Hi everyone
ETH price already broke our descending channel downward.
so what we have on this chart is local Elliot waves scenario and as you can see
all 5waves downward completed, now we can expect an ABC correction upward.
this pattern can also follow my BTC scenario( LINK the PUBLISH BELOW) as well.
at this moment if the (a) wave done price may drop to shape wave (b). around 2370
is expected. for wave (c) I expect price break our descending channel upward again
and test the 2970 resistant level.
if the price broke below 2150$ support level this strategy would be invalidate for a while
Enjoy the market
ETH price already broke our descending channel downward.
so what we have on this chart is local Elliot waves scenario and as you can see
all 5waves downward completed, now we can expect an ABC correction upward.
this pattern can also follow my BTC scenario( LINK the PUBLISH BELOW) as well.
at this moment if the (a) wave done price may drop to shape wave (b). around 2370
is expected. for wave (c) I expect price break our descending channel upward again
and test the 2970 resistant level.
if the price broke below 2150$ support level this strategy would be invalidate for a while
Enjoy the market
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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.
Penerbitan berkaitan
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.