Like I analysed earlist this morning about
BTCUSDT
and
NEOUSDT
, there is some downtrend for
ETHUSDT
. So again for this market also we could see a huge 5 waves downtrend. So that's right. The 5th leg of this downtrend impulsive wave is not finished and the little pullback that happend 2 days befor, was just a 4th wave of the last 5th wave. It's a little bit comlicated and I know. But I believe to Elliot waves power and almost of my ideas come from. So in my opinion if the price goes up to 2170 so I can say the bearish market is finished, if not the price drops to 1600 USD or maybe more down to 1300 USD. So if you take the long position be aware of the complicated game of sellers.
If you enjoy my idea please follow me for more ideas and analyse.
If you have some questios please let me know.
Thanks for your attention With my best regards.
BTCUSDT
and
NEOUSDT
, there is some downtrend for
ETHUSDT
. So again for this market also we could see a huge 5 waves downtrend. So that's right. The 5th leg of this downtrend impulsive wave is not finished and the little pullback that happend 2 days befor, was just a 4th wave of the last 5th wave. It's a little bit comlicated and I know. But I believe to Elliot waves power and almost of my ideas come from. So in my opinion if the price goes up to 2170 so I can say the bearish market is finished, if not the price drops to 1600 USD or maybe more down to 1300 USD. So if you take the long position be aware of the complicated game of sellers. If you enjoy my idea please follow me for more ideas and analyse.
If you have some questios please let me know.
Thanks for your attention With my best regards.