EthereumShort
ETHUSD - Asleep while BTC skyrockets
Good Afternoon fellow traders, once again we are taking a look at ETHUSD.
I am sure that many of you are uncertain, why Bitcoin had a massive pump and Ethereum did pretty much nothing.
While the answer to this question is definitely not an easy one, i still can count the waves and make calculations about where we are heading.
For now i am expecting that we finished the A-B structure which formed itself since the top @490$.
In the next days and weeks i am expecting a correction which will bring us down to at least 290$ very likely.
However if we should break above 450$ this bearmarket will be over and prices above 540$ won't be very unlikely.
Beware that i don't have any open long or short positions at the moment.
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
ETHUSD.I am sure that many of you are uncertain, why Bitcoin had a massive pump and Ethereum did pretty much nothing.
While the answer to this question is definitely not an easy one, i still can count the waves and make calculations about where we are heading.
For now i am expecting that we finished the A-B structure which formed itself since the top @490$.
In the next days and weeks i am expecting a correction which will bring us down to at least 290$ very likely.
However if we should break above 450$ this bearmarket will be over and prices above 540$ won't be very unlikely.
Beware that i don't have any open long or short positions at the moment.
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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.