Hello
it took me a while to understand the elliot wave logic behind this messy ethereum scenario but i think i finally got a reasonable outcome with my chart study.
As u can see in my elliot count i strongly believe that a big bear wave is about to hit, i will keep a close eye with the extension 0.61 and 1 fibonacci which i think is where the price will eventually try to reverse, i also indicated the in green the confluence zone and they basically fit my elliot wave count
As always i try to keep it easy as possible and i remind you all that this is not a financial advise, but my honest ideas about the ethereum trending
Kiss
BlacKouTraZ
it took me a while to understand the elliot wave logic behind this messy ethereum scenario but i think i finally got a reasonable outcome with my chart study.
As u can see in my elliot count i strongly believe that a big bear wave is about to hit, i will keep a close eye with the extension 0.61 and 1 fibonacci which i think is where the price will eventually try to reverse, i also indicated the in green the confluence zone and they basically fit my elliot wave count
As always i try to keep it easy as possible and i remind you all that this is not a financial advise, but my honest ideas about the ethereum trending
Kiss
BlacKouTraZ
