The Force is strong with this one! 💨
aaaand here they are! We are back above the $1000 Mark as the bulls break above $674. Wave 3 in Green extends without further corrections to reach the 300% Extension at $992. We think that wave iii in Orange is completed now, and the ongoing correction might extend towards the $850 area. If this is the case, we plan another long Trade in our yellow trading box. Ethereum should not break below the $845 to uphold the upside potential. Should Ethereum create another high above $1159 wave iv in Orange is already completed, this is our current alternative.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.