ETHUSDT · 1h
Elliott Waves
Trend
down
impulse_or_markdown
Confidence
69%
500 candles
Wave pattern
abc_correction
wave_c_or_c_complete
Signals
1
MCP market analysis
Wave Evidence
abc_correction · 54%
Invalidation 1596.00
- last four pivots form a possible A-B-C correction
- A and C leg lengths are within a broad equality range
Levels And Warnings
fractal high · 1637.58
recent swing high at index 473
fractal low · 1579.75
recent swing low at index 484
fractal high · 1596.00
recent swing high at index 487
fractal low · 1550.01
recent swing low at index 493
channel support · 1522.81
best-scored channel lower boundary at latest candle
channel resistance · 1609.54
best-scored channel upper boundary at latest candle
c equals a · 1538.17
A and C legs often tend toward equality in simple corrections