Ethereum - 08.12.2022
The market structure is defined by counting the elliot waves, the plan is to see one more impulsive wave to the up.
We are probably in first impulsive wave or in the A corrective wave.
From the price action point I am looking to see wick under the buyside liqudity.
RSI is needs to get one more high before the exhaustion.
Volume looking pretty heavy in the lower bottom area of structure.
We are probably in first impulsive wave or in the A corrective wave.
From the price action point I am looking to see wick under the buyside liqudity.
RSI is needs to get one more high before the exhaustion.
Volume looking pretty heavy in the lower bottom area of structure.
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