waveslover

BEARISH WAVES WOULD LAST TO MAKE C?

BINANCE:ETHUSDT   Ethereum / TetherUS
✅ PREVIOUSLY ON ETH
I made the following 2 scenarios after 5 waves formed at 4027.

✅SCENARIO 1(still bearish)
If 3005 A, Fib61.8(2589) is the target.

✅SCENARIO 2(already bullish)
If 3005 is 0, the beginning of the bullish impulse.

✅ WHERE WE ARE ATM
If 3005 is broken, 3567 turns B, and there must be bearish 5 waves from B(3567).
I support the scenario1 to have the long position as low as possible. C would be around 2589(Fib61.8). The strong drop could be coming.

*As long as 3377 remains unbroken, this idea is valid.


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