madwarrior

ETH Current Wave 4 Correction and Possible Scenarios

KRAKEN:ETHUSD   以太坊 / 美元
ETH is currently undergoing wave 4 (correction) that was expected in my previous post. Following this correction, there is a possibility for a 3rd actionary wave (impulse sub-wave 5), which might encounter heavy resistance from the long-term downtrend.


The correction is likely complete above the 910 support level (marked by the olive line, 0.5 fib), which is also the beginning of wave 1 territory. There