Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Ethereum Short - Elliott Wave Count
Ethereum / TetherUS
Short
Ethereum Short - Elliott Wave Count
By Sylvester_Turner
Follow
Follow
Updated
Dec 29, 2018
3
Cheer
Cheer
1
1
Dec 29, 2018
Correction wave looks complete. I've been laddering shorts in the red box. Waiting for next impulse wave down.
Take profit target (green box) for Wave 3 is 1.618 from Wave 1 (5 count) at around $80. Will shed around 25% of the position there.
Count will be invalidated if we close a 4H candle above the yellow line. It will serve as a soft stop-loss.
Good luck and stay safe :)
Disclaimer:
This is not financial advice. Your capital is your own responsibility. I am not responsible for your losses.
Dec 29, 2018
Comment
If my ideas gave you any insight and you'd like to see more:
BTC: 3BMEXi5aP4x1M7uwxSJNx3jRwZociGyYoN
Even a small tip is much appreciated.
I will be posting more crypto TA soon.
Dec 30, 2018
Trade active
All shorts are filled. The recent wicks still show a bearish picture to me.
Cryptocurrency
Elliott Wave
Ethereum (Cryptocurrency)
Fibonacci
Trend Lines
Sylvester_Turner
Follow
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
.