in 4H time frame eth draw a 1-5 Elliott impulse waves that 5th wave is achieved resistance zone.
this resistance zone created with:
**below lines created by Robert miner strategy**
line 100% APP wave 1 in wave 4
+
line 38% APP waves 1-3 in wave 4
+
line 168% External Fibo. wave 4
ETH price can go down to 1485$
this price is set in line 50% in 1-5 waves Internal Fibo.
**stochastic in 4H and 1D is Descending**
this resistance zone created with:
**below lines created by Robert miner strategy**
line 100% APP wave 1 in wave 4
+
line 38% APP waves 1-3 in wave 4
+
line 168% External Fibo. wave 4
ETH price can go down to 1485$
this price is set in line 50% in 1-5 waves Internal Fibo.
**stochastic in 4H and 1D is Descending**
Trade closed: target reached:
now we have to wait for an upward signal. If the bearish signal is amplified, targets of 1420 and even 1330 can be seen