A delay to the ETHUSD super moon?

BITFINEX:ETHUSD   Ethereum / Dollar
Im not in ETH, I dont like ETH, so here is a hater chart based on Elliott waves
Can't really call it an Elliot wave since it violates a couple of the rules. Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. Also, wave 4 does not overlap with the price territory of wave 1.
@MaxMotives68, The count is right, the placement is wrong. 3 isn't the shortest, but because the terminus of 4 is in the wrong place,it makes the 5th look enormous.

@MediumSqueeze where you have your 1 topping is actually the B Irregular Top within the 2nd wave. The 1st wave actually peaked off to the left a bit. Your 4th wave should terminate at ~$657. Your ABC idea is not wrong, just a bit extreme, IMO. The .618 is the more likely retrace based on the price action in corrections so far. I'm lookinf for $746-800, but not for a little while.
+1 Antworten
@FUTUREBOYCOLIN, Thanks man, appreciate the feedback.
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