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RE: Quick BTC update 14.07.18

in #btc6 years ago

Interesting count. My primary count is that the first 5 subwaves from the current bottom is forming a 1st wave leading diagonal (as shown in my latest post https://steemit.com/bitcoin/@benkalashnikov/bitcoin-mid-term-view-neutral )

Is this a count you would consider?

I believe we have the same overall count, it's just the subcount that differs.

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No, because this cannot be a leading diagonal. Overlapping in 1 and 4 is a requirement for an LD.
But your white wave 2 can be a failed 5, so you cant start the count from there without an LD.

But you are right, it does not matter much, only the subcount is different. But in my opinion yours is not a valid count because of no overlap.
And wave A usually does not hit 62%. Wave C does that.

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