T_A_R_A_S

📉ETHUSD - Will continue downtrend.

Short
BITFINEX:ETHUSD   Ethereum
Hello!

Apparently, the upward corrective movement is more confusing and complicating.
I assume the scenario of five wave corrections in the form of a triple zigzag W-X-Y-X-Z in wave (B).
Now, his last wave (c) of (Z) of (B) is completing the formation.

Daily chart:
Globally, on the daily chart, I marking a flat in wave (X), where at the given moment, is formed almost 2/3 of the wave. One impulse down is still missing within the wave (C) of (Y) of (B) of (X)
By timings, the decline is likely to end in the month of May.

Thanks for likes!
Good trading!
Bye!
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.