As I explained the wave counts for Ethereum, I believe that we have seen the end of a wave 2 correction and the next wave should be a wave 3 up.
I presented the breakdown of the down move using both Elliott Waves and Fibonacci extension.
As mentioned, the stop loss should be below wave C low or if you can stomach more risk, below the low of previous wave 4. The price target is >$3800.
Good luck!
I presented the breakdown of the down move using both Elliott Waves and Fibonacci extension.
As mentioned, the stop loss should be below wave C low or if you can stomach more risk, below the low of previous wave 4. The price target is >$3800.
Good luck!
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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.