aialchemist

ETHUSDT Wycokoff Accumulation with Elliott Wave dynamics

Panjang
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
If you look at the recent accumulation phase, you can see that we are now in Phase D. Today we had the “test”, where we seen a sudden dump followed by fast pump. This should signal that we are ready to move up. The Elliott Wave was followed almost perfectly. Towards point A there was 1,3,5 impulse and at the time of writing this we completed ABC correction. If all goes well we should be going up to the next C price point.

Note: BTC and Eth are trading almost identical right now.
Penafian

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