Ethereum / Bitcoin
Long

Start of Eliott Wave 3 on ETH/BTC on the weekly?

276
According to Eliott Wave theory, we could be at the beginning stages of a Wave 3 impulse wave.

Wave 1 started at the bottom in September of 2019. We have 3 peaks making higher highs. We have 2 corrections making higher lows.

Wave 2 corrected in the ABC pattern with 2 moves down and a peak lower than the peak of wave one.

Let me know what you think.

Target, according to the theory, is the 1.618 Fibonacci extension of wave one.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.