Ethereum 3 or 5 waves correction?

in #cryptocurrency8 years ago (edited)

Ethereum has completed 3 wave correction by hitting -27,1% fibo level, but the trend line is still under and no divergence in MACD.
Having in mind that all other cryptos is making more complex correction to believe that ETH is different a bit unreal, so let's see how the structure will develop on upcoming days.

If we see a similar corrective structure, wait for more downside.

Disclaimer: this is not a financial advice or trade call, it's only my personal opinion.

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