Currently we are tracking two scenarios with respect to Ether.
1) Bull base case: Currently we are completing the 'A' wave down (in red) to be followed by a 'B' wave bounce and which would then complete with a final 'C' wave down. This pattern also mirrors the fractal shown by the green circle that occurred September/October. This would be followed by a strong move higher (green arrow).
2) Bear base case: We have completed an ABC (purple) correction off the initial Eth A wave larger correction (Green ABC) from July/Aug. This scenario would have us visiting much lower levels over the next 12-18 months as we complete the final 'C' wave down.
1) Bull base case: Currently we are completing the 'A' wave down (in red) to be followed by a 'B' wave bounce and which would then complete with a final 'C' wave down. This pattern also mirrors the fractal shown by the green circle that occurred September/October. This would be followed by a strong move higher (green arrow).
2) Bear base case: We have completed an ABC (purple) correction off the initial Eth A wave larger correction (Green ABC) from July/Aug. This scenario would have us visiting much lower levels over the next 12-18 months as we complete the final 'C' wave down.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.