Made EW waves more precise, up to 1H of opening/closing price before direction(trend) changed and also, updated some targets for the future.
As we all know by now, SEC denies Winklevoss application for a bitcoin ETF but many bulls still firmly believe that OBOE stands better chances of being approved, because it's a much older institution, but this is irrational thinking cause one of the main reasons stated 'Was to prevent fraudulent or manipulative acts or practices (read:price manipulation)" so it has nothing to do with specific way individual institutions work or their previous history.
Based on the angle of volatility after a heavy market crash(consolidation), this should be a final selloff and the lowest and longest volatility wave downwards, before the new run starting around beginning of 2019.
Still following same scenario, with a short-position around $8650-8760 or bit higher-lower, depending on the price action.
As we all know by now, SEC denies Winklevoss application for a bitcoin ETF but many bulls still firmly believe that OBOE stands better chances of being approved, because it's a much older institution, but this is irrational thinking cause one of the main reasons stated 'Was to prevent fraudulent or manipulative acts or practices (read:price manipulation)" so it has nothing to do with specific way individual institutions work or their previous history.
Based on the angle of volatility after a heavy market crash(consolidation), this should be a final selloff and the lowest and longest volatility wave downwards, before the new run starting around beginning of 2019.
Still following same scenario, with a short-position around $8650-8760 or bit higher-lower, depending on the price action.
Note
+Zoom current time-frame view 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.