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ETH correction likely to be completed by 620

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BITFINEX:ETHUSD   Ethereum
ETH is moving in a corrective pattern from the top of 833. Thanks to Elliott, we correctly identified this move at 802 on May 6 (see below), identified the beginning of Wave B (see below) and called for the start of wave C before it actually began yesterday (see below).

Now, it appears that ETH would complete the C wave around 620. Although it is possible that it could go down to 528 but it seems less likely at the moment. This could be a good opportunity to go long. Of course, it is not a trading recommendation.

Declaration of the start of wave A at 802 (6 May)

Declaration of the start of wave B before it actually started (7 May)

Clarification of the confusing B wave pattern (8 May)

A call for the start of C wave before it actually started (10 May)
Yorum:
Nearly there!
İşlem kapandı: hedefe ulaştı

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.