ETHUSD - Possible Price Action (Elliot Wave & Fib Retracement)
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ETHUSD on Daily Chart - Clearly the failed impulse at the end of the ABC Correction has now developed into a WXY correction.
And Y is currently in development. The possible zone for Y is indicated in the Red region between 0.382 to 0.65 of the major wave Fibonacci Retracement
And Y is currently in development. The possible zone for Y is indicated in the Red region between 0.382 to 0.65 of the major wave Fibonacci Retracement
Trade ist aktiv
ETHUSD on 4-hr chart : Still bearish, breakout to Median where the 0.618 Fib is located for the completion of the 5-subwave for the WXY correction before the reversal. On a weekly chart, if this happens then the candle will either be a Hammer or a Dragonfly Doji which increases the chance of reversal. But Y must be achieved first. Trade ist aktiv
Trade ist aktiv
ETHUSD CHART needs to go down to 78.6% retracement before it can be oversold and then pierce through the RSI trend resistance (ORANGE). This is what I feel. Trade ist aktiv
ETHUSD Daily Chart Log Scale has broken the 1.0 Fib Channel Support Trade ist aktiv
LIKELY BUY ZONETrade ist aktiv
ETHUSD jumps out of the accumulation phaseTrade ist aktiv
Looks like ETHUSD will get up to (X) of WXY(X)Z. So expect a reversal and dip next to the 300-400 in the next few weeks 
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