Short term ETH analysis
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Since my last chart got butchered I'm creating a new one. Old chart:
We can short lower degree ABC and go for long for the #C wave
Blue fib is our target in terms of price, one issue I'm having is that I expect this correction to last at least 2 more weeks but I am not sure how we are going to get there just yet
We can short lower degree ABC and go for long for the #C wave
Blue fib is our target in terms of price, one issue I'm having is that I expect this correction to last at least 2 more weeks but I am not sure how we are going to get there just yet
Nota
Just realized the previous impulse labels 3 and 4 (yellow) are screwed for some reason.#3 should be pushed to the wick on the right
#4 should be pushed further to the right resulting in running flat for #4
Nota
As of right now, i am not quite sure what the count is, bias is still bearish in the long term. I will need to spend some more time on thisAlso congratz to those who shorted, I'm sure yall were presently surprised :)
Penafian
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