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שורט

ETH - Major Dump before the big Pump

מעודכן
ETH very similar to BTC has completed a corrective pattern - expanded flat.
It broke the low and the broke the high of wave A making this an expanded flat.
Since it formed a corrective pattern instead of making a new impulse, should expect another wave down before any kind of reversal in Ethereum and rest of the crypto market altcoins.
הערה
Lower time frames show divergence indicating the current the trend maybe coming to an end and the start of the move down to around $136-150$ on ETH

תמונת-בזק
הערה
Made another high but overall picture is the same .
תמונת-בזק
הערה
Played out exactly as expected.
Small bounce from here, then continuation of the downtrend

תמונת-בזק
הערה
Bounced higher than I was expecting but still bearish.

תמונת-בזק
Chart PatternselliotwaveanalysiselliotwavecountellitowavesETHEthereum (Cryptocurrency)ETHUSDETHUSDTTrend AnalysisWave Analysis

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