See the comments on the chart. I'm thinking ~$110.50 for potential upside until we make a lower low than what was seen in December. Low price target is purely a guess, but I'd expect to see it fall to the range of $50-$75 (not a very concise range, I know, but I'm really not sure how far it will fall - I just think lower). Afterwards, if the RSI plays along we should be positioned for a significant upwards move which will be dependent on the low that we reach.
評論:
To clarify something - I feel more comfortable about the short than the long, the divergence may not play out as it's looking right now and the potentialupside is much smaller than the potential downside.
評論:
At this point I think the likelihood of the long is probably gone and we're heading right into the short.
評論:
Sorry, maybe spoke too soon with that last comment and got too eager.
評論:
Not expecting the bounce to 110 still, just not quite short time. We might see $104.20 or so.
評論:
I think it may potentially be time to short ETH, if this count is correct - extended Wave-1, just completed the Wave-5 and have begun Wave-A
