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Joseph_King

ETH Elliott Wave Idea

ETHUSDT SPOT (BYBIT:ETHUSDT)  
Joseph_King  
BYBIT:ETHUSDT   ETHUSDT SPOT
Trend Analysis Wave Analysis Elliott Wave ETH ETHUSD ETHUSDT Ethereum (Cryptocurrency) crypto Cryptocurrency
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trendanalysis waveanalysis elliottwaves eth ethusd ethusdt ethereum crypto cryptocurrency
An idea on ETH that the recent low at $1700 might be the bottom for now after completed an ABC (as part of a larger WXY).

1. B wave hit the 0.382 retracement level exactly
2. 5 waves down within C wave that match the MACD histogram
3. Bullish divergence on the 5th wave

There is an alternative 5 wave pattern posted in below screenshot where wave B is wave 2:
snapshot

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