ETHBTC has been showing strong upside momentum so far. Now the price pattern looks like forming a running triangle as corrective wave 4.
Wave 3 traveled a distance of roughly x1.618 of Wave 1. Therefore, there is a chance that Wave 5 could be extended. Triangle formation is often a precursor for a large move.
Wave 3 traveled a distance of roughly x1.618 of Wave 1. Therefore, there is a chance that Wave 5 could be extended. Triangle formation is often a precursor for a large move.
註釋
The price has already breached upper line of the triangle. So far, the price action looks good.
I trade forex, cryptocurrency, stock, futures mainly based on Elliott Wave principle.
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I trade forex, cryptocurrency, stock, futures mainly based on Elliott Wave principle.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。