Hello Traders,
Today on ETH/USD, we can see that we are near the end of the wave X of a possible WXYXZ. My objectives for this wave are the following:
-2581 ---> 76.4% of retracement of the wave Y and also close to the 114.4% of extension of the yellow C
-2480 ---> 85% of retracement of the wave Y and
-2302 ---> 100% of the wave Y and 161.8% of retracement of the yellow and blue C
The first objective seems to be the most likely, but the other two are still possible be careful
After that we will enter in a wave Z which represents a good opportunity for a long position
Feel free to comment if you have any questions