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 our wave count in logarithm mode In the past, wave 1 chart was completed and now we are inside wave 3. Wave 3 probably consists of waves 1, 2, 3 and 4, and now we are inside wave 5, it can be said that wave 5 is almost at the end of its path or will eventually move to the midline. And then the completion of wave 4 is formed. Wave 4 according to wave 2 can be a shallow wave and in terms of time will be short. Wave 4 confirmation will take place after the orange trend line is broken. We also think that wave 4 will form a triangle between 0.23 and 0.38 fibos. 🙏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!❤️
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.