ETHUSD Elliott Wave Technical Analysis Mode: Corrective Structure: Flat Position: Wave (c) of (iv) Direction: Wave (c) of (iv) is still in play Details: Wave (b) ended around 3878 and now Wave (C) is in play which I expected to be end around 3050-2870 which will be my entry point. Next Direction: Wave (v) which will complete the next higher Degrees Wave (3) Target: 2640-2700 with 50% profit Wave Cancel invalid level: Daily closing below 2717 with 10% loss
Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
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Alt scenario: we are too close to break the price channel , so keep your eyes on it in the next two days and wait for the confirmation point.
I still think that the first scenario is in running, but i put this just in case not.
Trade ativo
we reached our entry points , but I think the correction is not finished yet, dow you will find the next entry points.
Invalidation Point is invalidate my BTC Idea
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breaking 3358 meaning that our wave 5 is starting
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Eth break the daily price channel and it going up to our targets
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after the last fall down the price break the base channel, if the weekly candle close outside the base channel, then we will have a small correction up, then going down targeting the area between 2700 - 2500
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