Crypto market is slowing down as stocks turned down into a risk-off and the USD rallied across the board. So even strong Ethereum is no exception. In fact, we see a drop from 2k psychological level in five waves, so the market is ideally forming an (A)-(B)-(C) corrective decline. However, nothing moves in a straight line so after the current five waves down in A be aware of a wave B rally. Resistance for a bounce is at 1700-1800.
Happy trading!
If you like what we do, then please like and share our idea.
Happy trading!
If you like what we do, then please like and share our idea.
코멘트:
ETH made that rally in B, now eyeing lower for C at 61.8% and 78.6% Fib.
코멘트:
코멘트:
ETH making B wave more complex? Possibly, but downward correction also appears incomplete, so looks like it's not the time to define the next impulsive direction, yet.
Special Offer: Get 2 Month For Price Of 1
👉 wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
👉 wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
