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calumon
Jan 18, 2018 5:29 PM

Ethereum (ETH) will be in a downtrend for a while Long

Ethereum / BitcoinBittrex

Description

Ethereum is a coin which didn't see it's all time high since a June 2017 but was pushed recently. Thanks to this push, we can build the top of the flag it is in. This also means that it is still at a top!

For now, the indicators are at some high positions. We should move down according to them.

It might take months until it reaches the point of breakout - during this time it may have some corrections without leaving the flag. But it would also mean that BTC would perform better.

Good luck
Comments
Doc-al-Citadel
think it will correct pretty quick almost certainly within a few weeks but my guess it it's up soon
whoisthelorax
short wave 5 or simply part of wave 4 corrective structure?
whoisthelorax
nevermind, i see that if it were wave 4...it would've dipped well below wave 1's top.

So would you say this entire move up to .15 btc was wave 1? and that we still have wave 3 to come?
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