ETH 5 wave corrective cycle 1050 must hold or 300 incoming L@@K!
209
Not financial advice Reasons supporting the drop We have a death cross of 20ma has crossed down under 200 ma on the weekly Currently trading under 200 week MA No. 2- Notice all the green bars that need filled in to the left and also volume profile needs filled in as well. No.3 Overall sentiment in risk on assets is weak and until we have a pivot price suppression will most likely happen. Pretty self explanatory If we lose 1050 we could aim for a target of 300.00 1st quarter early 2nd quarter of 2023. The 1050 is trendline bottom from the 2020 low of ETh and is instrumental to hold Like and follow always #PIK Patience is Key #TLAW Think Like A Whale