ETHUSDT - Elliot Wave Analysis
It seems that we are in the Primary Wave [2] correction, which seems to be doing a non-standard pattern (ABCXABC).
An alternative count is that the Primary Wave [2] correction has ended, being a normal Flat pattern (ABC) - in green.
In both scenarios, the end of the Primary Wave[2] correction can be confirmed when the purple channel line is broken.
An alternative count is that the Primary Wave [2] correction has ended, being a normal Flat pattern (ABC) - in green.
In both scenarios, the end of the Primary Wave[2] correction can be confirmed when the purple channel line is broken.
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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.