Ethereum regathering strength, target 850 correction

٢٠ فبراير ٢٠١٨

The bullishness of Ethereum appears to be running out of steam- the last few elliot waves played on a very bullish .3 fib for almost all its retracements, and now its forming a bearish 3rd wave after a failed EW. That wave should conclude somewhere in the .38 territory, but I suspect it should retrace further as its 5th wave is kinda lost.