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Ethereum Daily Price Analysis (14th January, 2019)

Analysis

Even Ethereum turned lower sharply according to an alternate count we shared, so we are tracking now a big a-b-c expanded EW flat correction in wave B/2, where wave “c” may go all the way back to 110-100 support area, right around ideal 61,8%-78.6% Fibonacci retracement, from where we should see a bounce back to the highs within wave C/3. However, ETHUSD may go even more complex, so as long as it’s moving above 80 invalidation area, we will remain bullish.

 

Ethereum Daily Price Analysis (14th January, 2019)

 

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