Ethereum Prediction. Just because the price pattern is a triangle does not necessarily mean there should be five waves (abcde). I have shown in a previous blog post how there are only four waves. This means that a break can occur in wave D without completing wave E. The Ethereum chart below (ETH) shows exactly how it happened. Its penetration from wave D signifies the completion of wave 4 and the beginning of wave 5.

Sub wave is white wave (5) labeled blue color. IF this is true, then $ 588 would be a possible target. What happened after that? Well, Elliott Waves states that after the five waves movement, there is a necessary correction; so the possibility of a minor abc or some other type of correction combination will occur.

Ethereum you can buy in indodax and binance

Disclaimer: I am not a financial advisor or any content in this article that is presented as financial advice. The information provided in this blog post and other posts I make and the accompanying material is for informational purposes only. It should not be considered any financial or investment advice. A person should consult with a finance or investment professional to determine what is best for your personal needs. It's just my opinion, get what you want. What does this mean? That means it's not a suggestion or recommendation to buy or sell anything! It is only meant to be used as an informative purpose.