Just like Bitcoin, Ethereum is close to bottom or already reversing. Its more like 50-50 on Bitcoin, but here it looks like 65-35 chances of reversal.
Expecting some HH in a form of leading diagonal and a deep retracement before some real bull momentum. Otherwise, it has one more leg down to ~300$.
Expecting some HH in a form of leading diagonal and a deep retracement before some real bull momentum. Otherwise, it has one more leg down to ~300$.
Trade closed: target reached
Bulls eye!Note
Second target hit. I think its an extended 3rd and its missing something. If you were in for a trade, this is a good time to take profits, dont be greedy.Trade closed: target reached
Note
The BTC pair has probably started correcting. Expecting an ending diagonal + truncated 5th here. Remember that it started earlier and the 3rd is too big.Note
Potential target for ETH before correcting this move.Note
BTC pair also seems to be in some kind of correction in a leading diagonal A or 1. Its kinda early to be certain though.Note
Note
Ethereum just hit the .382 from the top. It should be topping of here. If not, idk whats wrong with crypto but the landing is gonna hurt, big time.Note
Actually, i know, its the endless shilling all over twitter jumping from coin to coin. Take profits, dont feel sorry for not selling at the top.Note
Potential path before some serious correction.Note
Its kinda tricky to fit a count here, i think its correcting, but in case its missing one more wave it shouldnt go further than 740-760.No further updates here, it exceeded the expectations. lol
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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.