tempusfire

ETH elliot wave projection

Short
tempusfire Updated   
BITFINEX:ETHBTC   Ethereum / Bitcoin
General projection on ETH. Ridiculous C clamp on it, honestly expect a 80% retrace on it. 61% zone might bounce, but I'd wait to see if bounces there before buying. Bottom box is ideal buy.
Comment:
still expecting ETH to bounce off .12 and go lower to blue box, maybe just the dark blue one though.

no real change

personally wouldn't actually short it @ .12 when you can grab easy longs on alts though - BTC support held; we are still a bull market!
Comment:

here is an alternate path if .12 is smashed

I'm very bullish on everything again since I think the market cycle completed and is about to renew. Prep for the pumps- ready your bank accounts.

would still wait for .12 though, C clamp is still scary. There are safer longs than ETH atm.
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