So I have been talking about the 535 corrective pattern on ETH (labeled ABC) and it seems to be working out just like the playbook.
The projected targets for wave C are; 100% or 161.8% of Wave A, OR 161.8% of wave B.
i will be hoping for the 161.8% of wave B option as 100% of wave A takes us well beyond $0
There is even a bear flag projection targeting it there in Yellow.
The projected targets for wave C are; 100% or 161.8% of Wave A, OR 161.8% of wave B.
i will be hoping for the 161.8% of wave B option as 100% of wave A takes us well beyond $0
There is even a bear flag projection targeting it there in Yellow.
Note
Got pretty close!If we cant hold above $55 then a fall down to $20 will be likely.
Note
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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.