SUMMARY
Note: For anyone who missed the BitcoinLive Information Webinar, here is the replay link: 
As of June 4, ALL Crypto Analysis will be posted on the BitcoinLive channel and Steemit will be dedicated for Equity, Commodity and Options Analysis. To Signup for the BitcoinLive limited Founding Membership slots, use this link: https://get.bitcoin.live/haejin/
__
Ethereum (ETH) is faithfully putting in the microwaves to the red C wave of the ABC correction. The below chart shows a wedge pattern in development. The subwaves of red wave 3 are show to have putin a nice five wave sequence (white). Red wave 4 is also likely completing the subwaves as shown by blue abc. Once red wave 4 is complete the five wave down for red wave 5 would be next.
Currently the correction is still within the Bull Flag pattern and the red ABC is likely at its terminal end. The cluster of support (white circle on price) is holding up the decline for a bounce. The 0.78 Fib level is still the target; though, the 0.618 could also serve as the pivot point up.
Legal Disclaimer: 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. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
