Ethereum Bitcoin (ETHBTC) Elliott wave Analysis

in #elliottwave • 4 years ago

As per Elliott Wave analysis Ethereum Bitcoin well, as expected ETHBTC nicely recovering within an a-b-c movement which should be a corrective rally as part of higher degree wave B/2, mainly because of previous five-wave drop.

But it's close back to the previous highs, so we have to be patient at this stage. If starts turning sharply down, only then we can confirm a completed upward correction in wave B/2 that can be followed by another decline into a wave C/3.

ETHBTC 4h Elliott Wave Analysis Chart

ethbtc.png

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.

#ethbtc #ethereum #bitcoin
4 years ago in #elliottwave by
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