ElliottWaveStats

ETHUSD (BITSTAMP)-has 84% Short Top Probability

BITSTAMP:ETHUSD   Ethereum

My algo says that the zone 592-563 (most likely 577) has 84% Short Top Probability, taking down prices to the Target Shell zone of 612-581.

This would be the current correction´s target, triggered from the high of the previous Impulsive Movement finished at 637.00.

The zone of 542-515 being a 62% Short Bottom Probability zone (still active as shown in the chart) could act as Support for prices to break through it and reaching the Target Shell zone.


Let´s see what happens.

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