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ETHEREUM TRIANGLE TRADE SETUP

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Ethereum (BITFINEX:ETHUSD)  
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BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Wave Analysis Ethereum (Cryptocurrency) ETHUSD ethusdshort Cryptocurrency elliotwaveanalysis elliotwavecount elliotwavestrategy
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trendanalysis chartpattern waveanalysis ethereum ethusd ethusdshort cryptocurrency elliotwaveanalysis elliotwavecount elliotwavestrategy
ETHUSD seems to be making a five-wave impulse decline. Price is currently in wave (iv) which is unfolding as a triangle.

A triangle always precede the last move of a sequence in an impulse pattern. If this count is correct we should see a short-term decline to around $190 to complete the impulse pattern.

What's your thought about Ethereum?
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