BTC Charts 2-1-18

BTC is pretty sloppy off of the highs but ETH has a pretty clean wave (a) then potential top for wave (b) of ((iv)).

Ideally, ETH would hold 1028 if it's going to see an impulse for a wave (c) of ((iv)) down but as long as it's under 1155 then impulse is still valid.

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Michael Golembesky is a senior analyst at ElliottWaveTrader covering US Indices, the US Dollar, and the VIX. He contributes frequently to Avi's Market Alerts service at EWT while also hosting his own VIX Trading service.