This chart correlates with the dominance analysis. Note the triple bearish divergence on RSI, which has never been on the chart in history. This correction is called Expanded Flat. In this correction, the largest wave (b) is that exceeds the fifth wave. In expanded Flat, wave (c) should return at least 138.2% of wave (b), equivalent to $ 17.51. There Ethereum could have a potential bottom.
Excellent, but you have a typing mistake! You said "wave (c) should return at least 138.2% of wave (b)".. I think you mean 138.2% of wave (a), cheers.
Cryptomania2363
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This post won’t age well
fahribek
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@Cryptomania2363, you recovered and started again! I thought you quit after "It's never going to 3k again - commitment". LMAO.
VT-2
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That looks nice, also was thinking about this option a month ago. Now treat it as not very realistic, but still possible. If it works, that would be the best buy signal ever
trademysoulforpennies
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Dang
Numetric
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I completely agree, see
I'd like your thoughts on the macro from inception to current with this analysis.
rconlon821
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@quadran7, I have the same numbers. Looking at this very similarly.