The Rise and Fall of ETH Part 3 (The great bull trap) update

Updated
Capitulation by year end? 3d chart.
Note
CBOE news and market is a bit overextended...should at least rally to new resistance (former support) and possibly even all the way to next resistance around .55 (big gap in between).
snapshot
I do not think it will last though.
Note
Playing out as shown in initial chart i guess...time for the dead cat? All depends on btc. Ultimate destination is the same IMO
snapshot
Note
EW analysis, if 0.03 holds I think wave 4 of c is in progress:
snapshot
Note
forgot the y letter snapshot
Note
Still waiting, probably will follow litecoin. Charts not all that different.
snapshot
Note
bull div starting to form just like ltc weeks ago...
snapshot
Note
Update. Nice move up, as expected, don't think it's over yet. Let's zoom in, here's the 4h view, just a guess of how this could play https://out.https://www.tradingview.com/x/j8LJpLvZ/
Trend Analysis

Related publications

Disclaimer