Elliott wave pattern shows an overlap between waves 1 and the current correction. Moreover wave 1 occured post a triangle breakout. This means that it is the last action of the trend of higher degree. Last but not least the drop from the all-time high looks impulsively...
Hence, buckle up for more downside in Etherum!
No short position entry at this point. Better to wait for significant rebound to upside.
Hence, buckle up for more downside in Etherum!
No short position entry at this point. Better to wait for significant rebound to upside.
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