ETH Potential Bearish Butterfly

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I know, more doom and gloom for ETHUSD, sue me. I'm only posting this because I found it interesting the predicted price for the D-leg upwards for this to complete a bearish butterfly matches my price target from yesterday's Adam and Eve double bottom, of around $1450.

We would look for a 0.618 fib support bounce then potentially another leg down to the 1.272-1.618 fib extensions. Lowest target $420 (blaze it).

Do with this what you will. Keep the hate mail to a minimum. I believe in ETH, but I also understand market cycles, and try to not let my bias cloud my judgement when looking at technicals.


*THIS IS NOT TRADING ADVICE*
Transakcja zakończona: osiągnięto poziom stop
I believe the gartley alternative I posted was more on the money here.
Transakcja zamknięta: osiągnięto wyznaczony cel
In retrospect, target still hit.Improper harmonic however.
ButterflycryptoDouble Top or BottomETHEthereum (Cryptocurrency)ETHUSDFibonacci

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