ETHEREUM - The Perfect Flat Correction 💰

In our last 2 Ethereum analysis, we were bearish from the end of the 4th wave. We caught a massive 47% drop with little to no drawdown.

We are now approaching the final stages of the C wave, which is made up of 5 subwaves. We are seeing the 4th subwave now and anticipating the final 5th subwave, which will be a move lower. Once we've made that move, it will be time to buy Ethereum.

Trade Idea:
- Watch for the 5th subwave move lower and get yourself ready
- Once bullish price action appears, enter with stops below that low
- Targets: 3500, 4800, actively manage the rest

What do you guys think?

See below for our previous Ethereum analysis.

Goodluck and as always, trade safe!