ETH Moving as Collateral...Crypto Punch Bowl Refilled

By ridethepig
Updated
A good time for an update to the ETH chart with the start of Q4.

For the map, what are we tracking? A textbook ending of a 5 wave sequence and a live transition towards an ABC corrective zigzag. Markets are heavily supported with the infamous "Bakkt floor" :

The "Bakkt" Floor


The moves in Bitcoin will be enough to carry ETH as collateral, expecting the Crypto punch bowl to be refilled over the next few sessions as we rally into year-end.

Good luck all those on the buy side in ETH!
Comment
No changes to the flow, all targets remain the same
Beyond Technical AnalysisBTCBTCUSDETHEthereum (Cryptocurrency)ETHEURETHUSDethusdlongethusdshortTrend AnalysisWave Analysisxbt
ridethepig