Green wave 5 or Red wave C
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 ($358 to $838) 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.
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 ($358 to $838) 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.
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