ETHer Tiger

Two charts today:

ETCBTCMidTerm
ETCBTC, 4 Hour

If you compare to our initial chart, you will notice that we had to move the end of the wave “2” (green).

Took a bit longer time for our ETHer tiger to go for a walk.

And the structure of this correction:

ETCBTCShorterTerm
ETCBTC, 1 Hour

The combination of two zigzags, in both legs wave “c” is 100 % of the wave “a”. Quite nice structure. The correction can theoretically consists of three legs, but that it unlikely at the moment. The sentiment is ripe enough for a nice ride up.

Enjoy the end of the summer!

The Elliott Wave Principle describes the behaviour of the financial markets. This Principle is build on the mass psychology swings from pessimism to optimism and back in a natural sequence. When these swings happen, the specific Elliott wave patterns in price movements are created and become visible. Each pattern has implications regarding the position of the market within its overall progression, past, present and future.
The purpose of our blog posts is to outline the progress of markets in terms of the Elliott Wave Principle.
While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will my posts make specific recommendations for any specific person, and at no time may a reader or viewer be justified in inferring that any such advice is intended.
Very important. Investing carries risk of losses. You should be aware of all the risks associated with investing/trading financial instruments. Information provided in this blog is expressed in good faith, but it is not guaranteed.
The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities.
This blog and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.
In no event will we be liable for any loss or damage on your account in connection with the use of our publications.

Author: Ravno_108

Sentiment wave rider. Product creator. Yogi

5 thoughts on “ETHer Tiger”

  1. The tiger probably is waiting for DEVCON2 and for Swarm to go live 🙂 As I remember, devs were going to stream DEVCON2 via Swarm.

    Like

  2. Haha. Rest assured, it’s not dead. Just let the greed to infect as many crypto traders as possible. This is what we have recently with so many different coins and money flowing into them.

    In the meanwhile there seem to be nice development in Ethereum land. I follow it pretty close. It will start to bring some fruits soon..

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s