ETHUSD on Daily Chart - Clearly the failed impulse at the end of the ABC Correction has now developed into a WXY correction.
And Y is currently in development. The possible zone for Y is indicated in the Red region between 0.382 to 0.65 of the major wave Fibonacci Retracement
And Y is currently in development. The possible zone for Y is indicated in the Red region between 0.382 to 0.65 of the major wave Fibonacci Retracement
Trade active
ETHUSD on 4-hr chart : Still bearish, breakout to Median where the 0.618 Fib is located for the completion of the 5-subwave for the WXY correction before the reversal. On a weekly chart, if this happens then the candle will either be a Hammer or a Dragonfly Doji which increases the chance of reversal. But Y must be achieved first. Trade active
Trade active
ETHUSD CHART needs to go down to 78.6% retracement before it can be oversold and then pierce through the RSI trend resistance (ORANGE). This is what I feel. Trade active
ETHUSD Daily Chart Log Scale has broken the 1.0 Fib Channel Support Trade active
LIKELY BUY ZONETrade active
ETHUSD jumps out of the accumulation phaseTrade active
Looks like ETHUSD will get up to (X) of WXY(X)Z. So expect a reversal and dip next to the 300-400 in the next few weeks 
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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.