Following its motive 5 waves, Ethereum is now flat, waiting to see what is its next move:
1- It can goes down: to complete its C-wave with a maximum retracement of 61.8% and we will be using this level as our next support to enter a long position there.
2- Consolidation: on the current demand zone before jumping back into new peaks.
Will it stay in a parallelism with Bitcoin ?
Time will tell...
Best of luck !
1- It can goes down: to complete its C-wave with a maximum retracement of 61.8% and we will be using this level as our next support to enter a long position there.
2- Consolidation: on the current demand zone before jumping back into new peaks.
Will it stay in a parallelism with Bitcoin ?
Time will tell...
Best of luck !