Short term ETH analysis

30 Ağu 2022

Since my last chart got butchered I'm creating a new one. Old chart:

We can short lower degree ABC and go for long for the #C wave

Blue fib is our target in terms of price, one issue I'm having is that I expect this correction to last at least 2 more weeks but I am not sure how we are going to get there just yet

30 Ağu 2022

Not

Just realized the previous impulse labels 3 and 4 (yellow) are screwed for some reason.

#3 should be pushed to the wick on the right
#4 should be pushed further to the right resulting in running flat for #4

31 Ağu 2022

Not

As of right now, i am not quite sure what the count is, bias is still bearish in the long term. I will need to spend some more time on this

Also congratz to those who shorted, I'm sure yall were presently surprised :)