Haven't updated since the wave (A) low when I showed what I believe to be the roadmaps for BTC and LTC. So far so good as BTC continues to channel nicely. I'm looking to stay long unless either the lower channel trend line is breached or until BTC reaches the 61.8% retracement level where I'll begin to unload my longs and be out completely by the 78.6% level. I'll remain in cash until either a new high is made in which case I'll go long again, or until I believe the bottom to the pullback is in should it sell off.
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.