blackoutraz

Ethereum/Tether elliot wave count june 18

BINANCE:ETHUSDT   Ethereum / TetherUS
Hello

it took me a while to understand the elliot wave logic behind this messy ethereum scenario but i think i finally got a reasonable outcome with my chart study.

As u can see in my elliot count i strongly believe that a big bear wave is about to hit, i will keep a close eye with the extension 0.61 and 1 fibonacci which i think is where the price will eventually try to reverse, i also indicated the in green the confluence zone and they basically fit my elliot wave count

As always i try to keep it easy as possible and i remind you all that this is not a financial advise, but my honest ideas about the ethereum trending

Kiss

BlacKouTraZ

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