ETHUSD study of Elliot Waves and Fibonacci: Etherium waves

Just posting an other example of prefect Elliot Wave movements precisely in sync wth Fibonacc extensions.

Each 12345 impulse wave adheres to the Fib increments, and is followed by a clear ABC correction.

We may have topped at the 8.618 extension, but that looks like a wave 3, with 4 and 5 yet to complete the last impulse.

Lets see if it plays out.

Komentar:

Cool, and EXACT bounce off the 7.618

now will it keep going to the 9.618 is a question as wave 5's are not very dependable, but I am rooting for that 9.618.

Here is a 9.618 in BTC that told me was going to be the peak

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and here is what BTC is riding now, and why I am thinking the bottom will be around 2800

Komentar:

that 9.618 still looks probable