ETH/USD update based on Elliott Waves

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·@srezz·
0.000 HBD
ETH/USD update based on Elliott Waves
My daily target of $350 remains unchanged for it is based on both, -  the weekly and daily volatility and there are still chances that we will get there in a day or two. 

However, there are some signs that before we get there we may well have a decent pull back and here is why.

1). We got rejected at 0.618 retracement of the entire move from all time high of  $415 to our recent low of $134, which is typical for the corrective waves "2" and "X";

2). The blurred internal wave structure, as well as a relatively long extension  of the last move up, is very typical to corrective waves"B" and "Y";

Based on the assumption that we have completed the major correction (wave II of (III) here is the big picture wave count. 
https://ibb.co/jVWNev
https://image.ibb.co/hwC66a/3.png

And a close up with targets of the pull back in wave (y)
https://ibb.co/h3m5zv
https://image.ibb.co/muFyKv/2.png

Same thing with Fibonacci retracement levels and dates:
https://ibb.co/gNxTKv
https://image.ibb.co/kDRNev/1.png

There's still a possibility that we have not completed the wave II of (III) which will be confirmed if the expected pull back goes beyond wave (y) targets.
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