Eth looking opportunistic, 5 waves down, correction complete!
Updated
Just a short midnight update.
There isn't much to be said. Fairly oversold, it just entered the 0.78 ret support zone and bounced back.
5 wave correction complete, stop loss 420 for now looking good. Forming a reversal pattern of a falling wedge, expecting some liquidity to enter the market this week or the next one. The same goes for bitcoin.
//Disclaimer this is not a buy or sell sign, you decide what to do with your own money!!//
There isn't much to be said. Fairly oversold, it just entered the 0.78 ret support zone and bounced back.
5 wave correction complete, stop loss 420 for now looking good. Forming a reversal pattern of a falling wedge, expecting some liquidity to enter the market this week or the next one. The same goes for bitcoin.
//Disclaimer this is not a buy or sell sign, you decide what to do with your own money!!//
Note
Once again thanks to zeallous for the correction, mistakes/typos happen. This is the corrected count. It is still not out of the woods. Double bottom for now, however the volume is somewhat up, which is quite a good sign.
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