ETH UPDATE SHORT TERM
In this wave iv I expected ETH could reach higher prices, however seems that will be made distribution over time and not in price (in the last chart I told the possibility of a triangle). Currently it's possible wave iv already finished but I would not be surprised if ETH returned to 410-415. Despite all, it's likely that ETH will do very soon new lows.
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ETH UPDATE SHORT TERM
Wednesday, April 4, 2018
Finally wave iv of A seems began. Wave iii didn't finished as I expected but usually is difficult catch the
bottom. As I said before, I expect one or two weeks for the bulls (don't
forget ETH may do a triangle so sideways also can be done) and then I
will expect the return of downtrend.
P.S. For BTC I count this upside as wave b of v of A
BTC UPDATE
Tuesday, April 3, 2018
At short time I easly can see a new low (maybe double bottom) and the 78xx's will be the key for the bulls. At medium term I also can see 3 diferent options. it would be interesting to have your feedback on which options are most in agreement.
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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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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.
ETH UPDATE SHORT TERM
Saturday, March 31, 2018
At this moment I still not see evidences if wave iv it has started. Despite this, ETH seems is doing an wedge (since the lows) and new lows will be made in the short term.
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ETH UPDATE SHORT TERM
Thursday, March 29, 2018
With this new impulsive wave to the downside I must change a litle my
primary count and turn it more berish in price an time. Expect some
support in the 380's-400's. Let's see how will play my changes.
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ETH UPDATE SHORT TERM
Tuesday, March 27, 2018
Since the triangle break I see only an ABC formation, so it's possible ETH finished the first leg of an ending diagonal in this wave 5 of A. At this point, seems a good point to enter long, at short term. Maybe the follwing wave B will last 1 month and last wave C also 1 month.So I predict the end of the bear market during may or june.
ETH UPDATE SHORT TERM
Monday, March 26, 2018
So far, so good. As expected the triangle was broken and still expect new lows for ETH. For now looks ETH is in first wave of this wave 5. Just keep simple.
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