We consider an Ending diagonal triangle at the fifth wave of ETH.
This pattern mostly accrues at the final wave of a cycle and in my opinion, the third wave which is started in Sep 2020 is finishing.
However, my opinion could be wrong (the price rise until the orange boxes) , this wave goes up slowly and has a triangular shape.
Obviously, during this triangle...
Enjin coin is in the third wave when you look daily chart (but it is not finished)
Undoubtedly a new up trend will begin, but we are not sure whether the correction wave is over or not.
I expect this correction wave goes up from one of the blue support boxes. EMA 50(daily chart) and EMA 200(4h chart) are shows the same area.
There are three scenario which is...
Bitcoin is in the third wave of a cycle which is started form March 2020.
But if we consider the last impulse wave which started from Sep 2020, it seems that the third and forth wave has been finished and the new impulse is expected.
(the ending point of the forth wave can be easily fined by the help of retracement and extension fibonacci and also EMA50 which is...
