discobiscuit

ETHUSD evening update

INDEX:ETHUSD   Ethereum
Price action since 13 April low has been a hot mess, with an impulse wave tucked weirdly in the middle... I think an Elliott Triangle Wave is most appropriate here.

This bearish count presents an opportunity if ETHUSD stays below 3221.36. Wave (5) would approach but not break below 2189.13 to complete a leading diagonal ((1)) or A wave from high of 4090.44.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.