Basically, it is the same Elliott Waves patter as in the previous short-term update, but the wave “b” of the patter developed a bit different from what the author expected.
As long as the price for ETHBTC stay below 0.03220, the goal is around 0.02750.
This is where the Flat pattern should normally finish. However, we have “failures” and “extensions” so it can be 0.028 or 0.02660 at the end.
Stay tuned, as soon as the situation gives us a bit more wind for Elliot Waves, we will publish it here. May be this time it will be combined report for the day, together with longer-terms charts.
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