Aziraphale

A Butterfly here would complete wave A

BITSTAMP:ETHUSD   Ethereum
There is potential here for Etherum to turn at the lower end of it's wave 5 range. If we see a pull back here signifying the completion of 5a a butterfly will likely form with wave 5c barely exceeding the $5k mark. This will signify the end of A & we will see a larger pullback before the second wave can continue.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.