Update on initial bounce of wave 1. Given that eth has now bounced off another strong resistance line, may see the wave extended into the red triangle, if support of the green is broken. Time zones indicate either as possible. End zone remains the same.
Note
Either option remains possible, as ETH is now riding up the support line of the green triangle. Time will tell when it reaches the cross roads!Note
Looks like ETH has taken the green option.Please see updated graph from Feb 17th
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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.