<h1>To Break Or Not To Break?</h1>
...

The main question is, will we break the downward channel or not? I'm gonna present two scenarios that I think is most like to happen. Nothing major has happened since my post yesterday. Everything is going accordingly to both scenario predictions.

<h2>Scenario 1 (Primary count)</h2>
I've laid out the subwave count. Let's see how this develops. RSI is still looking strong and my count is still valid there too. I would re-evaluate my primary count if we break out at the bottom of the ascending channel on the RSI or if we pass $8,900 ish. 

![Screen Shot 2018-02-27 at 05.43.22.png](https://steemitimages.com/DQmQ3466mku1d7hajzZpsNX9bGdqmF7cRWgRWSprxnceDhq/Screen%20Shot%202018-02-27%20at%2005.43.22.png)

![Screen Shot 2018-02-27 at 05.43.57.png](https://steemitimages.com/DQmbaubDLkfTRbzYaYiLyHMEVi84paFZwvb45QuWWnK1QKC/Screen%20Shot%202018-02-27%20at%2005.43.57.png)

<h2>Scenario 2: Bullish</h2>
The key point with this scenario is that we break out from the downward channel. My prediction is that if this scenario will play in, then we will hover around the resistance line for a while before breaking out. Also, if we have to correct a little more before heading up to complete this ABC correction.

![Screen Shot 2018-02-27 at 05.48.16.png](https://steemitimages.com/DQmQnB1CsmXL7zcrMc4WQCq2WVVGVtamKuM6DcKxxYanFfL/Screen%20Shot%202018-02-27%20at%2005.48.16.png)

![Screen Shot 2018-02-27 at 05.51.58.png](https://steemitimages.com/DQmTRwUxNH8VFReMJEXSiZheRuYz9o3AaZ95at6YLer7RM8/Screen%20Shot%202018-02-27%20at%2005.51.58.png)

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<i>Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.</i>