user100000
Long

Wave (1) update

BITSTAMP:BTCUSD   Bitcoin / Dollar
It's really difficult to predict how far wave five in general will travel especially if it extends as the sub waves themselves could also extend and push higher /farther than one would expect. So far, circle v traveled 1.272 of circle i + circle iii             . I will update the labels regularly to keep track of the market. That is why you should never sell during wave 3 if you are an active trader and just observe the market. It's best to wait for wave 5 to make any sell decisions. And if you are long term holder it makes no sense to sell because this ongoing impulse wave is the first of five waves which may complete in 2017 (Wave III             )
Hi, nice chart series. Can you zoom out and re-post?
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