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ETH - short setup

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Ethereum (BITFINEX:ETHUSD)  
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BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Wave Analysis ETHUSD Ethereum (Cryptocurrency) ETHUSDT ethusdshort elliotwaveanalysis elliotwavecount
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ETH has been making consolidation / flag for another short setup.
Short the breakout of this corrective.
It can break down from here or make another impulse then breakdown.
Komen:
Made a wave up and some consolidation. Expecting this to get around 245-250$ before it turns around.

snapshot
Komen:
Correction is gonna take a while, watch this breakout for a long to retest the previous high ($260 atleast.
I wouldn't be looking for shorts until then.

snapshot

Remember to move your stops to breakeven we are still in consolidation. Take profits regularly don't get chopped in this market.
Corrective patterns can become very complex.

Idea Berkaitan

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