hyryda

ETHEREUM - Consolidation/Wedge (Elliot Waves)

COINBASE:ETHUSD   Ethereum / U.S. Dollar
I see us as being in Wave 4, inside a bigger wave 3 (See image below).

Currently: 5 wave impulse up to complete Point D and then a fall again for Point E and completion of the wedge pattern.
After pattern is complete we will see another rise in the price of Bitcoin/Ethereum.
Comment: Closer Image:

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Comment: **Please keep in mind that i am not giving predictions to where this smaller 5 wave impulse up will end. I will count the waves and determine this.
Comment: Just to make a quick edit, i have rearranged wave B to be here instead:
Comment: Will look at closing soon
Comment: Looking for something like this:
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Comment: I have rearranged the count. Please see here:

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Comment: This smaller wedge looks like it's playing out longer. Could be a blast up from here.
Comment: Look at that crazy wick on Coinbase lol.
Comment: Tricky, Cheeky Bugger.
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Comment: Okay i believe this is the correct one based upon counts.
Comment: What i can think of is this:
Comment: Didn't like this first 5 wave up so i'll go with something like this.
Comment: UPDATED: my new count.
I miscounted the waves previously and i am more certain these are the right ones now.
My apologies everyone. I am more confident about this new set of waves.
What i've realised is that when you're in line with the waves, things feel effortless, calm like the smooth water in the ocean.
When you've got the count wrong and you try to trade against it, it can feel like you're pushing, trying to fight against the waves of the ocean.
It's a feeling and one that i will try to remember for the future so that i can step back, take a breathe of fresh air and come back to the charts with a calm mental state in order to analyse it properly.
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Comment: Re-adjusted blue "abc".
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