This chart appears to be an Ethereum (ETH) price analysis with Elliott Wave Theory applied. It presents two possible scenarios:
1. Bullish Scenario (Green Path):
A potential upward move toward ~$3,000.
After a pullback, a continuation towards ~$4,000+.
2. Bearish Scenario (Red Path):
A rise toward ~$3,000, but failing to break resistance.
A sharp decline below current levels, possibly toward ~$1,200.
Would you like help interpreting this further or discussing potential trading strategies?
1. Bullish Scenario (Green Path):
A potential upward move toward ~$3,000.
After a pullback, a continuation towards ~$4,000+.
2. Bearish Scenario (Red Path):
A rise toward ~$3,000, but failing to break resistance.
A sharp decline below current levels, possibly toward ~$1,200.
Would you like help interpreting this further or discussing potential trading strategies?
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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.
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.