The 1 hour chart version of my 2 hour chart for ETH/USD bearish scenario.
Elliott Wave & Fibonacci. Ethereum repeatedly failing to break the 0.768 line on the fib and looks to break down to lower levels, exactly as it did a few days earlier.
Note: I wanted to see how the 1 hour & 2 hour both play out and which will be more accurate. Slightly different candles/wicks/angles on the one hour.
Elliott Wave & Fibonacci. Ethereum repeatedly failing to break the 0.768 line on the fib and looks to break down to lower levels, exactly as it did a few days earlier.
Note: I wanted to see how the 1 hour & 2 hour both play out and which will be more accurate. Slightly different candles/wicks/angles on the one hour.
Comment:
Here's the original 2 hour chart:
