ETHEREUM ELLIOT WAVES

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Analysis for Ethereum, still has potential to move up especially with more and more investors looking at this and feeling the FOMO.

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Current:
Wave (v) beginning, inside of Wave 3.
Once the wave 3 is complete we will most likely look to consolidate. Beware. We have room to move up to and around the levels of 330 - 385. I will look to take profits within this area and re-enter later.

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Two Scenarios that i see:
Perfectly on the 61.8% for a move up after breaking out.



HOWEVER if it does not, then we will see a move similar to this.
Something like this.

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Opportunity for great long position.

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5 wave up to complete Point D before the drop to complete Point E of Pattern.

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This smaller wedge looks like it's playing out longer. Could be a blast up from here.

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Look at that crazy wick on Coinbase lol

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Tricky, Cheeky Bugger.

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