ETHUSDT: Elliott Waves Intraday Trading
ETH price continues to rise within the ascending momentum of wave C.
Locally, a correction may form in wave 4, after which the price may continue to rise to complete the big ABC correction pattern in ascending wave 4.
As before, I plan to sell after the completion of local wave 5, after the formation of a false breakdown of the trend line.
I consider opening a long position only in case a bullish pattern of the current trend continuation is formed.
Best Regards,
CEO Tornado Capital
Locally, a correction may form in wave 4, after which the price may continue to rise to complete the big ABC correction pattern in ascending wave 4.
As before, I plan to sell after the completion of local wave 5, after the formation of a false breakdown of the trend line.
I consider opening a long position only in case a bullish pattern of the current trend continuation is formed.
Best Regards,
CEO Tornado Capital
Related publications
Disclaimer
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.