Looks like ETH is going to go down again. At first, I thought that low of 18th of August was a failure and mid term down movement was over. But since that date structure is corrective, so, it has to go down again. Now of after some more flat movement in wave two (grey wave 2). I am trying short position. Close-up view:
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Don't see impuls down. Think, correction will continue
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Short from 290 with s/l at 301 looks like a good opportunity.
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ETH seems like wants to go to some correction as bitcoin does. At least correction.
Just don't get all the moonboys coming back in this weekend........ I see ETH going down to 200 or even 160 before a real bull run.
Same goes for BTC and most of the alts.
Same goes for BTC and most of the alts.