ETH/USDT Elliott Wave count 1H TF

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Ethereum Perpetual Futures (FTX:ETHPERP)

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FTX:ETHPERP Ethereum Perpetual Futures

trendanalysis chartpattern waveanalysis ethereum crypto longshortcompetition elliottwaveanalyis

Ethereum may have ended a WXY correction but it must not break below 1.618 fib extension. If it break than it will do an impulse move to the downside that may be a wave A and WXY it will be invalidated.
We have also another option here and I will put as update to his coount in 5 min.
Good luck

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This is the option, to have a wave 2 flat and alternation for wave 4th zigzag. For this the price must keep 0.382 fib retracement of the 3rd wave

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