l2xinvestors

ELLIOT’s Wave ABC complete ETH

Long
BITSTAMP:ETHUSD   Ethereum
*disclaimer I am not a financial advisor and nothing I post should be considered as advice. Please do your own due diligence before placing any trades. Follow your rules and stick to your plan. This is my analysis and my thoughts on ETH made shareable to all present.

ETH seems to have completed a full cycle of 8 waves. (12345ABC), with wave C completed we are looking for the beginning of wave 1 to the upside. Wave C is the last wave of correction before the first motive wave in the direction of trend. The best places to enter are either wave 1 or bottom of wave 2 on the small pull back.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.