Eth usd
My attempt at an elliot wave. More experimental than anything else. Clear five waves up and an abc correction hitting the .382 fib level.
This is followed up by another five waves, and it looks as though this will be wave 3 in a grand wave upwards, ready for wave 4 hitting around $100 (on bitfinex) which is .618 level, as wave 2 hit .382.
This is followed up by another five waves, and it looks as though this will be wave 3 in a grand wave upwards, ready for wave 4 hitting around $100 (on bitfinex) which is .618 level, as wave 2 hit .382.
Note
Target hit on the dot.. Seems to work..Note
All targets met, looks like a big retracement inbound....
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Disclaimer
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.