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JWagnerFXTrader
Jun 18, 2020 10:09 PM

ETHUSD 15% Correction | Elliott Wave | Jeremy Wagner Short

Ethereum / DollarBitfinex

Description

Ether is primed for at least a 15% correction.

After a completed impulse wave, I am anticipating a corrective structure down to $150-$200. This would represent a 15-35% correction depending on how deep into the box it corrects. Longer term HODL'ers will have an good opportunity to buy at these lower levels.

Of course, no guarantees this will happen. I'm using Elliott Wave as a frame work for determining market trends and hot spots for my crypto friends.
Comments
gofordaggers
No volume on that bounce just now.
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