So I have been talking about the 535 corrective pattern on ETH (labeled ABC) and it seems to be working out just like the playbook.
The projected targets for wave C are; 100% or 161.8% of Wave A, OR 161.8% of wave B.
i will be hoping for the 161.8% of wave B option as 100% of wave A takes us well beyond $0
There is even a bear flag projection targeting it there in Yellow.
The projected targets for wave C are; 100% or 161.8% of Wave A, OR 161.8% of wave B.
i will be hoping for the 161.8% of wave B option as 100% of wave A takes us well beyond $0
There is even a bear flag projection targeting it there in Yellow.
Comment:
If we cant hold above $55 then a fall down to $20 will be likely.