eoe89

eoe89

I am expecting a correction ABC to happen soon based on this Elliott Wave analysis. Declining volume and RSI divergence indicates exhaustion of the rally as well. -Correction to start somewhere in the red zone if not started already. -Target to look for re-entry long at around 20-22k Please share your thoughts and feedback.

eoe89

Looks way overbought looking at the RSI, so I expect a correction soon.

eoe89

Hi team, My opinion is to short ETH for the next few days as its nearing a price correction after a strong rally. Option 1 on the chart shows retracement back to 0.382 FIB and a mid June 2021 $2640 level. Rebounding after to rally further up. Option 2 on the chart shows retracement back to 0.618 FIB territory and a strong support at $2400, which is also July's...