For the Lite Bitcoin vs Dollar here's my analysis :
Sinewave gave all the trades prior to the break (even a short scalp that would have made a free long entry with paid stop !) I also helped to confirm the triangle formation that triggered the 3rd wave break that confirmed it will most likely be the extended wave of this count (which we now know it was but we could have anticipated this back then). Anyway that 3rd way have reached it's targets, both regarding the 1st wave extension and the subcount 5th wave projections. SO... there's no point putting any long position at these prices. All we can do now is wait for retracement to call again on Sinewave signal near the cluster support identified. Agressiv traders can even consider a counter trend short here with stop above the fibonacci targets cluster. Of course this will be for a corrective and that means leverage has to be downsized here.
Allright ! That's all for me !
Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;) @PRO_Indicators
Here's the updated chart...
Here's the updated 5m chart... We now have a more precise target for calls... It's all explained clearly on the chart as usual