Just playing around with some Elliott wave analysis on the ETH chart. Drew some Fibs as well, as we hit some good levels, but they were messy on the chart, so took them out. If you want to draw them yourself, just take the wave 1 as the base and draw the fibs.👍
There are 2 possibilities as I see it. Either we have completed 5 waves, or we have completed the 3'rd wave. The break of the white trendline should act as confirmation of the end of the wave.
Trade at your own risk.
There are 2 possibilities as I see it. Either we have completed 5 waves, or we have completed the 3'rd wave. The break of the white trendline should act as confirmation of the end of the wave.
Trade at your own risk.