ETH seems in some minor wave iv.
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wedge is close to finished.
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Alternative bullhish wave (wave 3 extention):
Reason: The pullback is to weak.
Reason: The pullback is to weak.
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It seems wave 4 of a is still underaway. The bulls still in control
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Wave A seems close to finished with negative divergence.
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Extend wave 5 and seems ETH is missing one last subwave to upside. Let's see if can go to the 600. Don't expect much more.
At this moment I'm following a small triangle or wedge. I think price could be higher if the triangle is validated. With the wedge I don't expect higher prices than 540.