cryptnomic
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ETH - Very short term correction to 530$-540$ (Very short term)

BITFINEX:ETHUSD   以太坊 / 美元
ETH has completed 5 waves and is due for a short term correction down 530-540$ range between 0. 5-0 .618 fib levels.
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手動結束交易: Closed 543 +3% profit
Looked over a few of your ideas, very nice work. Was curious what you have for a count overall on this ETH downtrend.
This is what I have at the moment.
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sayidre Mycomorel35
@Mycomorel35, Same count.
Nice!
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cryptnomic sayidre
@sayidre, I see it as 1-5 down. with us putting in the 4th wave now.
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sayidre cryptnomic
@cryptnomic, My Second esc. WXYXZ correction. I Lost a SP cause enter to early, I'm shorting from $770.
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cryptnomic sayidre
@sayidre, i dont think its wxyxz correction because waves more of impulsive nature than a corrective nature. They just rip to the downside. I think it will go back up soon to retest the previous high before dropping more. I see ETH going to around $450. Check my other idea on ETH
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sayidre cryptnomic
@cryptnomic, no matter what... you and me are near to the objetive, $407 ~ $430, maybe $416... but is you want to "add more" on $650, your count is wrong. Check your count 1,3,5.
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then a bounce back to 600?
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cryptnomic soetrader
@soetrader, yeah bounce to around $620 after this.
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chrischoo cryptnomic
@cryptnomic, what about the C leg down?
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cryptnomic chrischoo
@chrischoo, yes after the C - leg down. Its complete now.
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