We saw a very bullish week, almost every major alt popped. But I think that a healthy retrace is imminent in the near future. Ethereum hit my target from December (yes,from 4 month ago, I didn't expect that this move will take so long ). I don't expect another push to the upside honestly (however it is very possible that I'm wrong) .
We hit a resistance zone, which also happens to be a fib level.
The EW count is a little bit messy but I think that the current market structure is completed.
We hit a resistance zone, which also happens to be a fib level.
The EW count is a little bit messy but I think that the current market structure is completed.
Note
Let see if this plays out
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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.