ETHUSD / NAS100 Bullish Forecast
NAS100
We are trading in a bullish trend overall but on a smaller scale we will see fractals which in this case is an impulse move. We are trading at a 4th wave phase soon we sill see wave 5 completes soon before seeing the bigger pullback. Whether the 4th wave will move from the 38,2% Fibonacci level or the 50% its hard to tell but either way that doesn't dismiss the bullish idea we know that waves 1 and 4 never overlaps therefore we know where the invalidation is.
ETHUSD
Crypto currencies are all at discounted prices its more likely we will see then rise in value. From a technical view ETHUSD is trading in an impulse move similarly to NAS100 we are expecting a 5th wave completion.
We are trading in a bullish trend overall but on a smaller scale we will see fractals which in this case is an impulse move. We are trading at a 4th wave phase soon we sill see wave 5 completes soon before seeing the bigger pullback. Whether the 4th wave will move from the 38,2% Fibonacci level or the 50% its hard to tell but either way that doesn't dismiss the bullish idea we know that waves 1 and 4 never overlaps therefore we know where the invalidation is.
ETHUSD
Crypto currencies are all at discounted prices its more likely we will see then rise in value. From a technical view ETHUSD is trading in an impulse move similarly to NAS100 we are expecting a 5th wave completion.
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