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Elliott Wave Expanding Triangle Pattern

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Hello friends,

A Possible scenario is shown in the chart.

The pattern emerges normally between one rising and one falling diverging lines.

Expanding triangle consists of 5 waves marked 1-2-3-4-5.

The best way to trade an Elliott Wave triangle is to anticipate the end of wave '5'.

Sometimes this is easier said than done!

Personally, ETC is a good long term investment (Also!).

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ETH +4%

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ETH $ 4290 +4.6%

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ETH $ 4600 :)

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ETH $ 5000 (Soon)

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Ethereum balance on exchanges just reached a 3-year low.

Supply in smart contracts has dropped slightly end of October and remained stagnant during November.

twitter.com/cryptounfolded/status/1466017987849191437?s=20

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Elliott Wave Theory (as I see)

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