quantmaven

Ethereum: waiting for the triangle to finish

BINANCE:ETHUSD   Ethereum
The last sub-wave e of wave 4 has been really annoying so far because the movement doesn't seem to be evolving in 3 waves down but 5 waves down, with some descending triangle taking shape in the intraday (see little purple). This would mean that it would touch 1700 and then retest it again before completing the figure, just like I shown on my yellow drawing. I guess the last sub-wave B and sub-wave C would look fairly similar to the bump of June 22th to June 26th.
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.