ETH/USD H4

As per my trading style, ETH seems to have broken out of an ascending wedge and has been trying to find support around the 1550-1650 range. Its unveiled the next possible trend now forming a temporary descending channel following the ABCDE Elliot Wave.

This is just my opinion .

Feel free to comment on your views following this idea as it really helps view what possible outcomes we should expect in these upcoming times