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cheesywedges
Feb 28, 2021 5:39 AM

Study of Elliot Wave on ETH, retracing to $900 Short

Ethereum / TetherUSBinance

Description

I am picking up Elliot Wave theory and applying the wave rules to ETH. I am following the rules set on wiki for Wave 1-5 and looked further on the Wave A-C elsewhere. From the theory and rules, we already hit Wave 5 and starting our Wave A. I projected Wave A-C based on the fib levels. Looking at the rules we might be retracing back to $900

All criticisms welcome :)
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