It looks like ETH is approaching the end of the corrective ABC wave at in the large scale, while waiting for the B and C waves for the smaller scale. I predict wave B will hit the 1000 resistance level before bouncing back to the bearish channel , and finally ascending for a new bullish wave.
The green line is a descending channel , if it breaks that channel that can confirm a new bull run.
Trade geschlossen: Ziel wurde erreicht:
Wave B missed 1000 target, but overall pattern was accurate. Went low, then made a run.