ElliottWaveStats

ETH-USD has 90% Top Probability at high of 228.08

BITFINEX:ETHUSD   Ethereum
The TARGET SHELL is pointing to 187/184 zone. Top Technical Probability is about 90%.

When Technical Analysis is empowered by using Statistic Principles over the serie, besides it being able to be translated into probabilities, it also lifts the Elliott Wave basic principle which is Social Mood. Because math chances show the persistent Trend Sentiment of the market, it means that, once a high math chance has showed up, if it fails at first, it tends to repeat itself a little above or below (depending on being a top or a bottom) until be succeeded. Therefore, when a persistent high Top/Bottom probability is seen in a chart, it is the social mood of the market telling that trend is about to change.

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