A nice dip to start the year of ethereum.
I don't expect the subwave 1' to be a big wave 5, because the timeframe is to short.
(If it really is wave 5, than a dip to the area of the preceding wave 4 around 350 USD would be imminent.)
But with the indicated count, we are now in the area of the preceding minor wave 4 and the dip could terminate here.
Furthermore, the price hit the 50% fib level and the red trendline.
If my count is right, wave 3 of 3 should follow now with massive upside potential.
Therefore the price will have to leave the yellow channel on a second attempt after the first one in june 2017 failed.
I don't expect the subwave 1' to be a big wave 5, because the timeframe is to short.
(If it really is wave 5, than a dip to the area of the preceding wave 4 around 350 USD would be imminent.)
But with the indicated count, we are now in the area of the preceding minor wave 4 and the dip could terminate here.
Furthermore, the price hit the 50% fib level and the red trendline.
If my count is right, wave 3 of 3 should follow now with massive upside potential.
Therefore the price will have to leave the yellow channel on a second attempt after the first one in june 2017 failed.
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.