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$ETH Yime To Short Going Down For Wave 6
This will be the area where we look for a reversal back to the upside at the bottom of wave 5.
This will also be a larger double bottom reversal opportunity for the bulls.
Expect to see a drop back down to $1600. Then a possible rise back to the upside.
The pink falling broadening wedge is likely going down for its fifth and final wave before the breakout to the upside.
Falling broadening wedges break to the upside 68% of the time.
Expect to see some downside before the upside momentum continues.
I have opened a short position.
NFA, DYOR ⚠️
#Crypto #Trading #ETH