Petros

ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - irregular wave B

KRAKEN:ETHXBT   ETH / XBT
402 views
2
Looks like we're stuck in wave B of correction (of wave 4). This is an irregular (triangle) wave B - there are 5 waves in it ( a-b-c-d-e ). I've added two arrows to point out how such a wave B looks like, because it's rather rare. The end of wave 4 seems nowhere near, it can take whole April until it finishes.

Comments

This post is a bit old at this point? But how do you think it plays into the current picture? I'm considering that the last swing low was not the completion of wave C but rather this recent pump is the B wave of the corrective pattern. You seem adept at EWT, appreciate your feedback.
Reply
Petros phlogistax
Hi. Have you got any thougths to support the ide that this is NOT the end of wave IV and the beginning of wave V? Wave C fullfilled all the requirements to consider it complete in my opinion.

Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out