ETH completed an expanding flat structure which I was discussing my previous post. The expanding flat here is forming the X wave and expecting another Y wave down to atleast retest the lows of 2018.
I believe the temporary bottom for ETH has already been made and now we will go back and retest.
There is a possibility of new lows too be formed but I don't see it going a lot lower.
With that being said, I will be looking to buy on the revisit of the yearly low.
Currently, its a good short setup with a target near the lows.
I believe the temporary bottom for ETH has already been made and now we will go back and retest.
There is a possibility of new lows too be formed but I don't see it going a lot lower.
With that being said, I will be looking to buy on the revisit of the yearly low.
Currently, its a good short setup with a target near the lows.
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