Ethereum Outlook Contains Bearish Sentiment with Advanced Count
Ethereum to Bitcoin pairing illustrates long-term bearish sentiment after completing a perfect Elliot Wave count that falls into the Basic Principals of the 3rd and 5th waves each containing an advanced count of sub-waves.
Typical ABC correction is impending through the distribution phase of Wyckoff Theory with mark-down.
Buy-in zone within the 50% retracement level and the .618 - .65 golden ratio of Fibonacci.
This is a long-term correction over the course of two months.
Typical ABC correction is impending through the distribution phase of Wyckoff Theory with mark-down.
Buy-in zone within the 50% retracement level and the .618 - .65 golden ratio of Fibonacci.
This is a long-term correction over the course of two months.
Disclaimer
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.