One question - like in Your previous update, I think we just had a 4 day long triangle consolidation.
How do You decide where to start counting new set of waves?
I did it yesterday:
You drew wave one starting where my wave B of triangle is.
After overnight price action I wanted to change my chart to this:
Is there any way to discern, with current info we got, whether wave 1 started:
a) where You drew it (wave b of my original picture, effectively with no triangle)
b) where it is on my second picture (making a correction ABC symmetrical triangle)
c) where it is in my original picture, but with wave E unfinished due to bull pressure (ABCDE triangle)
When unsure where to start counting new set of waves, it's hard to draw detailed, lower degree waves up.
I'd love to hear Your oppinion on this.
RE: Bitcoin (BTC) Morning Update: Wave 3 of 3 is NEXT!