ETH: "Redemption DAY" target price between $1189-1121So I looked at ETH both from an apocalyptic and an optimistic perspective.
The first one implies counting a 12345 Eliott Wave since ATH. It leads to -$733 if Wave 5 has at least a 1:0.618% ratio with Wave 1.
Discarded. Why would ETH just dissapear? If it does so do many more other things, at least that´s my take.
Now, what if we are more on the optimistic side?
We could easily count an Eliott ABC Wave since ATH.
B to A ratio matches a perfect and round 0.5% Fibonacci
Then C to A ratio is none other but a perfect, round 1:1
So this leads me more towards this TA:
Ethereum´s correction is over, it did the major ABC which in its turn is a greater Wave 2.
We are in the begginings of an impulse. Also in an ABC, only that this one is the nano scale.
We did a 12345 which created nano Wave 1. And now we are in the last leg of a C in the ABC that forms the nano Wave 2.
Targets:
Between $1189 and 1121.88
Best!
