ETH/USDT Elliott Wave count 4H TF
Ethereum probly will end this C wave from a zizzag correction if the price will break abobe 1306.
If the price will be rejected above 1306 than it will go for a 5th wave from this downside move expecting to end into 1180 - 1120 range.
This zig zag may be an 12 12 from a bigger impulse to the downside if the price will not pass the previous 4th wave high at 1400 where also we have Tuesday open candle.
Watch also realted ideas link.
Good luck!
If the price will be rejected above 1306 than it will go for a 5th wave from this downside move expecting to end into 1180 - 1120 range.
This zig zag may be an 12 12 from a bigger impulse to the downside if the price will not pass the previous 4th wave high at 1400 where also we have Tuesday open candle.
Watch also realted ideas link.
Good luck!
Comment:
bearish flag? if breakdown this channel it will send ETH into the 5th wave
Comment:
ETH may do an ending diagonal 5th wave from the C wave and hit 1:1 ratio A vs C
