ElliottWaveStats

ETH-USD- Top Probability 78%

ElliottWaveStats Updated   
BITFINEX:ETHUSD   Ethereum
My model says that this Bearish counting is not finished yet, so the next TARGET SHELL 265, the current short top has a probability of 78 % to trigger the leg to reach down this TARGET SHELL.

There could be the end of the v of 3 of (iii), it means that two more bearish movements (4 and 5 of (iii)) will be necessary to end the first wide leg of the whole bearish counting, but according with the Theory it has five.
In my experience is easier to take profit at fall than in a bull market, so let´s enjoy it.
Trade closed: target reached

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