Ethereum #ETHUSD - up cycle completed, correction started

Hello and welcome to my first video analysis for TradingView portal.
In this video I will analyse ETHUSD pair using Elliott Wave Principle.
Enjoy and please leave the feedback! :)

Сделка активна:

The price is still moving inside of the wave B correction that should complete at the level of $1,192. After the wave B is terminated, there is one more wave to the downside missing - wave C.

Сделка активна:

It is developing the waves like in the book. Next targets $622 and $586.

Комментарий:

ETH is testing the 50% Fibo after a completed ABC corrective cycle.