Ethereum Short - Elliott Wave Count
Aggiornato
Correction wave looks complete. I've been laddering shorts in the red box. Waiting for next impulse wave down.
Take profit target (green box) for Wave 3 is 1.618 from Wave 1 (5 count) at around $80. Will shed around 25% of the position there.
Count will be invalidated if we close a 4H candle above the yellow line. It will serve as a soft stop-loss.
Good luck and stay safe :)
Disclaimer:
This is not financial advice. Your capital is your own responsibility. I am not responsible for your losses.
Take profit target (green box) for Wave 3 is 1.618 from Wave 1 (5 count) at around $80. Will shed around 25% of the position there.
Count will be invalidated if we close a 4H candle above the yellow line. It will serve as a soft stop-loss.
Good luck and stay safe :)
Disclaimer:
This is not financial advice. Your capital is your own responsibility. I am not responsible for your losses.
Commento
If my ideas gave you any insight and you'd like to see more:BTC: 3BMEXi5aP4x1M7uwxSJNx3jRwZociGyYoN
Even a small tip is much appreciated.
I will be posting more crypto TA soon.
Trade attivo
All shorts are filled. The recent wicks still show a bearish picture to me.
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