ETHEREUM / D1 : Sinewave & Elliot suggests TP but still bullish

Combined Elliott wave analysis and cycle analysis through PRO Sinewave (beta) both tend to confirm a TP area nearby the current prices which would mean the end of subwave 3 of our supposed last impulse (V) that is our extended wave. Which means that we may still have a final 5th wave to complete on the subcount in order to finish this cycle. Anyhow bulls must get out at that point and wait for retracement to eventually jump in again for the final wave 5 call.

Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/comment/follow if you feel like it deserve it ;)

Dagangan ditutup: sasaran tercapai:

Today's candle managed to break below yesterday's low meaning that bulls can't take it anymore ! Those who are still long exposed in this should have a close look at intraday charts and consider exiting whenever the price seems to exhaust or start breaking supports during the next few days !

Dagangan aktif:

Retracement target got a hit today. Hope you guyz bought it ;) Still needs a confirmation with daily close. But buying final wave was part of the plan !