If 6600 is the top of Wave 1, then Wave 2 can't reach 1600 as it would violate the Wave 2 rule
UnknownUnicorn1540828
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at this point it will just follows btc moves until reversal near 7.8k. we might see 2800-3000 sats for the last time then i expect a btc reversal at 7.8k and alts will follow the uptrend.
UnknownUnicorn1540828
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@simonmercier, yesterday dump seems like margin liquidation and still didnt made a lower low while btc see unprecedent dip, BTS doesnt show the lower lows pattern.
mostly_george
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@simonmercier, looks like you're right. It mostly follows btc. But i still think we have another wave down to complete the A correction