ETH made a parabolic move up that last couple of years and now we are correcting whole of that move.
Corrections don't end so quickly. They are usually time consuming.
If this correction is in the same degree as the parabolic ascent, we are not done yet.
I'm seeing this as WXY double wave combo of zig zag - flat - zig zag.
Since we broke the low of W this can either be an expanding flat or running flat.
I have only shown the running flat scenario here, but its very possibly for eth to break the previous high of A to form an expanding flat before going down to double digits.
Corrections don't end so quickly. They are usually time consuming.
If this correction is in the same degree as the parabolic ascent, we are not done yet.
I'm seeing this as WXY double wave combo of zig zag - flat - zig zag.
Since we broke the low of W this can either be an expanding flat or running flat.
I have only shown the running flat scenario here, but its very possibly for eth to break the previous high of A to form an expanding flat before going down to double digits.
