Elliott waves crypto analysis – we’re short with the impulsive wave (v) with an ultimate target at 150.

ETH –

Wave Analysis

For the better parts of this year, this crypto has been on the losing end. Just recently, the price went below a key level 248.53 and is still pretty much below this level, as long as the price remains below this level, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the unfolding of the impulsive wave (v) to the lower side with an ultimate target at 150.00. Even with a break above 248.53, we’ll still be looking for a long term short position unless the price breaks above 406.

Trade Recommendations:

we’re short with the impulsive wave (v) with an ultimate target at 150.

101% Double the volume

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