FilipeMiguel

ETH update - Possible rebound tomorrow?

לונג
FilipeMiguel מעודכן   
BITFINEX:ETHUSD   אתריום
At my mini waves count I can see a possible (nice) rebound very soon. However I still expect new lows to finished this wave iii.
This wave v of iii has already extended enough so I do not expect new extensions in v of v of iii.
Rebound could go to the 5xx's and maybe bulls will have one or two weeks to play. After that I expect again new lows to finish this principal wave A of Y.
You can see my long term count here:
הערה:
At this point seems wave iv (pink) of iii (red) is still underway, forming a contracting triangle. Expect break up to the downside very soon. After that let's see if the bulls take the control at short term.
הערה:
Neither contracting triangle. Need more time to understand where ETH is.

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