We need to see more overlapping, but this could be a sign that wave 1 Circle is nearly in and expect a significant immediate decline. I would suspect all other coins will follow. I am not short right now, but am watching for more signs. I would expect BTCUSDSHORTS to drop nearing the top of the Ending Diagonal, if that's what's playing out. This could take a couple of weeks to complete, which will also give more insight and confirmation.
Nota
An alternate, if we break out of these converging lines, heading in the $6K region, is this is an Expanded Flat and we are still working on wave (4). We have yet to see a significant pullback for (4). The move up to $9100 was in three waves.Trade chiuso: obiettivo raggiunto
Turned into the alt count and an Expanded Flat for a continuation of wave (4). We probably have a little further down to go, but I would not want to be caught short now.
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