

Not

Maybe it was wave E and now we go up? Seems unlikely at this point but who knows. Will look to see if the lower descending trendline is broken again.