We saw a very bullish week, almost every major alt popped. But I think that a healthy retrace is imminent in the near future. Ethereum hit my target from December (yes,from 4 month ago, I didn't expect that this move will take so long ). I don't expect another push to the upside honestly (however it is very possible that I'm wrong) .
We hit a resistance zone, which also happens to be a fib level.
The EW count is a little bit messy but I think that the current market structure is completed.
We hit a resistance zone, which also happens to be a fib level.
The EW count is a little bit messy but I think that the current market structure is completed.
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Let see if this plays out