FilipeMiguel

FilipeMiguel Updated 

ETH seams is forming an wedge. As I said before, expect ETH at 600's and then new drop.

FilipeMiguel

For the short term seems BTC finish the wave A with an wedge pattern. So expect some rebound in this wave B until the 10 k and then new downtrend to complete the ABC pattern. Let's see how this count plays with my ETH bearish count.

FilipeMiguel

With this strong upside I have changed my count to the original that I'm following since weeks ago. For me is missing at least on movement to the downside to complete 5 waves cause for me the wedge was invalidated. Maybe ETH may go to the +- 600 dollars.

FilipeMiguel

So the wedge it's not create and my primary count survive :D! I only changed my minor count of wave iii and add two sub minor waves i and ii. At this point I believe ETH is inside wave iii of iii. The bulls must wait!

FilipeMiguel

Still seems wave iv underway

FilipeMiguel

Since yesterday looks BTC it's in some consolidation for new donwtrend (possible minor wave iv) but at this point the bears must be careful because the possible wedge has not been invalid. Normaly when the wedges finished the price action moves fast and furious and until now I don't see it so my primary count is still the "Bear count".

FilipeMiguel

Everthing happen as expected and at this point the pattern suggest wave iii is underway but at same time we must keep in mind that the downside can't stop here. The bloodbath MUST CONTINUE. If stops here we may see an wedge and a positive divergency.

FilipeMiguel

Everthing happen as expected and at this point the pattern suggest wave iii is underway but at same time we must keep in mind that the downside can't stop here. The bloodbath MUST CONTINUE. If stops here we may see an wedge and a positive divergency.

FilipeMiguel

Possible triangle underway.

FilipeMiguel

Don't fall in love with this short upside.

FilipeMiguel

Seems, since the highs BTC is in wave 3 of A of Y. maybe will have bloody wekkend.

FilipeMiguel

For now wave 3 is smaller than wave 1 so I prefer count this as minor wave 2 of 3.

FilipeMiguel

Since the 6xxx's I count this trend as a correction movemente as ABC. So let's see if the bears have strength at this point.

FilipeMiguel

Hello I'm new in this site and, at long term in ETH, I see 5 waves up until early 2018. So, since the highs I expect several correction for ETH in time and/or price. Therefore I will count the last lows in 5xx's as wave W and now ETH is in wave X. After finish this wave I expect more lows (count this like double zig zag). Comments are welcome.