ETH/USD 1 Hour Chart Bearish Scenario
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The 1 hour chart version of my 2 hour chart for ETH/USD bearish scenario.
Elliott Wave & Fibonacci. Ethereum repeatedly failing to break the 0.768 line on the fib and looks to break down to lower levels, exactly as it did a few days earlier.
Note: I wanted to see how the 1 hour & 2 hour both play out and which will be more accurate. Slightly different candles/wicks/angles on the one hour.
Elliott Wave & Fibonacci. Ethereum repeatedly failing to break the 0.768 line on the fib and looks to break down to lower levels, exactly as it did a few days earlier.
Note: I wanted to see how the 1 hour & 2 hour both play out and which will be more accurate. Slightly different candles/wicks/angles on the one hour.
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Here's the original 2 hour chart: 
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