Is Ethereum finishing a leading diagonal?
I have spotted the potential answer to Ethereum´s weird price action since hitting the june 2022 low.
If we break up the waves, I see the 5-3-5-3-5 structure present in what modern Eliott Wave Theory calls the leading diagonal. In this case, I assume it is a major Wave 1 which after correcting in Wave 2 shall drive us to an ultra bullish Wave 3 (bull market?)
If we break up the waves, I see the 5-3-5-3-5 structure present in what modern Eliott Wave Theory calls the leading diagonal. In this case, I assume it is a major Wave 1 which after correcting in Wave 2 shall drive us to an ultra bullish Wave 3 (bull market?)
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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.