Same pattern in BTC as in STEEM? It looks like it, yes. This is the bullcount:

Note that in this case a wavecross between 1 and 4 is allowed, beacuse it would be a leading diagonal in bigger wave 1.

The fact that this triangle is forming (a corrective pattern) makes it much less likely that BTC is gonna drop hard (which was my primary count until now).

If you think this to be useful information:


Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
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