REQ/ETH Elliott Wave Analysis
This was definitely not an easy analysis. We first got a 5 wave impulse that topped out on the 6th Jan, followed by a bearish 5 wave impulse to the downside. As long as price doesn't break below 38.6k, REQ/ETH may have set itself up for the next 5 wave impulse. The chart trades surprisingly technically - you can identify many pivot points aligned to Fibonacci.
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.
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.