ETH- Insight on the current Ethereum situation

FTX:ETHUSD   Ethereum / U.S. Dollar
Hello traders,

As you can see, today we re on eth, and because it correlate a bit with BTC , you can combine this analysis with my previous one (even though some volatility may differ, with ETH being more volatile)

Anyway, so we can notice a drop, and it might go until 4 different objective :

- 61.8 % at 1762
- 100 % at 1665
- 123% - 127% at 1610/1590, which is a relatively strong one

I will leave your with screenshot of how I made up this analysis with the Fibonacci tools, and go play around with the chart in order to understand how I am reasoning.

BTW, I made a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested

Don't hesitate to comment and check my other ideas


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