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imkeshav
Aug 27, 2020 6:52 AM

ETH - Possible drop to $330 or lower Short

Ethereum / U. S. DollarKraken

Description

Considering that we are possibly done with 5 waves, the drop is assumed to be an ABC and it also forms a Head and Shoulder pattern whose minimum target is $307

Invalidation: $410 (B top)
Confirmation: Below $375
Target 1 : $335 - 0.382Fib + A=C
Target 2: $310 - 0.5Fib + HnS target + C = 1.618x of A

All the best
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