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garyfung
Dec 29, 2018 8:55 PM

$ETHUSD: 2 paths point to coming (2) bottom at 102.13/99.81/94.9 

Ethereum / DollarBitfinex

Description

(1) started at *recent* bottom of ETH at 83.

Breakdown below 94.9 invalidates this potential 5 waves setup for further down channel slide below 83.

Comment

(ABC) looks much more expanded now, with previous (C) is now new (A) and new (B) hit a double top with larger wave (1).

I now target (C) with 1.236 of AB, at $106.

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