i am new to trading and i am learning elliott wave as my strategy and i added some other confluence which works well for me.
As of right now we are seeing that eth is still in a corrective pattern or count. and we are not out of the woods yet.
i believe we are still in a bigger ABC or a bigger correction. since. As i have understand and learn that triangles cannot be in a wave 2. or never.. it can only be found in wave 4. so if you guys remember my chart a few weeks ago i have said that there are some gaps to fill for eth and yes its a bearish pattern or we are still in a bear market. I can only consider if we are already above 4.5k we are starting a new phase or trend already.
everything in crypto right now is still corrective.
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