KRAKEN:ETHUSD   Ethereum / U.S. Dollar
295 views
3
295 0
OK guys, I think ETH has completed Wave ( III ) of its first secular cycle move up and it is currently correcting in Wave (IV) - the most unpredictable and complex waves of all. I put it as a simple ABC correction in order not to confuse you. However it may be a Triangle Wave (ABCDE), or Combo Wave (WXY), or even a Double Combo Wave (WYXZ). No one will tell. There are some yardsticks though. It should retrace at least 0.236 of wave ( III ) and should not last for more than 50% of the previous move time-wise. Given the 114 days to complete wave ( III ) I'd safely guess the usual 0.382 Fibonacci ratio for wave 4. That will give us 114 x 0.382 = 44 trading days from the top. So, we are looking at around Mid May for the Wave (IV) to complete.

Once we done with it we will have a final push up before a major correction.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out