this is an possible path that eth/usd can take today, last big correction before the last big leg down in my opionion.
the correlation between eth and btc is very clear, so like you can see the paths i draw are almost identical (link for btc is below)
the correlation between eth and btc is very clear, so like you can see the paths i draw are almost identical (link for btc is below)
Trade active:
just like btc eth is following elliot very nicely;)
Comment:
Just like with bitcoin in this count i was expecting a bigger correction which did not play out.. It was just a short correction which was done by the red A. I will update my count tomorrow or probably open a new trading idea with a detailed count
the b wave hit my target, now lets see if the c wave will do the same