StockDweebs

Ethereum Outlook Contains Bearish Sentiment with Advanced Count

BITFINEX:ETHBTC   이더리움 / 비트코인
Ethereum to Bitcoin pairing illustrates long-term bearish sentiment after completing a perfect Elliot Wave count that falls into the Basic Principals of the 3rd and 5th waves each containing an advanced count of sub-waves.

Typical ABC correction is impending through the distribution phase of Wyckoff Theory with mark-down.

Buy-in zone within the 50% retracement level and the .618 - .65 golden ratio of Fibonacci.

This is a long-term correction over the course of two months.

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