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NOTE: BTC breaks the truncated wave 5 pattern=high prob bullish = you have to assume BTC will reach or exceed top of bullish channel. The key will be the effect BTC’s continued relentless rise has on other altcoins. Recently, all coins have gone up together (generally). Early this morning all were up again = shorting not high prob at this time. However, coins sold only in BTC should be watched and traded especially carefully until clear correlation is confirmed.
NOTE 2 — RED FLAG watch volume — this breakout should create high volume while price going up — if it doesn’t raises probability of reversal.