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soyelsimo
Mar 17, 2017 2:37 PM

Correction @ ETHUSD 

Ethereum / U. S. DollarKraken

Description

Simple Zigzag or complex correction.
4th waves commonly unfold as triangles. so that's what we should expect. If so, price wont fall below 33.1 for that we'll have to see what happens after the complete cycle is unfolded.

Comment

This looks like a Flat zigzag wave. The last uptrend doesn`t look like an impulse So the 4th wave still unfolding and a C wave would ve comming. Check the related idea.
Comments
tonycasio
very good observation, any updates on this?
soyelsimo
@tonycasio, for now just keep looking. As the prices were below 33.1 that could be the end of A wave. What is sure is that 4th wave is in progress, and this waves are better to look from outside.
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