Technical analysis by massinzad about Symbol BTC: Sell recommendation (8/19/2023)

I had just a scenario for a higher degree pattern (Orange link in the picture) But after seeing Mr. Neely's analysis, I went ahead with his scenario...Explanation of long-term analysis:Scenario I - If the C wave is terminal impulse pattern,the thrust must in less than 50% time of this pattern touch the starting point of this pattern(Minimum requirement),in this situation it is possible that the higher degree pattern is a flat.((B)-FLAT) and now c-wave has started.Scenario II - if the C wave is neutral triangle pattern,the thrust must between 20% and 40% time of this pattern touch between 75% and 125% the biggest wave in neutral triangle(in this case c-wave),And also in this situation it is possible that the higher degree pattern is a neutral triangle((B)-NEUTRAL TRIANGLE) andbecause the behavior of waves is unusual in triangles, so this thrust is allowed up to more than 125%.And then we expect the formation of wave D and then E to complete this neutral triangle pattern and after that we enter wave C.