Updated

ETHUSD, H2

I suppose, the growth is delayed. Current structure still can be an impuls only after sweeping move above 630 on high volumes.
But. More realistic would be a continuetion of a flat like I sketched out. Because volumes on top 3 cryptocurrencies are very low, it doesn't look like before the growth. Also alts made zig-zag correction from the lows of 28th of May. And even more alts made impulses downwards 4-5 of June.
Still some small growth can be in this case, but without significant changes in the essence.

Note

Thanks for all your comments, guyes. And girls, perhaps.
Upward impuls structure was broken at midday June, 4. After that all targets of a decline is only my predictions.
Initial decline started with a-b-c correction. I circled it out and enlarged in attachment. Help me mark it as impuls. Because of this the whole structure from the top is rather corrective than impulsive. So, I think some flat onward is more likely, than straightforward decline.
pasteboard.co/Hpiiroz.png

Note

Full scale impuls happened from 3th of June. In accordance with general idea (zig-zag)

I think we will see one more decline

But there are many complex structures (W, X, Y), so the whole layout is not the most reliable.
In general, I think crypto is in downtrend

Note

On green wave 5 completion sale at any level

Note

Possibly, this is it - the start. Last high was made with low volumes. Wave 5 could be the failure. Or we will see something like a diagonal triangle. Anyway, I sold.

Note

Correction is in process

Note

VT-2

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.

VT-2