ETH Bear Scenario
Updated
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ETH could drop from here giving us a wave 5 to the downside. We pushed to the upside, finished our ABC, retested the channel and the golden ratio on the fib retracement and fib speed.
I see a lot of people getting excited from this pump which could mean that they will get liquidated.
This scenario could change then we'll shift to another wave count. If we break 1.5k we should continue till 1.8k at least.
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🔹
What do you think?
Good luck traders,
🔹
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
🔹
WHY FOLLOW?
• 4 Years of experience
• Proprietary Trader
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
🔹
...................................................................................................................................................................................
ETH could drop from here giving us a wave 5 to the downside. We pushed to the upside, finished our ABC, retested the channel and the golden ratio on the fib retracement and fib speed.
I see a lot of people getting excited from this pump which could mean that they will get liquidated.
This scenario could change then we'll shift to another wave count. If we break 1.5k we should continue till 1.8k at least.
...................................................................................................................................................................................
🔹
What do you think?
Good luck traders,
🔹
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
Note
Wave 5 in motion...
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