Ethereum / Tether USD
Short
Updated

ETH Bear Scenario

235
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ETH could drop from here giving us a wave 5 to the downside. We pushed to the upside, finished our ABC, retested the channel and the golden ratio on the fib retracement and fib speed.

I see a lot of people getting excited from this pump which could mean that they will get liquidated.

This scenario could change then we'll shift to another wave count. If we break 1.5k we should continue till 1.8k at least.


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What do you think?

Good luck traders,
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Not financial advice
Manage risk and leverage
DYOR

NajjarTrading

Note
Wave 5 in motion...

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