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KassandrA_dotcom

ABC correction with H&S pattern ?

Short
Ethereum / Bitcoin (BITFINEX:ETHBTC)  
KassandrA_dotcom Updated   
BITFINEX:ETHBTC   Ethereum / Bitcoin
Trend Analysis Harmonic Patterns Wave Analysis elliottwavecorrection Ethereum (Cryptocurrency) btceth Cryptocurrency correction
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trendanalysis harmonicpatterns waveanalysis elliottwavecorrection ethereum btceth cryptocurrency correction
ETH/BTC looks for a correction.

I think a correction to 0.065 area is possible before the next run to new high.

BTC/USD is still in bearish cloud even if there was a strong rebounce as expected at 9k, so i'll would be prudent about holding ETH in the comings days.


As always, it's only my opinion. I'm not a financial advisor.


Trade closed: target reached:
Well after one more pump in the last month, ETH/BTC reached my exact target. If we break the 200 MA then the correction could be extended to 0.055 area.

Have a nice day.
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