Class A regular (strongest, trend reversal) from bull to bear e.g double top
Class B hidden (continuation) e.g. Wave 2 finished
Class C exaggerated (trend slowdown, reversal possible) from bear to bull e.g. Wave 4 or ending diagonal abc correction after wave 5, double bottom
ETH possibly forming a bearish butterfly. In bullish times this could break to the upside because of FOMO and short squeezes and see much higher prices as well.
ETH is at a typical range resistance and possible a short opportunity, followed by a long trade down at the fib support
Setup:
Bearish DV 2h
MAC D green Momo decreasing
RSI bullish zone possible rejection
1.382 Wave target met
Bearish crab harmonic leads a possible way up to 29k.
By Spring, Summer next year and a violent bearish correction to the golden pocket at around 9.6k.
This Retest of the 10k level will give BTC a chance to enter much higher levels if supported.
could be a huge beartrap, and we are going soon to higher highs.
don't think about how much a btc costs today. it is now the time to buy some for an affordable price.
maybe soon, 0.1 BTC will cost you a house or you can buy one with it.
/no financial advice
As soon as the 100 MA will cross 200 MA, we might repeat the very bullish indicators from last years.
100 MA needs to cross 200 MA, right now, it looks like sky rocketing and approaching the crossover.
It might surprise a lot of people, if all moving averages will stay above the 200 MA.
What do you think guys?
None financial advice!
