Ethereum (ETHUSDT) | good area to climb📍
Hello traders, Ethereum in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count we did, the main waves 1, 2 and 3 of this symbol are over and now we are inside wave 4 by breaking the bottom of the orange channel.
Wave 4 According to wave 2, the wave is shallow and very long in time or will be formed in a short time.
However, we assume that wave 4 is formed in the shape of a triangle, and from this triangle, wave a is being formed.
Wave a is formed in a zigzag pattern and from this zigzag waves a and b are completed and we are now inside wave c.
Wave c has an unfinished wave 4 and a wave 5, which will probably be completed around the prices of 3100 to 3400, after which we will climb for wave b to the price of 4000 or a warning sign.
If the warning sign is broken, this analysis will not be fielded, but the triangle structure will change to another pattern, such as flat.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
According to the count we did, the main waves 1, 2 and 3 of this symbol are over and now we are inside wave 4 by breaking the bottom of the orange channel.
Wave 4 According to wave 2, the wave is shallow and very long in time or will be formed in a short time.
However, we assume that wave 4 is formed in the shape of a triangle, and from this triangle, wave a is being formed.
Wave a is formed in a zigzag pattern and from this zigzag waves a and b are completed and we are now inside wave c.
Wave c has an unfinished wave 4 and a wave 5, which will probably be completed around the prices of 3100 to 3400, after which we will climb for wave b to the price of 4000 or a warning sign.
If the warning sign is broken, this analysis will not be fielded, but the triangle structure will change to another pattern, such as flat.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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