A short term movement prediction for ethereum
Markets are in choppy mode. Future contracts dominated, very little volume for the spot. Elliot's fifth corrective wave not yet on the play but i expect very soon. Now it's the play time. #ETH may enter in the box and if rejected from 1700 - 1750 area, then a double top will be confirmed. First retrace will the trend support but if #btc plays 5th corrective wave, the correction will be deeper for both #ethereum and #bitcoin .This is not a financial advice. Always do your decisions by yourself.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.