Green Wave 5 or Red wave C?

Green Wave 5 Bullish Count

  1. Price must stay above the Daily EMA’s support where it is sitting right now.
  2. Must clear $742.72 to confirm green wave 1 and 2 are in.
  3. Must Clear $838.00 to confirm we are in an impulse green wave 3 up .
  4. Eth has already put in a .382 retrace with an A,B,C (green)correction

Red Wave C Bearish count

  1. Price must fall below the Daily EMA’s support where it is sitting right now.
  2. Must not clear $742.72 so as to not invalidate the we are in start of Red wave “C”

Target for Red Wave C

  1. The golden zone retrace region of(.618 and .65) is $541 and $526
  2. The Fib 1:1 extension of red wav A and B is $541
  3. Thus I believe the landing zone for a bearish count is anywhere between $550 and $526.

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