ridethepig

ETH Moving as Collateral...Crypto Punch Bowl Refilled

Long
COINBASE:ETHUSD   Ethereum / U.S. Dollar
A good time for an update to the ETH chart with the start of Q4.

For the map, what are we tracking? A textbook ending of a 5 wave sequence and a live transition towards an ABC corrective zigzag . Markets are heavily supported with the infamous "Bakkt floor" :


The moves in Bitcoin will be enough to carry ETH as collateral, expecting the Crypto punch bowl to be refilled over the next few sessions as we rally into year-end.

Good luck all those on the buy side in ETH!
Comment: No changes to the flow, all targets remain the same

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