ETH UPDATE SHORT TERM

Monday, April 2, 2018

EDIT (03-04-2018): At this point seems wave iv (pink) of iii (red) is still underway, forming a contracting triangle. Expect break up to the downside very soon. After that let's see if the bulls take the control at short term. Neither contracting triangle. Need more time to understand where ETH is.

At my mini waves count I can see a possible (nice) rebound very soon. However I still expect new lows to finished this wave iii.
This wave v of iii has already extended enough so I do not expect new extensions in v of v of iii.
Rebound could go to the 5xx's and maybe bulls will have one or two weeks to play. After that I expect again new lows to finish this principal wave A of Y.

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