CryptoNugs
Short

Last leg until the final part of the correction in ETH

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
I did a bunch of Elliot wave analysis.

The points are my price targets, time is more up for debate.

If anyone has criticism, please by all means share. I'm learning more and more very day.
Thanks! I should clarify at B is when drop resumes, which is imo the last leg of the correction.
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looks nice but doesnt show the fact that its about to fall
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CryptoNugs therealchrisaee
@therealchrisaee, could you explain how you knew it was going to fall so drastically before the B target?
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@CryptoNugs, Takes great study b
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@CryptoNugs, you need to do analysis on the higher timeframe...try the daily...then zoom in ..4hr, the 2hr, then 45min, then finally u can use the 15 min and the lower timeframe for entry
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i actually did this one yesterday,..follow me... we were in a downtrend so u look for impulses down..u cant just draw lines and call it elliot wave...i used to do the same thing...u should be lookign for impulse moves in the direction of the trend..and remember ew only works on impulse.,...also ew should be used with everythig.....support and resistance should be drawn first...i trade on 100x leverage so my analysis has to be right or im screwed @CryptoNugs,
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CryptoNugs therealchrisaee
@therealchrisaee, Thank you! I'm not trading with much volume so I think I must be not 100% looking. I appreciate the advice, because I do find myself going in the micro and ignoring the longer time frame trends. Followed!
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@CryptoNugs, fOR SURE MY friend. remember the longer timeframe is what determines which direction to go in on the smaller timeframe... if i were u i would start with the 1hr then dont go far as the 2hr...draw support and resistance... then go in smaller tf
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