ETH's ABC corrective pattern

I see that we are now in impulse wave 2 of corrective wave C with a target $550-$510.

A higher high (above $1170) is required to void this theory.

You are responsible for your decisions in this volatile market.

評論: There is a very large Bear pennant forming. A break below sees the pennant target align with the .78 fib retracement of the overall weekly bull rally.

Could be some serious selling action on the cards soon.

A break to the upside and a higher high is still required to void this theory

評論: actually the pennant targets are more like this