- 1. The wave principle has not been broken by the new low. The 4th wave has not overlapped Wave 1. This means that we're due for another impulse wave. The guidelines says that it should be similar to wave 1 in length
- 2. There are reversal candles near the support.
- 3. - see purple lines
- 4. BTCUSD fear is cooling off and is trading sideways . A trend upwards could boost the start of the new BTS wave.
Stop loss : a close overlapping wave 1's price line
Don't forget to take profits along the way.