Short

Updated

ETHEREUM (ETHUSD) - PRIMARY CYCLE: COULD BE FINISHED.

After this run and counting all the sub cycles, we may have done with the bull cycle for a while and turn back to home around 1800 - 1200 areas.

SWING on the SHORT side?

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30 min chart: last wave inside of the channel

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possibile inner wave 5 in ending diagonal (3 3 3 3 3):

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BE CAREFULL:

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there is also this possibility, cause that drop was not impulsive and it seems an ENDING DIAGONAL, could be instead a LEADING (a wave 1 of a new impulse up). I'm out of the shorts from 3600, we need to watch what happens.

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But, could be also a BEAR leading as wave 1:

we have to wait and see

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this one

So now we have 2 possibile scenarios, and a third its also possibile (are we inside a big wave 4 so far?).

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above 2 screenshots are not valid... i got just nov this new count:

ending?

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elliottwave-forecast.com/elliottwave/elliott-wave-theory-ending-diagonal/

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the ouline of the last wave (5th inside a big 5) of my count:

Trade closed: target reached

fra978

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fra978