ETHEREUM , DAILY BARS , AS I STATED EALIER ETHEREUM FROM DAY ONE HAS WORKED AN IMPLUSIVE RALLY SO FAR , ETHEREUM COMPLETED FOUR WAVES ON INTERMEDIAT DGREE(BLUE COLOR) THEN THE LAST BULLISH RUN OF THE CURRENT RALLY SUBDIVIDED INTO FIVE WAVES ON THE LESSER DEGREE "MINOR" ETHEREUM COMLPLETED THREE WAVES OF IT AT NEW ALL TIME HIGH AT $1423 , THEN PLUNGED 60% IN 2017 AFTER MOST GAINS WAS WIPED , CORRECTION IN PLACE AND MINOR WAVE 4 IS A SIMPLE ZIGZAG PATTERN BOTTOMED AT $566 , AS ILLUSTRATED IN THE SECOND CHART THAT INTERPRETS IN MORE DETAILS THE ELLIOTT WAVE COUNT TO THE MINOR WAVE 4 , I DO THINK THE LAST BULLISH SWING HAS COMMENCED AND THERE IS ROOM FOR SOME FOR THE RALLY
2018-03-06
ETH vs USD ELLIOTT WAVE COUNT
ETHEREUM , DAILY BARS , AS I STATED EALIER ETHEREUM FROM DAY ONE HAS WORKED AN IMPLUSIVE RALLY SO FAR , ETHEREUM COMPLETED FOUR WAVES ON INTERMEDIAT DGREE(BLUE COLOR) THEN THE LAST BULLISH RUN OF THE CURRENT RALLY SUBDIVIDED INTO FIVE WAVES ON THE LESSER DEGREE "MINOR" ETHEREUM COMLPLETED THREE WAVES OF IT AT NEW ALL TIME HIGH AT $1423 , THEN PLUNGED 60% IN 2017 AFTER MOST GAINS WAS WIPED , CORRECTION IN PLACE AND MINOR WAVE 4 IS A SIMPLE ZIGZAG PATTERN BOTTOMED AT $566 , AS ILLUSTRATED IN THE SECOND CHART THAT INTERPRETS IN MORE DETAILS THE ELLIOTT WAVE COUNT TO THE MINOR WAVE 4 , I DO THINK THE LAST BULLISH SWING HAS COMMENCED AND THERE IS ROOM FOR SOME FOR THE RALLY