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UnknownUnicorn3397093
Jan 5, 2019 8:06 AM

Ethereum / USD. A Bear!! Is It Possible? 

Ethereum / DollarBitfinex

Description

We have a bearish possibility for Ethereum. after (b)-wave it seems that we have a diagonal which could be leading diagonal ( first wave of an impulse) or ending diagonal ( (c)-wave). If we assume the second possibility, then we should have a close look to the 167.49 level which is the end of the ((i))-wave( note: wave ((iv)) can't reach to the territory of wave ((i)) ). The price has got close to this level but it hasn't reached it yet. So there is a chance that we are facing a bearish trend to create a ((v))-wave. But if price pass the 167.49 level we assume that we have a (ii)-wave which is the second wave of ((iii))-wave's extension.

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