Ethereum -Completing Subwave b of ATH Wave B

COINBASE:ETHUSD   Ethereum / U.S. Dollar
From All Time Low to All Time High, Ethereum has completed a cardinal primary impulse and is currently in ABC retracement. From low to high the bottom of A Wave fell within the Fibonacci Golden Zone between the 0.618 and 0.764 levels. After having completed a a cardinal impulse it is currently completing subwave b of B wave. A 0.5 ratio of A Wave down gives a projected high to the top of B Wave at 1004.85. Completing B Wave would lead ETH to retrace back into the range between the 0.618 and the previous low of A Wave. - Junior Lancaster, CWN Analyst
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