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iv41879
Nov 2, 2022 1:05 PM

ETHUSD, after correction another huge drop is expected Short

Ethereum / TetherUSBinance

Description

After this 3-4 correction is finished we are expecting another huge drop for final wave 5 madness...

Buy region has been determined based on wave 1 levels from 2019 based on idea here:

Comment

Maybe complex 3-4 correction is still in play

Comment

Very nice price action on local top... let's wait to see if we will see panic sell off in wave 5... I will be accumulating already just a bit below wave 3. :-)

Comment



Just for the record :-)
Comments
WicktatorFX
Bitcoin - similar
WicktatorFX
Hey brother, you're bang on. The 4th wave correction is a more complex one than i initially thought. Your chart is perfect

iv41879
@WicktatorFX, Thank you bro... I learned all by studying your ideas :-)
averkie_skila
@iv41879, It looks like this model is in play.
polarity
@WicktatorFX interesting wave 4 on this chart. I am curious to see how this play out. if your theory on wave 4 play out. this would create another bull trap and form a pretty long corrective 5th.
WicktatorFX
MATIC looks perfect
iv41879
@WicktatorFX, Yeah, Matic is great example... thanks... and very good project in general. One of the coins I am accumulating :-)
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