I was bearish on ETH for weeks now, as it looked like the perfect bulltrap. But now things have changed and the bulltrap has been invalidated at 325$ level.
This is the new exciting bullish ETH count:
This means that after the panic low at 130$, ETH has very likely started a new bullish cycle!
This cycle will probably complete wave 1 (orange) in the coming weeks. I expect a sharp correction afterwards (wave 2).
I will use this sharp correction to buy some ETH and hold it for at least a few months, as I expect a big wave 3 up😁.
This is very easy to use information for you. Don't buy in too early. I will keep you informed when I start buying ETH.
If you think this to be useful information:
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way i see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Tell me what you think...
Have a nice day :-)
Nice Graph - Interesting strategy. We shall see.
where should i put the ETH in the mean time...lol..the question that comes to mind now on a quick play.
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Man this is awesome info. I'm going to take some profits out now and get back in when it's sub-300. Just found you tonight and I'm a fan!
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how much time when etherum break BCC
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Nice post and thanks for sharing
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@ew-and-patterns got you a $1.73 @minnowbooster upgoat, nice! (Image: pixabay.com)
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