Ethereum
Viés de baixa

ETH - Major Dump before the big Pump

Atualizado
ETH very similar to BTC has completed a corrective pattern - expanded flat.
It broke the low and the broke the high of wave A making this an expanded flat.
Since it formed a corrective pattern instead of making a new impulse, should expect another wave down before any kind of reversal in Ethereum and rest of the crypto market altcoins.
Nota
Lower time frames show divergence indicating the current the trend maybe coming to an end and the start of the move down to around $136-150$ on ETH

snapshot
Nota
Made another high but overall picture is the same .
snapshot
Nota
Played out exactly as expected.
Small bounce from here, then continuation of the downtrend

snapshot
Nota
Bounced higher than I was expecting but still bearish.

snapshot
Chart PatternselliotwaveanalysiselliotwavecountellitowavesETHEthereum (Cryptocurrency)ETHUSDETHUSDTTrend AnalysisWave Analysis

Também em:

Aviso legal