ETH. 4h Growth is possible up to $388. Main local target is $255
Updated
ETH. A closer look at our global idea:
We expect that now we have a b - wave correction (horizontal volumes confirm a negative delta of trades, that is, sales)
Wave (b) may end in the zone from the current price $365 to $388. It is provided if the price rises above $373.
Ahead we are waiting for a strong impulse down to at least $255.
The final confirmation of the scenario is a breakout of $360 on volumes down.
The basis for recalculating the scenario and targets is the price growth above $388.
We expect that now we have a b - wave correction (horizontal volumes confirm a negative delta of trades, that is, sales)
Wave (b) may end in the zone from the current price $365 to $388. It is provided if the price rises above $373.
Ahead we are waiting for a strong impulse down to at least $255.
The final confirmation of the scenario is a breakout of $360 on volumes down.
The basis for recalculating the scenario and targets is the price growth above $388.
Note
Updated the idea of ETH for the medium termSubscribe to us and like to receive coins updates in time.
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
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.