Ethereum into a zig zag fall. Price broke resitance of the corrective wave blue abc after have beeing rejected at 1789.00 by 0.5 fib retracement of wave A . Now I think we are into the wave 1 form the wave C impulse that will end zig zag correction. Maybe one more leg down to take this end of wave A at 1420.80 and than it will enter into a corrective move to the upside to form the wave 2. Wait for the correction to enter short for the 3rd wave of this C wave. I will update this count and i will point the enter on a short position after will see the correction. If you like my analysis subscribe for future updates and hit the like button. Good luck!
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Falling wedge,break out and we enter into the upside correction that may be wave 2
i did close my short on ETH and am scalping long for that C wave (with Stop loss of course), but these indicators are oversold in small timeframes. Great work
Cross10XSignals
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@peterbhc, Thank you peter! You are doing a great work too! I am keeping short a little bit I think it will take that low of wave A
peterbhc
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@Cross10XSignals, I think you are correct and that 1450 stop loss hunt will happen very soon.