A possible very bearish resolution for ETH

٢٦ يناير ٢٠١٨

I'm currently long ETH and contemplating moving to cash if it doesn't break up through the upper triangle line in the next several hours. While BTC has already completed an intermediate wave (A) and (B) wave and may be near completing if not already completed its final (C) leg of its pullback, ETH might only now be completing its (B) wave in the form of a triangle. There is a bullish alternative count that I have previously posted, but for now I'm focusing on the alternative bearish count. I will be focused on that green dotted line and the e level. If ETH is turned back there, then I'll move to the sidelines and wait for resolution.