ETH-BTC Ethereum Elliott and Fibonacci structureThis study shows the Ethereum market against Bitcoin in terms of Elliott waves on a grid of Fibonacci trend lines generated from major price points of the market.
This highlights the distinctive triangular structure of trading for several years after the initial impulse of Ether to a Cycle high price.
Ever since printing the initial Cycle wave I, it has traded in a corrective pattern of a running flat with consistent internal 3-3-3 composition (ABC).