Morning Update: ETH Topping in wave ii
Much like Solana, we should be entering a point where price starts to take a nose dive. I am not concerned with ETH until we get above $1800 and since we are far below that...I would encourage patience.
I've written about bottoming is an event, vs. topping is a process. We're in the process of topping and given where we are in wave count going back to November and I am expecting an event like move to the downside. As of this morning, ETH has not displayed that. That is all the guidance I can give at this moment.
I have not been involved in SOL, or ETH for the past 2 months. The patterns do not excite me.
Best to all,
Chris
I've written about bottoming is an event, vs. topping is a process. We're in the process of topping and given where we are in wave count going back to November and I am expecting an event like move to the downside. As of this morning, ETH has not displayed that. That is all the guidance I can give at this moment.
I have not been involved in SOL, or ETH for the past 2 months. The patterns do not excite me.
Best to all,
Chris
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