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ETHUSD morning analysis
Ethereum
Short
ETHUSD morning analysis
By discobiscuit
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Jan 11
1
Technical analysis of ETHUSD.
Bearish count sees large regular flat from ATH, pitchfork drawn from ATH, A, and B.
C wave would be in its wave 3, with target ~2000.
Wave 2 was a zigzag with Elliott Triangle wave b. Wave c of 2 tagged .618 fib drawn from B at 4104.56 to end of wave 1 of C.
Smaller pitchfork drawn from B, 1, and 2; convergence with larger pitchfork below A at 880.03, which is where this analysis suggests price is going.
Elliott Wave
Fibonacci
Pitchforks
discobiscuit
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