Master-Coinlocally

Master-Coinlocally

After breaking the trend line it seems we are gonna have a short trend

Master-Coinlocally

The alternative possibility is that we have done completely 5 waves and now it’s fulfilling the C wave of ABC Waves of correction But it’s chance is too much less than the last 3 analysis Which in this way we will see price in the RED BOX

Master-Coinlocally

Finally here in this part you can see how it moves based on Elliot waves Please note it’s my point of view and there is no guarantee for that So please trade based your own thoughts

Master-Coinlocally

Here as you see by more details This movement is fulfilling 5th wave (Orange) of 3rd wave (in red) of 5th bigger one in green* *( AS I SHOWED ON LAST ANALYSIS IN DAILY TIMEFRAME and linked here )

Master-Coinlocally

As you see in daily moves Elliot shows that ethereum is doing its 3rd wave(Red) of the 5th bigger wave (Green) I will show more details in smaller time frames

Master-Coinlocally

I think ethereum goes in like this Good point to go Long

Master-Coinlocally

As i see here we have a strong divergence signal that can show us a short as a modification for the btc market and after that looking for an appropriate place to go long with it

Master-Coinlocally

It seems an appropriate situation to buy in 1H timeframe

Master-Coinlocally

We have a strong sign of short on 4H time frame as divergence (strong one) that can be a good opportunity to sell

Master-Coinlocally

As market shows also in ethereum we can expect a short before next long and it can in this way

Master-Coinlocally

As i see it We are in a good part to sell and take profit in future markets and the ratio of risk reward is fantastic

Master-Coinlocally

It’s my point of view from the ethereum market which shows a modification and till the price doesn’t break 420 dollars it can be done ✅

Master-Coinlocally

Till the price is more than 330 dollars this analysis could be possible