ETH is in the correction wave ABC.
Wave A is end at 3960 and wave B at 4770, so wave C is done? That's is the question!
Wave C = 1.618 Fib wave A. That's right. This is a golden ratio in the correction zigzag wave.
But I think wave C is about to bounce over the level 3350 before
ETHUSDT come back the race.
The 3rd wave of Wave C is done at 3500. The 4th is progressing to 4300 - 4450. Finally, the 5th wave is hit 3350 and mark the end of the correction wave.
Time will tell
Wave A is end at 3960 and wave B at 4770, so wave C is done? That's is the question!
Wave C = 1.618 Fib wave A. That's right. This is a golden ratio in the correction zigzag wave.
But I think wave C is about to bounce over the level 3350 before
ETHUSDT come back the race. The 3rd wave of Wave C is done at 3500. The 4th is progressing to 4300 - 4450. Finally, the 5th wave is hit 3350 and mark the end of the correction wave.
Time will tell
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Related publications
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.