Hello friends,
A Possible scenario is shown in the chart.
The pattern emerges normally between one rising and one falling diverging lines.
Expanding triangle consists of 5 waves marked 1-2-3-4-5.
The best way to trade an Elliott Wave triangle is to anticipate the end of wave '5'.
Sometimes this is easier said than done!
Personally, ETC is a good long term investment (Also!).
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ETH +4%
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ETH $ 4290 +4.6%
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ETH $ 4600 :)
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ETH $ 5000 (Soon)
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Ethereum balance on exchanges just reached a 3-year low.
Supply in smart contracts has dropped slightly end of October and remained stagnant during November.
twitter.com/cry...017987849191437?s=20
Supply in smart contracts has dropped slightly end of October and remained stagnant during November.
twitter.com/cry...017987849191437?s=20