I wanted to give everyone a outlook about what's gonna happen in ETHUSD in the next months and years. It shouldn't suprise anyone that the ATH in ETH (@1420$) was indeed a Wave 1, the horrible correction which followed was a Wave 2. In the last two years we then formed a solid 1-2 1-2 which sets us up for a stable bull market.
If you have any questions regarding long term Positions or a more detailed outlook, feel free to contact me!
The complete Elliot Wave Count can be found on the chart, i also marked the Targets of Wave 3.
I will look for a Long Opportunity as soon as we correct to the 0.5 and 0.618 Retracement.
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.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Also on:
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.