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ThePuma
Feb 5, 2020 5:40 AM

Ethereum Long Term Structure 

Ether / United States DollarCoinbase

Description

I've talked a lot about Bitcoin and the structure that we could see play out on it long term, but I haven't posted one for ETH. Here's an idea that plays out similarly that would suggest continued correction. There should still be multiple pivots that can be traded, but true alt season must wait. There's been massive gains recently to be enjoyed and we should still have a bit more room, but potentially a pullback first.
Comments
wesley123
Hello SeanNance,

Do you still think Wave C downward is in play?
ThePuma
@wesley123, It's playing out in a different structure. We are currently in a move similar to the C up on the right. The big one to 600s. Then we should have a larger pullback.
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