Was tracking the growth since sep.19 as impuls, but it ended up with failure. So, main line now is zigzag correction. If correct and we see initial impulse down, this may cause strong correction for ETH vs USD to 800-1400$ in next 2-6 months.
This is true only if there is a downward lead-in impulse. Because what is now seen as failure, can be part of ongoing extension of blue 5.
This is true only if there is a downward lead-in impulse. Because what is now seen as failure, can be part of ongoing extension of blue 5.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.