I don't think Ethereum is bullish
eth is forming the last wave from 5 waves
his at 5 from 5
after this movement, we will decide if the correction end
eth could form a very good double bottom
I didn't update btc cuz the movement has a lot of scenarios & non of them is clear enough to share
sometimes eth tell us the next move before the btc or in much clearance
THIS CHART IS INVERTED
the chart could look like this
eth is forming the last wave from 5 waves
his at 5 from 5
after this movement, we will decide if the correction end
eth could form a very good double bottom
I didn't update btc cuz the movement has a lot of scenarios & non of them is clear enough to share
sometimes eth tell us the next move before the btc or in much clearance
THIS CHART IS INVERTED
the chart could look like this
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I just want to share this BTC fractal
Bình luận:
watching the last movements I decide to make an update because the scenario above is not the strongest anymore
in this scenario, wave1 from coming 5 is finished & we are at 2 (3d could be the strongest)
the fail point is clear in the chart under this point bullish scenario will be strong enough to share
remember both scenarios I shares are bearish but have different structures
identifying the movements & updated when a scenario is stronger than the other is really important for more accurate targets & reversal areas
in this scenario, wave1 from coming 5 is finished & we are at 2 (3d could be the strongest)
the fail point is clear in the chart under this point bullish scenario will be strong enough to share
remember both scenarios I shares are bearish but have different structures
identifying the movements & updated when a scenario is stronger than the other is really important for more accurate targets & reversal areas
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the 5 small waves in the chart isn't random at all
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UPDATE
