ETH Bearish Scenario

已更新

Assuming BTC develops its bearish tendency and Ethereum not just correcting but also developing and impulse to the downside, we could look at it as an ABC corrective pattern, with the extended C wave being an ending diagonal.

交易進行

1st targets have been reached and we develop a bearish structure as expected, further downside movement is expected

評論

The last move has not brought major changes, was expected as its a weekend and overall its all still inside the same count. However our expected targets to the upside havent been reached yet and they could be reached potentially. This would mean our wave 2 isnt finished yet.