Last time Etheruem had a death cross on the 12hr Eth dropped 51% Elliot wave predictions are showing $331.00 331.00 is 55% drop from death cross I am expecting a bull trap bounce at the 490-510 area and then bear continuation to complete Elliot wave move.
With BTC momentum high and a bottom found I believe that ETH will find a price around 687 before a ABC correction wave. I am long until top of wave 3.
Looks like a Morning star has formed, I am not sure if the lowest candle is considered acceptable for the pattern. Volume also crossed over MA. ** I am new to TA, any tips or comments are appreciated :)
I am new to to technical analysis but I thought I would start to post my predictions. It looks like a cup and handle is forming on the 30min SC/ETH chart. I appreciate any feedback and tips, I want to learn as much as possible so please feel free to chime in and give me your 2 gwei. :) The Brando