The light at the end of the tunnel. ABC correction may be over.
It looks like
ETH
is approaching the end of the corrective ABC wave at in the large scale, while waiting for the B and C waves for the smaller scale. I predict wave B will hit the 1000 resistance level before bouncing back to the bearish channel, and finally ascending for a new bullish wave.
The green line is a descending channel, if it breaks that channel that can confirm a new bull run.
ETH
is approaching the end of the corrective ABC wave at in the large scale, while waiting for the B and C waves for the smaller scale. I predict wave B will hit the 1000 resistance level before bouncing back to the bearish channel, and finally ascending for a new bullish wave. The green line is a descending channel, if it breaks that channel that can confirm a new bull run.
Сделка закрыта: достигнута тейк-профит цена:
Wave B missed 1000 target, but overall pattern was accurate. Went low, then made a run.