Ethereum ETHBTC - Elliott Wave + Extremely bullish setup
A lot of people talking about head and shoulders reversal pattern, but i do not really see it. The liquidity was taken on 5th September way below the neckline. There is simply no fuel to crash this market. Also as you can see - the major trend line is already broken, which is bullish.
I also did Elliott Wave count and ABC correction is completed with truncated C wave. Very nice double bottom pattern established last days. RSI indicator is in a good condition, plenty room to the upside. Alt season is back.
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I also did Elliott Wave count and ABC correction is completed with truncated C wave. Very nice double bottom pattern established last days. RSI indicator is in a good condition, plenty room to the upside. Alt season is back.
If you like this technical analysis, please hit the like button and follow me for more of these ideas!
Also, check my signature down below ↓
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