Hello,
ETH has lost my 1 fib extension level & now looks like ETH will hit the 618% fib retracement level, which makes the 5 up an A wave not a wave 1.
If the 5 up nuked into the 786% more quickly I would say that run up to $2,000 in August was a wave 1.
But since seeing 5 up complete I was sus on the W1theory.
If ETH would've complete 3 waves up into a 786% retrace that would've sealed the W1 theory.
So now likely we are in a daily TF zig zag and should look like this chart I'm sharing.
ETH has lost my 1 fib extension level & now looks like ETH will hit the 618% fib retracement level, which makes the 5 up an A wave not a wave 1.
If the 5 up nuked into the 786% more quickly I would say that run up to $2,000 in August was a wave 1.
But since seeing 5 up complete I was sus on the W1theory.
If ETH would've complete 3 waves up into a 786% retrace that would've sealed the W1 theory.
So now likely we are in a daily TF zig zag and should look like this chart I'm sharing.
If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
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If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.