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Ethereum Analysis by luigiborla

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· @luigiborla · (edited)
$8.03
Ethereum Analysis
Cindicator is asking for maximum and minum price range at 23 of April but for me it is too far to make a forecast:

![Schermata 2018-04-16 alle 14.52.50.png](https://steemitimages.com/DQmWLGeqdvcsyZtVZftWitCZXHXgxf7KMNNRJvENn38deMC/Schermata%202018-04-16%20alle%2014.52.50.png)

The Elliot Wave theory is a very strong tool to reduce error probability but I think it works well only when it is really clear and the measures respect the standards. In this case they do, so i think this chart can have a good forecast power.

The timing is even more difficult then price to forecast and when we have so many days i think the fork would be too big.

You can see my view on ETH whit my Elliot wave scheme, it's respecting standard measures.

Legal Disclaimer: All my analysis are just showing possibile scenarios and not predicting the future. Technical analysis gives wrong signals very often and it just give clues to reason on the future development of a financial product. The price move often in a unpredictable way. Never invest basing only on my predictions which can be wrong and always use a correct money management. I do it for personal interest for free, I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind.
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vote details (69)
@zubairbashir ·
Good! I like your way.Yeah it is informational post.I got information from it.
Thanks for sharing, great job.
👍  
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