as the market progresses the structures become more and more visible, at this moment, I assume ethereum is forming a triangle pattern and we are the last leg of this correction.
Leg E of triangles is usually tricky and can even go below e-c, so keep that in mind and Look for patterns to get into the market.
Breaking the B-D trendline is usually the the last trigger for triangle pattern and also you can use wave e, triggers like breaking the descending channel in wave E and finally breaking 2200 price level... The targets for this triangle is at least 3400$, which can give a really nice r/r for your trades
Leg E of triangles is usually tricky and can even go below e-c, so keep that in mind and Look for patterns to get into the market.
Breaking the B-D trendline is usually the the last trigger for triangle pattern and also you can use wave e, triggers like breaking the descending channel in wave E and finally breaking 2200 price level... The targets for this triangle is at least 3400$, which can give a really nice r/r for your trades
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.
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.