Green Wave 5 or Red wave C?

3년 전

Green Wave 5 Bullish Count

  1. Price must stay above the Daily EMA’s support where it is sitting right now.
  2. Must clear $742.72 to confirm green wave 1 and 2 are in.
  3. Must Clear $838.00 to confirm we are in an impulse green wave 3 up .
  4. Eth has already put in a .382 retrace with an A,B,C (green)correction

Red Wave C Bearish count

  1. Price must fall below the Daily EMA’s support where it is sitting right now.
  2. Must not clear $742.72 so as to not invalidate the we are in start of Red wave “C”

Target for Red Wave C

  1. The golden zone retrace region of(.618 and .65) is $541 and $526
  2. The Fib 1:1 extension of red wav A and B is $541
  3. Thus I believe the landing zone for a bearish count is anywhere between $550 and $526.

5_21_2018_ETH.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Good idea for life:)