EthereumLong
Is $ETH about to trick traders with this complex correction?
After much consideration, I believe we are in the [2]nd wave of all of ETH's price action (Longest term), with that being said; I also believe we are in a complex correction for wave B of our correction which I have marked end point in red fibonacci. Path has been drawn accordingly, but there are many variables that can take place so I have only drawn it to the end of wave 3 for the expected bullrun (Blue fibonacci above price action). The blue fibonacci below the price action are the ratios for wave [2] with the exception of a Harmonic ratio of 88.6% which lines up for the ratios for the complex correction; a break and close of $155 on the weekly will void/invalidate this count. If entering on the bullish bias you can place your S/L 1-2% below the 88.6%/123.6%.
In regards to the white lines, the bullish one will require a break and close above for reinforcement, and the bearish one will require a break and close below for reinforcement.
Indicator being used is made by oh92
ETHUSD
In regards to the white lines, the bullish one will require a break and close above for reinforcement, and the bearish one will require a break and close below for reinforcement.
Indicator being used is made by oh92
ETHUSD
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