ETH made a parabolic move up that last couple of years and now we are correcting whole of that move. Corrections don't end so quickly. They are usually time consuming. If this correction is in the same degree as the parabolic ascent, we are not done yet.
I'm seeing this as WXY double wave combo of zig zag - flat - zig zag. Since we broke the low of W this can either be an expanding flat or running flat. I have only shown the running flat scenario here, but its very possibly for eth to break the previous high of A to form an expanding flat before going down to double digits.
Looks like BTC and ETH giving similar count on D1, Here is my BTC Idea from the middle of the month, My analysis hasnt changed and am still going with that, look in the idea details for full rundown
Kgear117
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I've seen this a few times now, and I am hopeful of this.
Dion_Dimucci
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Cheers legend ^_^
WealthHustler
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What do you expect first? $170 level or $600 as per your current analysis ?
Kgear117
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Do we have anything for confirmation along the way here? Anything we can sort of compare to as it progresses?
kryptowavetrader
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@Kgear117, massive div for quite some time on HTFs. It will be very sharp impulse up like the A wave.