ETHUSD morning update
My ultimate bearish count, which seems price action after November 2021 high as a large regular flat wave ii.
Wave ((a)) of ii is a zigzag, wave ((b)) of wave ii is a regular flat, wave ((c)) would be an impulse wave down and likely complete below $1000.
Wave 2 of ((c)) ends up being an expanded flat., wave 3 of ((c)) currently in progress.
I believe this count would be contingent on an equity markets crashing as well.
Wave ((a)) of ii is a zigzag, wave ((b)) of wave ii is a regular flat, wave ((c)) would be an impulse wave down and likely complete below $1000.
Wave 2 of ((c)) ends up being an expanded flat., wave 3 of ((c)) currently in progress.
I believe this count would be contingent on an equity markets crashing as well.
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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.