ETHBEAR : expanded flat , upward movement next ?

2021년 1월 14일

HI guys,

I use wave pattern to see where the correction may end. right now we have the structu for 1 impulsive wave with a pattern retracing at the fibo ratio of 85.4% of wave 1 (see fibo table at the left).

the pattern i identified is an expanded flat : ibb.co/HdrK3TN

Guideline for expanded flat
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A
• Wave C ends substantially beyond the endng level of wave A
• Wave C needs to have momentum divergence

Fibonacci Ratio Relationship for expanded flat

• Wave B = 123.6% of wave A
• Wave C = 123.6% – 161.8% of wave AB

guideline and fibo ratio seems to be respected

potential price target if premise is true :



this kinda correlate with my last post in ethusdt wave pattern :

*this is not an investment advice, eth 3x token are high risk assets, use extreme caution, specially if you are new*

2021년 1월 14일

액티브 트레이드

the fifth wave for the expanded flat seems in. imminent bullish crossover on the 1H. good correlation between wave count and indicators

2021년 1월 15일

액티브 트레이드

please, watch this resistance. ethbear token are super risky so never safe enough :

2021년 1월 17일

노트

will update later. need more data

2021년 1월 19일

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