Hello, traders. I'd like to share with you my view of Ethereum using Elliott Wave Theory. I am amateur in the matter, but I'm fun of it.
I will be sharing some interesting moments, join me if you like it.
Style of wave marking I'm using I've picked up here www.fxo.ru/ I admire this professional in Elliott Wave Theory.
At first I want to share my view of ETH in general. There is no full history available in this particular chart, but big green wave 1 is somewhere there.
As far as ETH is sliding down since 13th of january 2018 in 5 waves pattern, I do not expect new heights before some correction and new low in green wave 4.
I sketched out the simpliest option how it may look like.
I will be sharing some interesting moments, join me if you like it.
Style of wave marking I'm using I've picked up here www.fxo.ru/ I admire this professional in Elliott Wave Theory.
At first I want to share my view of ETH in general. There is no full history available in this particular chart, but big green wave 1 is somewhere there.
As far as ETH is sliding down since 13th of january 2018 in 5 waves pattern, I do not expect new heights before some correction and new low in green wave 4.
I sketched out the simpliest option how it may look like.