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$ETH continues to follow yesterday’s preferred Elliott Wave count.
Wave 3 of this C-wave reached the extreme but precise Fibonacci 6.854 X wave 1 extension zone, followed by a wave 4 zigzag. Price now appears to be completing wave 5 of the larger fifth wave.
If confirmed, this would complete the corrective C wave and leave $ETH vulnerable to another move lower.
Trade the evidence, not the prediction. #ETH