Calm day today. Not much action. But don’t get deceived.
There will be a lot of action. Very soon.
The correction we were expecting yesterday has taken place and is from EW point of view can be considered as over. But the author expects one more drop a bit lower the last low at 0.02940 to “shake the weak bull hands” and then the ETH should perform one more bull run. That should finish the final (mid-term) 5-th wave rise:
The same picture (but in opposite direction) we post for Bitcoin today:
The Elliott Waves message for both markets (BTC and ETH) is therefore the same. The extremes are forming.
The next bigger move should start very soon.
BTC should rise. The sentiment there is getting riper with every day passing.
ETH should at some point start correcting down. Preferably with ATH and super exciting sentiment on every page.
The author hope to be able to identify the exact time when these next big moves will take place. That is also one of the reasons why the updates are coming now every day.
Get ready for some tasty (cookie) waves, friends.
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