ETH is in a massive bull wave, also known as Elliott Wave 3. To be more precise, it may have just finished wave 1(pink) inside of wave 3 (yellow).
IF, this is the peak of wave 1, wait for the pullback before you jump in this trade. It could be a fairly significant fall.
IF, this is the peak of wave 1, wait for the pullback before you jump in this trade. It could be a fairly significant fall.
Note
Correction to upcoming resistance and support:
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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.