Ethereum (ETH) - Possible upcoming scenario

Hey Guys,

This is how I see the evolution of ETH in following Days (But this is CRYPTO so mapybe in next few Hours :) ).

Let´s get to it:
I am receiving simmiliar signals as from BTC and belive in completition of final 5th Elliott Wave around 0.7860 level (4hr chart).

The reason is simple - One to rule them all (BTC) is setting the rules of the game and all my predicitons will always consider possible movement of BTC as first.
I am strongly bearish on BTC and therefore expect the simmiliar scenario for ETH.

Buy Zone potential around 505 - 490 USD.

If You have any comments, or have a different idea, please leave a comment.

We all learn all the time and sharing knowledge is the best way to improve ourselfes.

Thank You for Your time!

Marek

Comment:

BTC is the KING right now and even mighty ETHEREUM is under his will. Therefore pay attention to potential small bounce at around 525 USDT (61.80% Fib).

If this support will not hold than our buy zone target still remains active - 505 to 490 USD.

Have a nice evening!

Comment:

ETH completely slaughtered! We´ve broken our huge support around 500 USD and go down.

Next stop around 420 to 400 USD.

I would use this for quick trade, long positions are not the good way right now.

Be careful out there!