ETHUSD has moved down from today's all all time in clean wave structure. Wave A or 1 down is complete and is followed by wave B or 2. This corrective wave is in progress and once done, wave C or 3 down may unfold which should go below 3100 as per wave A/1 equality as long as wave B/2 high of 3317.45 holds.Note
Forgot to mention that wave (i) of C/3 down is possibly a leading diagonal which is why there is an overlap between wave i and iv.
Be a Better Trader!
Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
Related publications
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.
Be a Better Trader!
Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
Related publications
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.