SUMMARY

Since the microwaves of Ethereum (ETH) show that five waves of yellow wave 3 are complete, it's time for the requisite correction. Note how the small decline and current rise have both been in a three wave format. That makes it 3 and 3; and so likely an Expanded Flat.

The ABC of a flat have a sequence of 3 waves for A, 3 waves for B and 5 waves for C. The below chart shows that the A and B waves are complete and C will likely decline in a five wave sequence.

This minor correction is smoothed out by the larger perspective of pattern. A very large rounded price formation shows that after this very minor correction; higher highs are ahead!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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