This Entire chart is a text book visual of the pattern known as "Double Zig-Zag"
ETHFI finished it's first A-B-C correction after ending the first impulse.
What you see after the crash is an empty desert, means nothing, an interrapting wave which will be needed to form another A-B-C, you combine that with previous one and congrasts, you have the double zig-zag. Bonus: Now you also know why it needs to move a little bit up before it crashs!
ETHFI finished it's first A-B-C correction after ending the first impulse.
What you see after the crash is an empty desert, means nothing, an interrapting wave which will be needed to form another A-B-C, you combine that with previous one and congrasts, you have the double zig-zag. Bonus: Now you also know why it needs to move a little bit up before it crashs!
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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.