Update: STEEM could be heading towards 94 or even 46 cents completing wave Z! WOW! I'll be a happy buyer there.
BTC is showing clear evidence of blue wave 4 coming to an end soon. This means the final wave up to complete this bigger white wave 1 is about to start soon as well.
This is ultra important! We need to see at least 8500+1 to have some confidence that this is infact an impulse wave and not some ABC correction within a bigger correction.
Blue wave 4 could be done already, but a little lower does not hurt the count at all.
A good target for this blue wave 5 of white wave 1 would be 9000$.
White wave 2 is where I will be buying. Alts and BTC... stay tuned...
BTW: If this playes out like shown in this pic (up to 9k, then down to 7k), white wave 5 target is 13500 (if white wave 3 is 162% again) which would kill a few bearish counts (but not all of them).
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