Ethereum Price Analysis: Elliott Wave still projects price to move lower
ETH/USD trades nearly 2% lower as crypto sentiment takes another dive. The Elliott Wave pattern might not have ended just yet. I know there are lots of Fibs on this chart but they are colour coded for ease. Blue is the long term daily Fib retracement – Red is the 4-Hour Fib retracement – Black is the 4-Hour Fib extension.